Hogan Lovells advises lenders on a €300 million financing for Aéroport International Blaise Diagne
Press releases
| 05
July
2024
Global law firm Hogan Lovells has advised the lenders (Standard Chartered Bank, Société Générale, Ninety One, Bridge Bank, Ecobank, EDC Investment Corporation (EIC), Banque Internationale pour le Commerce et l’Industrie du Sénégal, CBAO Groupe Attijariwafa Bank, Banque Atlantique, The Mauritius Commercial Bank Limited, Sanlam Life Insurance Limited and FirstRand Bank Limited) on a €300 million senior secured credit facility for the development of Aéroport International Blaise Diagne SA (AIBD), the main Senegalese international airport.
This transaction will allow the airport to expand annual passenger capacity with an aim to become a leading air hub in West Africa by 2035.
Hogan Lovells already advised the lenders during the project financing for the construction of the airport which has now been operating since 2017.
The Hogan Lovells team in Paris comprised partner Olivier Fille-Lambie, senior associate Alexandre Salem, associate Jeangély Ampion Liyono in project finance, as well as partner Bruno Cantier and counsel Perrine Limousin on the public law aspects. In London, the team consisted of counsel Nick Tidnam and senior associate Erika Hubert.