Adekunle Adewale
Partner
Contact Details
- Email: k.adewale@balogunharold.com
- Phone Number: +2348067432622
Education
- University of Lagos, LL.B.
- Nigerian Law School, B.L.
- University of Lagos, Nigeria, LL.M. (Corporate & Commercial Law)
Memberships/Certifications
- Nigerian Bar Association (“NBA“)
- Chartered Institute of Bankers Nigeria
- Canadian Centre for Professional Legal Education
- Law Society of Manitoba
- Federation of Law Societies of Canada
Profile
Kunle is a seasoned Banking & Finance transactions attorney with a track record of advising financial institutions, multilateral agencies, and corporations on diverse and complex financing transactions. He has served as General Counsel for two regulated entities, where he was a member of the Management Board and held pivotal roles, including Chairman of the Staff Disciplinary Committee and participant in key committees such as Diversity & Inclusion, Anti-Fraud, Risk & Audit, IT Steering, Policy Review, and Talent Council. His experience in corporate governance and compliance discipline enhances his ability to navigate both local and cross-border financing transactions with precision and insight.
Kunle is also dedicated to community service and currently serves on the boards of Greater Winnipeg Senior Citizens Non-Profit Housing Corporation (Hamilton House Board), Evermore Gather Grow Lead Inc., and Palliative Manitoba, where he contributes his governance expertise and strategic vision.
Beyond his professional and board commitments, Kunle has a vibrant personal side. He is an avid movie enthusiast, a passionate rap music fan who enjoys composing lyrics, and a loyal supporter of Arsenal FC, rarely missing a match in the English Premier League.
Select Experience
- Advised on the global acquisition of an oil services company with the entire (global) transaction valued in excess of US$5.5 billion;
- Advised a global banking and financial services company, as MLA in the unsecured USD$100 Amortising Term Loan Facility to a tier-2 Nigerian FI;
- Advised a leading investment bank on a Partial Risk Guaranteed Standby Letter of Credit to be issued by the investment bank acting as L/C Issuing Bank under a USD$150 million Reimbursement and Credit Agreement;
- Advised an indigenous commercial bank in relation to a USD$ 200 Million financing to be provided in conjunction with an international financial institution headquartered in Cairo, Egypt, for the acquisition of oil and gas assets;
- Advised on the USD100million Refinance Facility to an indigenous broadband company to refinance and restructure its existing debt obligations of circa USD80million and fund its construction of a data center;
- Advised on US$ 60m debt refinancing of a diversified business group with interests in pharmaceutical, energy, industrial plastic packaging, importation and distribution of consumer goods as well as the agricultural sectors;
- Advised on US$107 million ECA-backed financing for the construction and development of the first phase of a mixed use real estate development.
- Advised an investment bank on a EUR 10.4 million ECA-backed term loan facility to a local bank;
- Advised a syndicate of lenders in relation to an additional US$71m facility provided to an oil service firm through USD$50million funded participation by an international financial institution headquartered in Cairo, Egypt, and conversion of a USD$21million bridge facility by a Nigerian financial institution;
- Advised a leading international investment bank in relation to a US$120 million Single Currency Term Facility being advanced to an indigenous firm for general corporate purposes and to refinance an existing asset finance facility;
- Advised a syndicate of commercial Banks on, prepared and reviewed the Facility Agreement, Accounts Agreement, Security Deed, Trust Deed, and Contract of Assignment in respect of the US$ 149 million (One Hundred and Forty Nine Million US Dollars) Syndicated Medium Term Loan Facility to a Nigerian Oil Service Company;
- Advised an investment bank in respect of a USD$100million term loan facility to a Nigerian financial institution as Borrower to fund the Borrowers’ trade and general financing requirements;
- Advised an independent energy group active in the trading of physical oil, oil derivatives, electricity and the development of carbon credits schemes as Mandated Lead Arranger, Agent and Security Agent in respect of US$525 Million Reserve Based Lending to a Nigerian independent E & P oil and gas company to fund its commitments under Strategic Alliance Agreements with joint venturers in certain OMLs;
- Acted for the Project Development Advisor in relation to the development of the Office Complex of a Nigerian Oil Exploration and Production Company to be developed on the Eko Atlantic City;
- Advised a commercial bank in respect of the USD$46 Million financing to an indigenous oil company;
- Advised an investment bank on the review of the Facility Agreement, Account Charge, Guarantee & Indemnity Agreement, Subordination Agreements, Letters of Carveout in respect of the USD$90 million uncommitted on-demand facility to certain oil servicing firms; and
- Advised an investment bank on and reviewing the Facility Agreements, Netting Agreement, Joint Memorandum of Liens, Promissory Note, Power of Attorney and other security documents in respect of the USD$ 55 Million and USD$ 45 million Naira equivalent Term Loan Facility to a Nigerian financial institution;