Counsel to a merchant bank on a secured loan to a steel manufacturer
- Value
- Undisclosed
- Date
- 10 October 2026
- Transaction type
- Debt Financing
- Practice area
- Banking and Finance
- Sector
- Manufacturing
- Jurisdiction
- Nigeria
- Client
- Confidential client
Summary
Advised a merchant bank lender on a secured naira loan, restructuring security under a composite security deed and intercreditor arrangements to accommodate multiple lenders and release existing security.
Why it matters
Value band: US$10m-50m
Scope of legal work
Aluko & Oyebode (adviser to the client)
Advisers
| Lawyer | Firm | Role |
|---|---|---|
| Oludare Senbore | Aluko & Oyebode | Lead partner |
Other parties
Not disclosed
Sources
Compiled by Meridian from the public announcements and filings listed under Sources.
- Firm submission
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