AVM instructed on $1.5bn Angolan Eurobond issue
AVM advised a syndicate of banks – which included Goldman Sachs, Deutsche Bank and Commercial Bank of China (ICBC) – on Angola’s first Eurobond issue, which was valued at $1.5 billion.
The firm worked in partnership with White & Case on the transaction.
The team was coordinated by Partner António Vicente Marques and associate Tiago Pereira Monteiro.
The Eurobonds have a maturity of 10 years.
An AVM statement said: “The operation was an enormous success and helped to increase Angola’s economic stability.”
Abreu Advogados’ partner firm in Angola, FBL Advogados, and Norton Rose Fulbright advised the Finance Ministry of Angola in relation to the matter.