Hard-currency facilities at rates significantly below regional benchmarks, structured to meet institutional standards and fiscal governance requirements.
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Sovereign and public-sector borrowers in West and Central Africa routinely face Eurobond yields of 12% per annum and above. Bilateral and syndicated sovereign facilities are often priced higher still once fees and hedging costs are factored in.
Frontier's capital network provides hard-currency facilities at indicative rates of reference rate + 150–350bps, subject to sovereign credit profile, tenor, and availability of credit enhancement. That spread, compounded over the life of a 10-year facility, represents a substantial saving against any regional alternative.
We structure in hard currency (EUR/USD) and can explore local-currency tranches where market conditions permit. All rates are confirmed at term sheet stage following credit assessment and credit committee approval.
On a typical 10-year sovereign facility, the difference between a regional Eurobond at 10.50% and a Frontier-structured facility at reference rate + 200–300bps compounds to a substantial reduction in total debt service, often saving the borrower more than a third of total cost, even after all arrangement and advisory fees are included.
We prepare a detailed, transaction-specific cost comparison as part of every engagement, modelling your actual facility size, tenor, grace period, and credit enhancement structure against the best available regional alternative. This analysis is shared during the engagement phase so your Ministry of Finance can evaluate the economics before any commitment.
Frontier manages the full financing process from pre-qualification through to disbursement. The typical timeline from mandate to first tranche is 10–16 weeks, depending on documentation readiness and the approvals required in your jurisdiction. Every stage produces a tangible deliverable. Frontier's fee is milestone-based and no payment is due until tangible work product has been delivered.
Think of this as a readiness checklist, not a barrier to entry. Where documentation gaps exist, Frontier coordinates production with Big-4 advisory firms and specialist legal counsel.
To move a transaction forward, we require a signed mandate from the Ministry of Finance or authorised delegate, a project brief or term of reference describing the use of proceeds, access to fiscal accounts and documentation including the last three fiscal years of audited government accounts, and designated counterparties at the ministerial and technical levels.
For project-backed facilities, we also require a feasibility study (technical, financial, and economic), a financial model covering 10–15 years, and an environmental and social impact assessment where applicable.
Send your project teaser, development brief, or term of reference and we will revert within five business days.
funding@frontiercf.com