Phone +234 14622307-12; 2774921-2
AddressSt Nicholas House, (10th, 12th & 13th Floors), Catholic Mission Street, Lagos, Nigeria.
Kunle Durosinmi-Etti is a Senior Associate and specialises in corporate and commercial transactions including corporate restructuring, capital markets, real estate, mergers & acquisitions, banking and finance. His capital market experience includes public offerings of debt securities on the international market. He was part of the team that advised one of Nigeria’s largest conglomerates on its acquisition of majority shares in a listed company and its divestment of minority interests in two of its subsidiaries to foreign investors. He has also taken part in several due diligence exercises on large conglomerates and was a core member of the team that provided secretarial support to the Capital Markets Solicitors Association.
UUBO is pleased to have advised on the offering of US$650 million in guaranteed senior notes by *Seplat Petroleum Development Company Plc* on the London Stock Exchange. The firm acted for Citigroup Global Markets Limited, J.P Morgan Securities Plc, Nedbank Limited, Rand Merchant Bank, Société Générale, The Standard Bank of South Africa Limited, Standard Chartered Bank, Natixis, FCMB Capital Markets Limited, UBA Plc, United Capital Plc and Zenith Bank Plc (as Initial Purchasers)
The transaction is the largest ever oil and gas bond offering by a Nigerian-based issuer in the international capital markets, and was concluded despite the current challenges of the Covid-19 Pandemic.
The UUBO team was led by the firm’s Senior Partner, Dan Agbor and Partners Yinka Edu and Nicholas Okafor, with support from Kunle Durosinmi-Etti (senior associate) as well as Marcus Ovie Ojaruega, Chinomso Odega, Bolaji Odekunle, Supreme Unukegwo and Oluwatobi Akintayo (associates).
UUBO corporate team advises restaurant brands international on the franchising of the burger king brand in Nigeria
The UUBO Corporate Advisory team is pleased to have advised Restaurant Brands International, the New York and Toronto listed company which owns some of the world’s most prominent restaurant brands including BURGER KING®️, on its franchise arrangement for the BURGER KING®️ brand in Nigeria, which has led to the entry of the BURGER KING®️ restaurant brand into the Nigerian market and widening of the brand’s presence in Africa.
The transaction advisory team was led by UUBO Corporate partner, Ozofu ‘Latunde Ogiemudia, and included Kunle Durosinmi- Etti, Babatunde Olayinka, Chisom Okolie and Bolaji Odekunle.
For more information about our corporate advisory practice, please email us at email@example.com.
UUBO advised on MTN Nigeria’s initial public offer –
N 478.2 billion equity shelf programme establishment and series 1 offer
UUBO is pleased to have advised on the establishment of a
N 478.2 billion equity shelf programme and the Series 1 offer for sale of 575 million shares thereunder, by MTN Nigeria Communications PLC. The firm acted for the Selling Shareholder – MTN International (Mauritius) Limited.
The Series 1 offer was 139.47% oversubscribed and the transaction was the first public offer via a digital platform in Nigeria.
The UUBO team was led by the firm’s Senior Partner, Dan Agbor and Partners Yinka Edu, Nicholas Okafor and Joseph Eimunjeze with support from Kunle Durosinmi-Etti and Ekundayo Onajobi (Senior Associates), as well as Damilola Adedoyin and Chris Oke (Associates).