The Financial Institutions & Capital Markets (FICM) Group, led by Partner This email address is being protected from spambots. You need JavaScript enabled to view it. , focuses on banking, finance and capital market transactions. The Group advises a wide range of clients in the banking and non-banking, insurance, investment banking and the financial services sectors. 

The Group also advises on regulatory issues relating to the financial services and securities sectors, corporate restructuring, mergers and acquisitions, private equity, capital raising and due diligence issues.  The Group has developed a formidable reputation for its work on high profile transactions in Ghana

We rely on our specialist knowledge of the Ghanaian financial sector to provide commercially-focused advice to Ghana’s leading financial institutions on some of their most complex deals. 

Our market-leading Financial Institutions and Capital Markets Practice Group (“FICM”) regularly advises banks, non-bank financial institutions and insurance companies on regulatory and other legal issues.  

FICM has developed a strong reputation for its work on high profile transactions in the financial sector. 

Our pre-eminent position is consistently confirmed by top-tier rankings in all of the major legal directories. 

Recent deal highlights:  

  • Over USD 60M capital raising for a major Ghanaian high street bank
  • Establishment of a GHS 75 million medium term note programme for a multinational commercial bank
  • Establishment of a GHS 80 million medium term note programme for a financial institution and listing of the notes on the Ghana Alternative Market
  • Group restructuring of a major financial group
  • Issuance of promissory notes for major loan providing company.

We are trusted advisers to international and domestic corporations and financial institutions regarding finance transactions.

FICM offers tested and sophisticated thinking and experience on the law and practice of finance to both international and domestic lenders and borrowers on a full range of finance transactions, including project and infrastructure finance, asset finance, and restructurings.

We have been at the forefront of providing innovative legal advice on finance as a result of our extreme attention to detail, rigorous research and value creation for clients.

Recent deal highlights:

  • Two tier 2 debt financing projects for major high street banks worth in excess of USD 40M
  • Assisting a pan-African Bank on its USD 10 million trade finance facility to an industrial company

 

FICM provides pre-eminent legal advice on capital markets transactions in the Ghana market. 

We focus on practical and integrated legal advice to clients on mainstream and other innovative capital markets transactions, including debt and equity transactions.

FICM routinely advises on initial public offerings, rights issues, additional listings and private placements. Our debt capital markets deals portfolio includes advice on medium term note programmes and commercial paper issuance programmes established by both international and domestic issuers as well as advice on derivatives. 

We advise major market participants including leading financial institutions, corporates, governments and multinationals undertaking capital markets deals in Ghana as well as first time issuers and other new players in the capital markets. 

FICM is also actively involved in helping shape the legal and regulatory framework for capital markets in Ghana. 

Recent deal highlights:  

  •  Advising major capital companies on initial public offering, additional listing and rights issues in 2014
  • Establishment of medium term note programme and listing of the notes on the Ghana Alternative Market for a financial institution
  • Advising a multinational Bank on the establishment of its medium term note programme

FICM has the leading and most experienced M&A practice in Ghana.

We advise domestic targets and investors and international investors (including private equity firms) on the full range of public and private M&A, schemes of arrangements, restructurings, corporate governance and regulatory compliance. We have an extensive and matchless experience in conducting legal due diligence in relation to M&As and other transactions.

Our market-leading practice is powered by our sophisticated understanding of the interpretation of the applicable rules and the way in which regulators’ discretions are exercised.  

We actively inform the market on the legal and practical issues impacting M&A in Ghana.  This includes the publication of information and online resources such as our chapters in Practical Law’s “Public mergers and acquisitions in Ghana: overview”, the “International Comparative Legal Guide to Mergers and Acquisitions” and “LexisNexis Mergers & Acquisitions Law Guide 2015”. 

Recent deal highlights:

Due to the confidential nature of these transactions, we are unable to provide extensive details. However we have advised on a wide range of recent transactions including:

  •  Multi-million dollar equity investments by private equity firms into Ghanaian and other African businesses
  • The acquisition by a multinational insurance company of a Ghanaian insurance company
  • A number of cross-border acquisitions or mergers of international and domestic banking institutions
  • The acquisition of a major consumables business by a foreign holding company

JoomSpirit