LONDON – Bracewell (UK) LLP advised Vitol, the international commodities trader, as lender in connection with a $2 billion portfolio financing facility. The facility is made available to the Uganda National Oil Company (UNOC) for the purposes of developing and constructing a range of energy and infrastructure projects in Uganda.
Gordon Stewart, who led the transaction for Bracewell, commented: “We are delighted to support Vitol on this transformational financing for Uganda, providing as it does, a significant amount of liquidity to support investment in Uganda’s Tenfold Growth Strategy and the diversification of regional trade.”
Bracewell lawyers involved in the transaction include:
Partners: Gordon Stewart, Tom Jamieson, Oliver Irwin and Adam Blythe
Senior Associates: Sameer Ahuja and Mark Kahn
Associate: Thomas Howard
