Clifford Chance

Clifford Chance advises Deutsche Bank on an export finance transaction comprising the execution of a CESCE backed facility and a commercial facility with the Republic of Benin

Clifford Chance has advised Deutsche Bank, Sociedad Anónima Española, as arranger, facility agent and lender on an export finance transaction comprising the execution of a CESCE backed facility and a commercial facility with the Republic of Benin, acting through the Government of Benin as represented by its Ministry of Economy and Finance, as borrower. The project in question comprises: (a) the construction of a bridge over Lake Toho at PK0+500 on the Pahou-Tori road; (b) the development and asphalting of the RN36 national road, at the Wadon-Adjarra-Médédjonou-Porto Novo axis and access ramps (18.5 km); (c) the development and asphalting of the Guessou Sud-Fô Bouré-Sinendé road (58 km); and (d) reinforcement of the Comé-Possotomé-Bopa-Zoungbonou road (44 km).

Clifford Chance’s Export Finance group holds an excellent reputation in handling a whole host of complex export finance activities across our international network of offices.

The Clifford Chance team was led by partner José Guardo, supported by finance associates James Rodier, Antonio Sánchez-Cirujano, Boris Alonso and Victoria Morales.