Ashurst Advises Africa Finance Corporation on Republic of Angola’s Inaugural ¥40 Billion Samurai Bond Issuance

"Global law firm Ashurst advised Africa Finance Corporation (AFC) — acting as re-guarantor — on the Republic of Angola’s inaugural Samurai bond: JPY 40 billion (≈US$258 million). The deal marks Angola’s debut in Japan’s domestic bond market, helps diversify its funding sources and broadens access to Japanese institutional investors, reflecting deeper capital-markets links between Africa and Japan. AFC’s involvement aligns with its mandate to mobilise competitive funding for African development and follows Angola becoming a sovereign shareholder of AFC in June 2025. The transaction was delivered using Ashurst’s cross-border debt, structured finance and regulatory expertise, with the team led by partner Tom Longmuir and supported by its Tokyo capital markets capability."

Law firms and parties assisted: - Ashurst advised Africa Finance Corporation (AFC), which acted as re‑guarantor to the Republic of Angola in connection with Angola’s Samurai bond issuance. Brief description of the transaction: - The Republic of Angola completed its debut Samurai bond issuance of 40 billion Japanese yen (approximately US$258 million). The bond marked Angola’s first entry into Japan’s domestic bond market, aimed at diversifying the country’s funding sources and broadening its international investor base. AFC acted as re‑guarantor to support the offering; the transaction attracted strong demand from Japanese institutional investors and follows Angola becoming a sovereign shareholder of AFC in June 2025. Lawyers named in the press release (seniority and practice area where stated): - Tom Longmuir — Partner (led the Ashurst team; quoted on emerging‑markets financings and DFI‑related transactions). - Cédric Gamambaye Dionmou — Counsel. - Samia Khennous — Senior Associate. - Silvija Jurgsaityte — Associate. - Lilian Decot — Associate. - Peggy Flanagan — Trainee Solicitor. - Myfanwy Wood — Partner (advised on jurisdictional and immunity‑related matters). - Matthew Harnett — Senior Associate (advised on jurisdictional and immunity‑related matters). - Matthew Wood — Relationship Partner (noted as Ashurst’s relationship partner for AFC). - Chihiro Ashizawa — Capital Markets Partner, Tokyo (recent hire referenced as part of Ashurst’s capability to connect Japanese institutional capital).

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Ashurst Advises Africa Finance Corporation on Republic of Angola’s Inaugural ¥40 Billion Samurai Bond Issuance

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Ashurst Advises Africa Finance Corporation on Republic of Angola’s Inaugural ¥40 Billion Samurai Bond Issuance

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