AELEX is pleased to have acted as Joint Solicitor to the offer, in connection with the initial public offering by Dangote Petroleum Refinery & Petrochemicals FZE . With an offer size of approximately US$1.5 billion, the transaction represents a significant milestone for Dangote Petroleum Refinery & Petrochemicals FZE and the Nigerian capital markets.
We are delighted to have advised on this landmark transaction which is the largest single IPO yet, in Africa. Our participation in this transaction reflects AELEX’s longstanding expertise in capital markets and securities transactions, as well as our continued commitment to supporting issuers, investors, and other market participants on transformational transactions that contribute to economic growth and market development. We remain committed to supporting transactions that deepen Africa’s capital markets and unlock sustainable economic growth.
We are honoured to work alongside the issuer and other advisers in helping to facilitate a transaction of this scale and significance; and congratulate Dangote Petroleum Refinery & Petrochemicals, and all stakeholders involved as the transaction reaches this important milestone.
We look forward to supporting the successful completion of the offer and its anticipated listing on the Nigerian Exchange Limited.