Capital Markets
Our Capital Markets Practice Group is made up of lawyers with an in depth understanding of the international and domestic capital markets’ transactions.
We have an excellent grasp of the dynamics of the market and its regulations as well as an excellent working relationship with the regulators, primary of which is the Securities and Exchange Commission (SEC), therefore, we are able to provide expert advice to our clients in connection with all types of offerings including public offerings and private placements of debt and equity. The integrated nature of our practice enables us to offer comprehensive services (including corporate finance, financial regulation and tax) including issuances, securitisations, structured finance and derivatives, corporate trust structures and other capital market products. We are known to bring our fresh thinking, borne out of a nimble team with capacity for intellectual rigor, to bear in providing original solutions and approaches to ensure the attainment of our clients’ commercial objectives. In keeping with the diverse stock exchange regulations and requirements, which are always in motion, we ensure the utmost due diligence in providing our clients with constant up to date legal advice and information memoranda on securities’ regulatory compliance requirements.
In recent times, our team has acted in diverse capacities as Solicitor to the Issue, Issuers and Trustees providing transaction advisory to both domestic and international issuers and investors on multi-million-dollar bond issuances, private placement and commercial papers in the real estate, mining, oil and gas, power, private equity, pharmaceutical & health care, as well as the telecommunications sectors.
Our advice is tailored towards adopting global perspective and harnessing our significant sector specific knowledge to deliver the most suitable solutions to help our clients achieve their corporate goals and objectives within the shortest timeframe.
Representative Experience
- Acted as solicitor to the issuer in connection with the proposed N20,000,000,000 Asset-Backed Bonds issuance programme by Purple Receivables SPV Plc.
- Acting as solicitor to the public offer of a N2,000,000,000 Halal Fixed Income Fund.
- Acting as a solicitor to the issue of N15,500,000,000 collaterised loan notes.
- Acting as a solicitor to the trustees in connection with the proposed N25,000,000,000 bonds issuance programme by a Nigerian state government.
- Acted as solicitor to the issue of a N3,000,000,000 equity private placement in a real estate holding company.
- Acted as the solicitors to the issue of Purple Real Estate Income Limited N2,500,000,000 collaterised loan notes.
- Advised Geogrid Lightec Limited in relation to its N500 Million private placement issue to identified private and institutional investors for the development of modular embedded power projects in Lagos and Ogun States in projects worth over US$200,000,000.
- Advised an indigenous oil service company (the “Issuer”), as solicitor to the issue in relation to a US$2,000,000 bonds to part finance an offshore support vessel acquisition as well as working capital by the Issuer.
- Advised Alternative Capital Partners Limited (ACAP) in relation to the setup of the ACAP CanaryGrowth Fund for the acquisition of the management interest and transfer of fund management role in Oceanic Vintage Fund and Intercontinental Integrity Fund. This transaction was the first ever acquisition of a mutual fund followed by the first ever integration of two (2) mutual funds in Nigeria.
- Advised Alternative Capital Partners Limited in the private placement of ACAP iClass LLP shares to identified private and institutional investors (in conjunction with Swede Control Intertek). ACAP iClass LLP subsequently acquired Skye Bank PLC’s 51.95% shareholding in Law Union and Rock Insurance PLC.
Awards & Recognitions
- The capital markets: structured finance and securitization team at Bloomfield Law Practice is described as a “practical and hands-on' Nigerian law firm with expertise in corporate commercial, private equity, real estate and financing matters."
IFLR – 2020 Rankings - In Capital Markets, “Bloomfield is unique due to its ability to break down complex solutions into simple steps and ensure everyone within our company understands what it means to comply.”
The Legal 500 – 2020 Rankings - The ‘extremely professional and good-value’ team at Bloomfield Law Practice is known for handling complex acquisitions, ship and aircraft financing, capital markets, real estate and project financings.
The Legal 500 – 2018 Rankings - “Bloomfield Law Practice has ‘an edge in terms of service because it makes clients’ business its business’. The team focuses on acquisition finance – particularly in the power, oil, gas and mining sectors – and also has experience in capital markets work, as well as asset and project finance.”
The Legal 500 – 2017 Rankings
