Banking, finance and capital markets

Udo Udoma & Belo-Osagie

Udo Udoma & Belo-Osagie's practice houses a team praised by clients as ‘experts in banking and finance as well as in capital markets’, and fields experience in handling asset and acquisition finance, debt restructuring, and Islamic finance. Aniekan Ukpanah and Daniel Agbor are experts in project finance, while Yinka Edu’s workload takes in corporate, leveraged and structured finance. Adeola Sunmola and Onyinye Okafor are well versed in advising on syndicated lending transactions, and Joseph Eimunjeze has experience in regulatory and compliance issues. Other key practitioners include Victor Samuel, Nicholas Okafor, Pamela Onah and Lisa Esamah.

Legal 500 Editorial commentary

Testimonials

Collated independently by Legal 500 research team.

‘Udo Udoma & Belo-Osagie is one of the best law firms in Nigeria and it has deep knowledge of the capital market industry.’
‘The team is well equipped with seasoned lawyers who are experts in banking & finance as well as capital markets.’
‘UUBO is in tune with the changes in diverse sectors of the practice, the lawyers have excellent drafting skills and are also very good at structuring transactions.’
‘The banking, finance and capital markets team is collaborative, with excellent understanding of the sectors.’
‘Onyinye Okafor is a star and very lovely to work with. She can be firm but very flexible to integrate ideas. She knows her craft and is very amiable. I am always delighted to work with her.’
‘Adeola Sunmola is an expert in banking & finance and capital market transactions.’
‘Pamela Onah is strong at drafting legal documents and reviewing legal documents to ensure it captures relevant issues.’
‘Victor Samuel is very hard working.’

Key clients

ABritish International Investment plc (formerly CDC Group plc)
Africa Finance Corporation
Standard Chartered Bank
Citigroup Global Markets Limited
JP Morgan
STL Trustees Limited
FBN Quest Trustees Limited
ABSA Bank Limited
Rand Merchant Bank Nigeria Limited
European Investment Bank
Jotna Nigeria Limited
Barak Fund SPC Limited
BUA Cement Plc
Seplat Energy Plc
International Finance Corporation
International Fund for Agricultural Development
Geometric Power Limited
Echosys Invest
Infrastructure Credit Guarantee Company Limited
Sahara Energy Group
Johnvent Industries Limited
Chapel Hill Denham

Work highlights

Advising International Finance Corporation and a consortium of other lenders in connection with a proposed issuance of a USD 500,000,000 senior secured facility to BUA Cement Plc, for the purpose of expanding the latter's integrated cement plant.
Advising Seplat Energy Plc on the Nigerian legal aspects of the financing, by lenders, for a proposed acquisition of a 100% stake in two holding companies.
Advised AFD on providing a €100,000,000 unsecured term loan facility to the Bank of Industry concerning its ongoing focus on sustainable development finance.