Selected Transactions
2024
USD 20 Million Medium Term Facility for Telecel Global
IC Securities (Ghana) Limited acted as Sole Financial Advisor to Telecel Global and Telecel Group on this transaction
2023
Sale of ~3.17% of Scancom PLC Shares as part of its Localisation
IC Securities (Ghana) Limited acted as Co-Transaction Advisor to Scancom PLC in this transaction
2023
Acquisition of two 30MHZ Spectrum licences in the 2600MHz band
IC Securities (Ghana) Limited acted as Co-Transaction Advisor to Scancom PLC in this transaction
2022
Sale of ~6.2% of Scancom PLC Shares as part of its Localisation Process
IC Securities (Ghana) Limited acted as Co-Transaction Advisor and Sole Transaction Broker to Scancom PLC in this transaction
2022
Government of Ghana Medium to Long-Term Bonds ~GHS 4.1 Billion*
IC Securities (Ghana) Limited acted as a Bond Market Specialist in relation to Government of Ghana’s issuances of Medium to Long-Term Bonds * As at March 2022
2021
Government of Ghana USD 3 billion Eurobond Programme
IC Securities (Ghana) Limited acted as co-manager for the Government of Ghana’s USD 3 billion Eurobond Offering
2021
Government of Ghana Medium to Long-Term Bonds ~GHS 13.6 Billion
IC Securities (Ghana) Limited acted as a Bond Market Specialist in relation to Government of Ghana’s issuances of Medium to Long-Term Bonds
2020
Delisting of PZ Cussons Ghana Limited from the Ghana Stock Exchange
IC Securities (Ghana) Limited acted as the sole financial advisor and sole sponsoring broker to PZ Limited in respect of this transaction
2020
Market Research and Advisory
IC provided research and advisory services to Olam covering multiple African countries.
2020
Government of Ghana USD 3 billion Eurobond Programme
IC Securities (Ghana) Limited acted as co-manager for the Government of Ghana’s USD 3 billion Eurobond Offering
2019
Government of Ghana USD 3 billion Eurobond Programme
IC Securities (Ghana) Limited acted as co-manager for the Government of Ghana’s USD 3 billion Eurobond Offering
2018
Initial Public Offer consisting of up to 4,637,394,533 ordinary shares valued at ~GHS 3.5 billion (~USD 750 million) and the Listing of all 10.76bn issued shares on the Ghana Stock Exchange
IC Securities (Ghana) Limited acted as lead financial advisor and sole sponsoring broker to MTN Ghana Limited in respect of this transaction
2018
GHS 222 million Rights Issue
IC Securities (Ghana) Limited acted as sole financial advisor and sole sponsoring broker to Access Bank (Ghana) Plc in this transaction
2018
Government of Ghana Medium and Long-Term Bonds Total Amount raised - GHS 39.27 billion
IC Securities (Ghana)Limited acted as a bookrunner for the Government of Ghana on Issuances of Medium to Long-Term Bonds
2018
Government of Ghana USD 2 billion Eurobond Programme
IC Securities (Ghana) Limited) acted as co-manager for the Government of Ghana’s USD 2 billion Eurobond Offering
2017
Sale of 27.7% DPI stake in CAL Bank Limited to Arise B.V valued at: GHS 221,672,810
IC Securities (Ghana) Limited acted as sole financial advisor and sole broker to DPI in respect of this transaction
2016
Initial Public Offer consisting of a sale of 47,388,330 existing ordinary shares and an offer for subscription of 75,471,698 new ordinary shares valued at: GHS 325,579,074.20
IC Securities (Ghana) Limited acted as the financial advisor and lead sponsoring broker to Agricultural Development Bank Limited in respect of this transaction
2016
Domestic Medium Term Note Programme of USD 100 million
IC Securities (Ghana) Limited acted as the sole sponsoring broker for the USD 100 million Ghana Home Loans Domestic Medium Term Note Programme
2016
Domestic Medium Term Note Programme of GHS 300 million
IC Securities (Ghana) Limited is acting as a co-manager and co-sponsoring broker for the multi-year (2016-2021) GHS 300 million AFB (Ghana) Plc Medium Term Note Programme
2016
GHS 180 million Rights Issue
IC Securities (Ghana) Limited acted as sole financial advisor and sole sponsoring broker to Guinness Ghana Breweries Ltd. in this transaction
2016
Government of Ghana USD 750 million Eurobond Programme
IC Securities (Ghana) Limited acted as co-manager for the Government of Ghana’s USD 750 million Eurobond Offering
2015
Sale of 79.0% stake in ProCredit Bank Congo S.A. to Equity Bank by ProCredit Holdings, BIO and DEON
IC Securities (Kenya) Limited acted as sole financial advisor to ProCredit Bank Holdings in this Transaction
2015
Acquisition of 60.7% stake in UAP Holdings Limited by Old Mutual plc for a consideration of USD 253 million
