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WFW advises lenders on financing of Afentra’s entry into Angola

Watson Farley & Williams has advised Mauritius Commercial Bank as agent and lender on an up to US$110m reserve-based lending facility and an up to US$30m working capital facility granted to Afentra Ltd for the acquisition from INA-Industrija d.d. of 4% interests in Block 3/05 and Block 3/05A offshore Angola in the Lower Congo Basin.

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Ship Finance and COVID-19

This briefing will discuss the potential effect of the COVID-19 crisis on borrowers and lenders and their English law loan facilities.

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