GSO Partners

Structure the debt.
Finance what matters.

GSO Partners advises corporations, financial institutions and public issuers across Central and West Africa on structuring, arranging and renegotiating their financing: bonds, securitization, project finance, restructuring.

INDEPENDENT DEBT & STRUCTURED FINANCE ADVISORY
EST. LIBREVILLE | 2026
Debt capital markets
Bond issuances, public offerings, commercial paper, ratings.
Structured finance
Securitization (FCTC), sale-and-leaseback, asset finance.
Projects & infrastructure
Project finance, PPPs, export credit.
Restructuring & capital
Debt renegotiation, acquisition finance, capital opening.

Fondée à Libreville, Gabon — CEMAC & UEMOA

Debt capacity diagnostic

Before issuing, borrowing or renegotiating, we measure what your cash flows can truly sustain, at what cost, and under what structure lenders and investors will follow you.

Diagnostic deliverables

  • —Cash-flow model and sustainable debt capacity
  • —Target structure: tranches, maturities, security, covenants
  • —Indicative cost and comparison of sources — banking, market, DFI, export credit
  • —Review of documentation and regulatory bottlenecks
  • —Mapping of mobilizable lenders and investors
  • —Execution timeline
Request a diagnostic
GSO Partners

Integrated advisory, from calibrating the debt to placing it.

We do not sell a product. We build the structure your cash flows can support and the market will accept, then coordinate its execution with banks, licensed brokers and regulators.

01

Debt capital markets

Issuer advisory on bond issuances and public offerings: calibration, documentation, rating, syndicate, coordination with COSUMAF / AMF-UMOA.

  • —Corporate and sovereign issuances
  • —Public offerings and private placements
  • —Credit rating
  • —Commercial paper programs
  • —Hybrid and subordinated instruments
  • —Securities placement handled by a licensed partner broker
02

Structured finance & assets

Turning receivables, assets or contractual cash flows into financing: securitization vehicles, sale-and-leaseback, fleet and equipment finance.

  • —Securitization via FCTC
  • —Sale-and-leaseback and asset finance
  • —Trade receivables and arrears
  • —OHADA security and special purpose vehicles
  • —Export credit and guarantees
03

Projects, restructuring & capital

Financing infrastructure and supporting the moments when the balance sheet structure must change.

  • —Project finance and PPPs
  • —Debt renegotiation and rescheduling
  • —Acquisition finance
  • —Capital opening and quasi-equity
  • —Shareholder advisory

Every financing deserves a disciplined process.

The cost of debt is not just the rate. It depends on the quality of the file, the competition created among lenders, the security structure and the clauses governing the life of the credit.

IssueBonds & public offerings

Issue — Bonds & public offerings

Issuer preparation, prospectus, rating, syndicate formation, listing calendar.

Objective: the best coupon with flawless regulatory execution.
StructureSecuritization & assets

Structure — Securitization & assets

Portfolio selection, tranching, credit enhancement, vehicle, approval.

Objective: unlock liquidity without weighing down the balance sheet.
FinanceProjects & infrastructure

Finance — Projects & infrastructure

Risk allocation, bankable model, mobilization of DFIs, export credit and commercial lenders.

Objective: reach financial close.
RenegotiateRestructuring

Renegotiate — Restructuring

Diagnostic, cash-flow plan, negotiation with creditors, new documentation.

Objective: restore sustainability while preserving the company.

A disciplined execution, from first call to closing.

"Our method"

01

1. Scoping

Objectives, timeline, constraints and value assumptions.

02

2. Preparation

Diagnostic, financial model, documentation and data room.

03

3. Structuring

Tranches, security, covenants, governance and deal architecture.

04

4. Targeted process

Confidential competitive process among lenders, investors or guarantors; coordination with the placement broker.

05

5. Negotiation & closing

Term sheet, due diligence coordination, contracts and execution security.

Real mandates, across Central Africa.

Anonymized illustrations of mandates conducted or in progress.

MicrofinanceFundraising arrangement

Raising funds without diluting shareholders

SituationA COBAC-regulated institution needs to finance its growth without diluting its shareholders.
InterventionExclusive arranging mandate, calibration of FCFA 5 Bn, structuring and placement coordination.
Valeur créée :Long-term resources at market cost, balance sheet preserved.
Public sectorSecuritization of arrears

Turning receivables into liquidity

SituationSuppliers to the State hold certified but unpaid receivables.
InterventionDesign of a securitization vehicle (FCTC) converting these arrears into tradeable securities.
Valeur créée :Liquidity for suppliers, smoothed burden for the State.
TransportFleet sale-and-leaseback

Freeing up cash tied up in the fleet

SituationAn operator holds a significant fleet locked on its balance sheet.
InterventionLeaseback model, security structuring, competitive process among financiers.
Valeur créée :Cash released, fleet retained in operation.
Water & infrastructureExport credit

Financing a water project at a concessional rate

SituationA water infrastructure project is seeking long-term financing at a concessional rate.
InterventionArrangement with a European export credit agency and a commercial bank, structuring of guarantees.
Valeur créée :Access to long-term financing unavailable on the local market.
Glenn Scott Ondjika Odjele

Founder

Glenn Scott Ondjika Odjele

Founder and Managing Partner, GSO Partners

MBA in Finance (IFG). Head of Investments at Bamboo Securities, a COSUMAF-licensed management and brokerage firm. Based in Libreville, he operates between Gabon and France on bond financings, securitization and advisory to public and private issuers across the sub-region.

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Assess your next financing.

Issuance, securitization, infrastructure project, refinancing or restructuring: let's discuss the realistic structure and what it takes to execute it.