IC Securities (Kenya) Limited acted as financial advisor to Old Mutual plc in this transaction
2014
USD 70 million Private Placement & Additional USD 60 million Tier 2 Debt
IC Securities (Ghana) Limited acted as lead financial advisor to Fidelity Bank in this transaction
2014
Acquisition of ProCredit Ghana Limited by Fidelity Bank Limited
IC Securities (Ghana) Limited acted as financial advisor to Fidelity Bank Limited in this transaction
2014
A primary listing of 7,308,135 existing ordinary shares and an offer for subscription of 1,333,334 ordinary shares of no par value at GHS 3.00 each, issued and fully paid
IC Securities (Ghana) Limited acted as the sole financial advisor and lead sponsoring broker to Mega African Capital in respect of this transaction
2014
Sale of a minority stake in CalBank held by Proparco in a private placement
IC Securities acted as sole financial advisor and sole broker to Proparco in this transaction
2014
Listing of the NewGold ETF on the GSE
IC Securities (Ghana) Limited acted as the sole sponsoring broker to Absa Capital in this transaction
2014
Sale of a significant minority in Leaseafric Ghana Limited to the West Africa Emerging Markets Growth Fund
IC Securities (Ghana) Limited acted as the sole financial advisor to Leaseafric Ghana Limited in this transaction
2013
Domestic Medium-Term Note Programme
IC Securities (Ghana) Limited acted as licensed dealing member as part of the IFC’s USD 1 billion Pan-African Domestic Medium Term Note Programme
2013
Debt and Mezzanine Financing of USD 30 million
IC Securities (Ghana) Limited acted as the sole financial advisor and arranger for the USD 30 million Genser Energy Limited Debt and Mezzanine Financing
2013
Acquisition of majority stake in Provident Life Assurance Company Limited
IC Securities (Ghana) Limited acted as sole financial advisor in this transaction
2012
GHS 50 million Private Placement
IC Securities (Ghana) Limited acted as lead financial advisor and lead sponsoring broker to HFC Bank Limited in this transaction
2012
GHS 75 million Private Placement
IC Securities (Ghana) Limited acted as sole financial advisor and sole sponsoring broker to CAL Bank Limited in this transaction
2011
Acquisition of real estate assets and market entry advisory services
IC Securities (Ghana) Limited acted as sole financial advisor to Shangri-La Asia Limited in this transaction
2011
GHS 70 million Renounceable Rights Issue and the listing of 46,666,667 new shares on the GSE
IC Securities (Ghana) Limited acted as sole financial advisor and sole sponsoring broker to Guinness Ghana Breweries Ltd. in this transaction
2011
Sale of a minority stake in Tullow Plc and secondary listing on the GSE
IC Securities (Ghana) Limited acted as the financial advisor and sponsoring broker to Tullow Oil Plc in respect of this transaction
2011
Acquisition of 76.50% of BOPP via a takeover on the GSE
IC Securities (Ghana) Limited acted as the financial advisor to Wilmar in this transaction
2009
GHS 79.5 million Renounceable Rights Issue
IC Securities acted as the lead financial advisor and lead sponsoring broker to Ecobank Ghana Limited in this transaction
2009
GHS 48.0 million Renounceable Rights Issue
IC Securities acted as the sole financial advisor and sole sponsoring broker to Standard Chartered Ghana Limited in this transaction
2009
GHS 30 million Rights Issue
IC Securities (Ghana) Limited acted as Co-Lead Manager in this transaction
2009
GHS 50 million Private Placement
IC Securities (Ghana) Limited acted as the sole sponsoring broker to UT Bank Ghana Limited in this transaction
2009
Sale of a significant minority stake in Vanguard Group Limited to Tiso Investment Holdings
IC Securities (Ghana) Limited acted as the sole financial advisor to Vanguard Group Limited in this transaction
2007
Market Entry Advisory
IC Securities (Ghana) Limited acted as financial advisor in this transaction
2007
Financial adviser and arranger on GHS 1 million expansion capital
IC Securities (Ghana) Limited acted as financial advisor in this transaction
2006
Financial advisory on USD 26 million capital for a 5-Star hotel project
IC Securities (Ghana) Limited acted as financial advisor in this transaction
2005
Financial advisory on the 330 MW combined cycled power plant
IC Securities (Ghana) Limited acted as financial advisor in this transaction
2004
Fairness Opinion and Valuation
IC Securities (Ghana) Limited acted as financial advisor in this transaction