Nigeria’s Dunn Loren Merrifield Wins Best Investment Bank at 2014 IFM Awards

    Dunn Loren Merrifield won the award for Best Investment Bank, Nigeria at the 2014 edition of the IFM International Financial Awards. The award is part of the first 14 awards recently announced by IFM on their website. Dunn Loren Merrifield emerged winner in the category after a rigorous panel screening decided that they met all the criteria including ‘Market share’, ‘Number and size of deals’, ‘Service and advice’, ‘Structuring capabilities’, ‘Efforts to address market conditions’ and a few other parameters. ‘This is an increasing recognition of the work our firm is doing in the development of our financial sector,’ founder of Dunn Loren Merrifield, Sonnie Ayere, said after the award announcement. Dunn Loren Merrifield commenced operation in 2009 and was the firm that structured the first ‘AAA’ rated corporate bond listed on the Nigerian Stock Exchange, independently advised on the first sub- sovereign debt restructuring transaction in Nigeria. In 201,2 it was appointed by the Federal Ministry of Finance as advisers to set up the Nigeria Mortgage Refinance Company (NMRC) which was officially launched by President Goodluck Jonathan on January 16, 2014. The financial award plaque will be presented to Dunn Loren Merrified at a ceremony during the Investments in Nigeria Summit in Lagos later this year.