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White & Case Advises on Refinancing of Short-Term Debt of Electricity Sector of Côte d'Ivoire

Global law firm White & Case LLP has advised Côte d'Ivoire Energies, a State-owned Ivorian company, on the two-tranche refinancing of the short-term debt of the electricity sector of Côte d'Ivoire.

The first tranche of 95 billion CFA Francs was provided by Société Générale Côte d'Ivoire and NSIA Banque Côte d'Ivoire, pursuant to an Ivorian law governed facility agreement, and signed on 11 January 2019.

The second tranche of €300 million was provided by Deutsche Bank, pursuant to a French law governed facility agreement, and signed on 29 April 2019.

The White & Case team in Paris that advised on the transaction was led by partner Paule Biensan, with support from associates Louis-Jérôme Laisney and Alain Chan Hon.

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