GuarantCo Ltd.’s $74 million re-guarantee facility to the guarantors of a number of financial institutions who provide loans to small and medium sized enterprises in Africa


Eversheds Sutherland has advised GuarantCo Ltd. on the provision of a re-guarantee facility, worth up to $74 million, to the guarantors of a number of financial institutions who provide loans to small and medium sized enterprises in Africa.

The facility, provided to the African Guarantee Fund for Small and Medium Sized Enterprises and the African Guarantee Fund pour les petites et moyennes enterprises (AGF West Africa), was signed on 1 March 2018.

Eversheds Sutherland fielded a cross-border team with representation from the UK, Paris and Mauritius. The Eversheds Sutherland team was led by finance Partner Conrad Purcell (picture), alongside Partner Jean-Francois Boisvenu and Senior Associate Ghjuvana Luigi.

Involved fees earner: Conrad Purcell – Eversheds Sutherland; Jean-Francois Boisvenu – Eversheds Sutherland; Ghjuvana Luigi – Eversheds Sutherland;

Law Firms: Eversheds Sutherland;

Clients: GuarantCo Ltd.;