|Selected Advisory Deals|
Critical Success Factors
Databank provides the West Africa sub-region with the most advanced techniques and creative solutions to their corporate finance problems and financial engineering requirements. For foreign clients, Databank bridges the cultural chasm while providing superior services at par with international standards. The extensive experience of professionals at Databank ensures that assignments related to finance, economic analysis, management consulting and marketing are approached and analysed in a creative and original way. The firm's analytical capability is unmatched by any other firm in the country.
Selected transactions executed include:
Placement of 52% of Social Security Bank (SSB) to a consortium of international fund managers valued at US$21 million and identification of a technical/strategic partner - 1997
Execution of the largest secondary market transaction in the history of the GSE - the US$25 million sale of substantially all of the Government of Ghana's shares in seven listed companies to a consortium of emerging market funds - 1994
Successfully raised ¢1.3 billion for Home Finance Company Limited (HFC) through the placement of shares in an initial public offering and subsequent listing on the Ghana Stock Exchange - 1995
Lead manager for the issuance and placement of US$35 million shelf offer dollar denominated Home Finance Company Housbond, to date the only corporate bond listed on the GSE. The first shelf offer of $2 million was oversubscribed by 27% - 1996
Lead manager for the privatisation and floatation of Pioneer Aluminium Factory which raised ¢762.7 million in 1995
Lead manager for the privatisation and the restricted offer of ¢6.75 billion worth of Aluworks Limited Shares in 1996
Significant participation in the US$450 million dual listing of Ashanti Goldfields Company (AGC) on both the London and the Ghana Stock Exchanges - 1994
Other Critical Success factors
DBL has had most of all secondary market trades on the GSE over the past three years. Databank is the sole research house in the industry and publishes the Ghana Stock Market Review (Annual and Quarterly), Databank Weekly Newsletter and other stock market publications. Databank has strong relationships with several Emerging Market Funds in Europe and North America with active participation in African equity markets.