Legal Week reports
May 28, 2003 at 08:03 PM
1 minute read
The original version of this story was published on Legalweek
Norton Rose advised state-owned Angolan oil company Sonangol on its $1.15bn (£700m) fundraising – the African state’s largest ever oil-backed financing transaction.
The deal sees the Angolan Government take pre-payment of crude oil for the next six years. The transaction was fully underwritten by BNP Paribas, Natexis Banques Populaires, Societe Generale and Banque Belgolaise – advised by Clifford Chance (CC).
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