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White & Case Advises the Republic of Zambia on Its Debut US$750 Million Eurobond Offering

London, September 21, 2012 ... Global law firm White & Case LLP has advised the Republic of Zambia in connection with its debut offering of US$750 million 10-year Eurobonds. Barclays and Deutsche Bank acted as the joint lead managers.

“White & Case has a long history of acting for sovereign issuers in sub-Saharan Africa, particularly on debut bond issues,” said White & Case partner Stuart Matty. “Despite on-going uncertainty in the markets, the Zambian offering was significantly oversubscribed, and proved extremely popular with investors. There remains considerable appetite for growth market issuers with compelling stories.”

White & Case is the leading practice advising sovereign clients, particularly in Africa where the firm’s footprint in the securities market is unrivalled. This transaction represents White & Case’s fourteenth mandate for sovereign offerings so far this year, with issuers tapping the international capital markets for over US$15billion. It also represents the fourth sub-Saharan African sovereign securities debut offering the firm has acted on since the start of 2011, having previously worked on 144A securities offerings by Nigeria, Senegal and Namibia.

The White & Case team was led by London partners Stuart Matty and Melissa Butler, and supported by associates Gordon Charlton and Magda Miecznikowska.

About White & Case
White & Case LLP is a leading global law firm with lawyers in 38 offices in 26 countries. Among the first US-based law firms to establish a truly global presence, we provide counsel and representation in virtually every area of law that affects cross-border business. Our clients value both the breadth of our global network and the depth of our US, English and local law capabilities in each of our regions and rely on us for their complex cross-border transactions, as well as their representation in arbitration and litigation proceedings.

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Oonagh Bates
Media Relations Manager, EMEA
White & Case LLP
+ 44 20 7532 2927