Procurement Summary
Country : USA
Summary : Cal Bank Limited 9000083010
Deadline : 27 Jun 2024
Other Information
Notice Type : Tender
TOT Ref.No.: 102680143
Document Ref. No. :
Competition : ICB
Financier : Self Financed
Purchaser Ownership : Public
Tender Value : Refer Document
Purchaser's Detail
Name :Login to see tender_details
Address : Login to see tender_details
Email : Login to see tender_details
Login to see detailsTender Details
Description
Title of Requirement: Legal Services for Transaction / Restructuring Counsel (incl. local counsel)
This will be a direct award (Sole Source) for legal requirements IAW FAR 13 to:
A&O Sherman (“A&O”)
1101 New York Avenue NW
Washington, D.C. 20005
Scope: In 2018, OPIC committed a $100mm loan to Cal Bank plc (the “Borrower” or “Cal Bank”), a Ghanian bank, (i) for on-lending to Ghanaian small and medium enterprises and (ii) to refinance an OPIC-guaranteed Citibank loan of $8.3 million to Cal Bank.
The scope of work pertains to that restructuring and related negotiation, which we anticipate will take place over the next 1-2 years, subject to regulatory approvals. Given the local regulatory regime relevant to the borrower, DFC expects that the engaged vendor will also engage local counsel.
Active Contract Opportunity Notice ID Related Notice Department/Ind. Agency UNITED STATES INTERNATIONAL DEVELOPMENT FINANCE CORPORATION Sub-tier UNITED STATES INTERNATIONAL DEVELOPMENT FINANCE CORPORATION Office OFFICE OF ACQUISITION
General Information
Contract Opportunity Type: Special Notice (Original)
All Dates/Times are: (UTC-04:00) EASTERN STANDARD TIME, NEW YORK, USA
Original Published Date: Jun 12, 2024 03:08 pm EDT
Original Response Date: Jun 27, 2024 08:00 am EDT
Inactive Policy: 15 days after response date
Original Inactive Date: Jul 12, 2024
Initiative: None
Classification
Original Set Aside:
Product Service Code:
NAICS Code:
Place of Performance: Washington, DC 20527 USA
Documents
Tender Notice