Arnold & Porter LLP has advised the Government of Kenya on a $600 million term loan facility arranged by Standard Chartered Bank, Citibank and The Standard Bank of South Africa Limited. The transaction, signed on 15 May 2012, was Kenya's first international syndicated loan. "This is an important milestone for the Republic of Kenya and we are delighted to have assisted the Republic with this debut international transaction" said Arnold & Porter partner Whitney Debevoise.
The Arnold & Porter team was led by partners Whitney Debevoise and Jeremy Willcocks.
Arnold & Porter is recognised as one of the world's leading law firms in the representation of sovereigns in their international financial affairs. For over 30 years, the firm has been involved in numerous international financial transactions on behalf of sovereigns, including offerings of securities and restructuring of existing obligations.