March 4, 2015

Bond Restructuring (Aviation)

Deal Description
The bond restructuring of Nigeria Aviation Handling Company (Nahco Aviance) was the first to be executed by FBN Capital Limited and marked one of the key steps taken by Nahco Aviance towards improving the management of its debt profile.

As Financial Adviser on the transaction, FBN Capital Limited was pivotal to the strategy for engaging and securing the approval of bondholders as well as regulatory clearance well ahead of the next scheduled coupon payment date.