Category: Ocotber 2008

October update

Welcome to the October edition of Focus. We’re pleased to say that it’s been one of the busiest periods for the firm with the financial completion of a number of transactions including the Lekki-Epe Expressway toll road project in Lagos, Nigeria and the Rabai IPP Project in Kenya (detailed in this edition of Focus). We… Read more »

A review of the Rabai IPP Project

Introduction The Rabai IPP Project in Kenya reached financial close in October. Trinity acted for the project sponsors in the transaction. Representing more than two year’s work, the completion of the Project represents a significant achievement for all involved, particularly given the legal challenges posed by events such as those following the political events in… Read more »

Legalese – Set off and netting

Although the terms “set-off” and “netting” are often used interchangeably, they each have a different legal meaning and should be used carefully when applied in finance transactions. Set-off Set-off is the offset of competing monetary claims to produce a single amount owed by one person to another. So, for example, where two parties have mutual… Read more »