Deal Description
FBN Capital Limited was mandated by Seven Energy International Limited (“SEIL”) in March 2016 to act as Financial Adviser for the restructuring of the Accugas IV Term Facility (the “Facility”) for Accugas Limited (“Accugas”) – a wholly owned subsidiary of SEIL.
Accugas focuses on sales and marketing, processing and distribution of gas to the domestic Nigerian market. FBN Capital Limited completed the first phase of the restructuring which involved resculpting the amortization profile of Accugas IV from September 2016 – December 2017.
