Blue Financial Services Limited has converted US$52 million of debt to equity
Blue Financial Services Limited (Blue) has complete the restructuring of the company via a debt to acquisition conversion, converting US$52 million of debt to equity.
Blue Financial Services Limited is a pan-African micro-financier headquartered in South Africa with operations in several African countries. It focuses primarily on providing ethical, innovative and affordable credit solutions to people in Africa.
Oaklins' team in South Africa advised Blue on its debt restructuring.


Talk to the deal team
Related deals
Generali has expanded its footprint in Bulgaria by acquiring one of the top health insurers on the market
Doverie United Holding has successfully completed the sale of United Health Insurance Fund Doverie (Doverie) to Generali CEE Holding.
Learn moreMicrofinanciera Fundeser has been sold to Grupo Financiero Atlántida
Incofin has successfully exited its investment in Microfinanciera Fundeser in Nicaragua through two of its funds: Rural Impulse Fund II (RIF II) and agRIF. It has sold 100% of its stake in Microfinanciera Fundeser to Grupo Financiero Atlántida through its subsidiary, Inversiones Tres Lagos.
Learn moredoValue has finalized a rights issue
doValue has successfully completed a rights issue. The capital increase was implemented to finance doValue’s acquisition of Gardant.
Learn more