Notable Deals E.S.L.A. In August 2017, Fidelity Bank was appointed as Joint Lead Manager (with Standard Chartered Bank) for the GHC 10 Billion ESLA Bonds in which we structured and issued Cedi-denominated medium to long-term amortizing bonds on the back of Energy Sector Levies Act (ESLA) receivables assigned to an SPV. The first of its kind in the sub-region from a structure and size point of view. So far we have issued a total of GHS 5.39million for both the 7 and 10-year tenors. Local Book Runner The Government of Ghana later appointed Fidelity Bank in January 2018 as a Joint Book runner for its Medium to Long-term GHS bonds. Our focus is to deepen local market participation by the use of technology and better pricing. As part of our role as a JBR, we continue to assist the Government to raise funds on the primary market and also maintain an active secondary market for its securities As of May 2018, we had assisted the Government to successfully issue three bonds which were hugely oversubscribed. Eurobond In March this year, Fidelity Bank was confirmed a Co-Manager for Ghana Sovereign Bonds. With the other Managers, including BAML, Citi, SCB, JPM, we issued US$2 Billion worth of bonds for tenors 10 years and 30 years. As part of our role, we were instrumental in organizing due diligence meetings, collating and reviewing of critical disclosures for the prospectus It is also the largest Eurobond ever raised by Ghana which was 4 times over-subscribed
