Stren & Blan Partners is pleased to have acted as Transaction Solicitors to Jimcol Resources Nigeria Limited on the successful completion of a N2 billion (Two Billion Naira) Series 1 funding under its N20,000,000,000.00 (Twenty Billion Naira) private note issuance programme.
The new capital would support Jimcol’s increasing project base as a leading engineering and construction company in Nigeria.
Our role as Solicitors to this transaction had cut across the initial documentation, structuring, compliance, and to the final stage of funding. This transaction demonstrates our deep expertise in driving market-defining deals in debt capital markets amongst other transactional expertise as well as our commitment in providing sophisticated legal support to businesses seeking to raise capital to achieve their local and cross-border operational objectives.
The Transaction was led by the Team Lead, Private Equity, Capital Markets and Mergers & Acquisitions, Noble Obasi, and assisted by Associates, Ibitola Akanbi, Michael Afuye, and David Olajide.