UUBO Advised FMO and Development Finance Institutions on US$295 Million Syndicated Loan to Access Bank
Udo Udoma & Belo-Osagie (UUBO) advised as legal counsel to Nederlandse Financierings-Maatschappij Voor Ontwikkelingslanden N.V. (FMO) and a syndicate of other development finance institutions in connection with the provision of a syndicated term loan facility of up to US$295 million to Access Bank Plc.
The facility is aimed at strengthening the Tier 2 Capital of Access Bank and providing capital to women, youth, and agriculture-focused SMEs, including those located in rural regions across Nigeria. This initiative aligns with the broader objective of enhancing financial inclusion and supporting sustainable economic development in key sectors.
The UUBO team was led by Yinka Edu (Partner) and Onyinye Okafor (Partner), with support from Chisom Okolie, Love Olayemi, and Tochukwu Nwankwo.
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