New Deals
- Acted for Foodcorp (Proprietary) Limited in respect of the issue of €390,000,000 8.75 % Senior Secured Notes due 2018.
- Acted for the Goldman Sachs International and Goldman Sachs Lending Partners LLC in respect of the issue of:
- €317,000,000 Senior Secured Notes due 2018;
- USD250,000,000 Senior Secured Notes due 2018;
by Edcon (Proprietary) Limited; and a ZAR1,500,000,000 Senior Secured Term Facility granted to Edcon (Proprietary) Limited.
-
Acted for Goldman Sachs International, Rand Merchant Bank, Absa Capital, Morgan Stanley, The Standard Bank of South Africa, and Deutsche Bank AG, Johannesburg Branch (as Arrangers and Initial Dealers) in respect of the establishment of the Edcon (Proprietary) Limited ZAR1,500,000,000 Domestic Medium Term Note and the subsequent issue of ZAR1,010,000,000 Floating Rate Notes due 4 April 2016.
- Members of the team acted for Rand Merchant Bank and The Standard Bank of South Africa in respect of funding provided to Shanduka Restaurants Company (Proprietary) Limited for the acquisition of the shares in and the business of McDonald's (South Africa) (Proprietary) Limited from McDonald’s International Property Company Limited for an undisclosed amount.
- Members of the team acted for McDonald's Corporation in respect of funding provided to Shanduka Restaurants Company (Proprietary) Limited for the acquisition of the shares in and the business of McDonald's (South Africa) (Proprietary) Limited from McDonald’s International Property Company Limited for an undisclosed amount.
- Acted for Private Pan African Infrastructure Development Fund in respect of their acquisition of Absa Bank Limited's equity in Dark Fibre Africa worth ZAR200,000,000 and in Bongwe worth USD400,000.
- Acted for the Transaction Adviser to the transaction in respect of a
USD30,000,000 credit facility provided by the IDC in favour of Agribank Zimbabwe to on-lend for IDC's agricultural projects.
- Acted for Atlas Copco South Africa (Proprietary) Limited in respect of ZAR193,400,000 BEE preference share funding from Sanlam Life Insurance Limited to Cygnimart Investment (Proprietary) Limited.
- Acted for Investec Limited in respect of a ZAR44,415,178.87 Term Loan Facility to Aergo Capital Limited for the acquisition of aircraft.
- Acted for Absa Capital Property Division, a division of Absa Bank Limited, in respect of a ZAR217,000,000 Term Loan Facility in favour of Ilanga Lifestyle Centre (Proprietary) Limited for the acquisition of a shopping centre in Nelspruit.
- Acted for Ericsson Sub-Saharan Africa (Proprietary) Limited in respect of a ZAR400,000,000 Bridge Finance Facility to Citiconnect to fund its obligations for the provision of a broadband network to the City of Johannesburg Municipality.
- Acted for Langcarel (Proprietary) Limited, a subsidiary of Coal of Africa Limited in the respect of a USD50,000,000 Revolving Credit Facility provided by Deutsche Bank AG, Amsterdam Branch.
- Acted for The Standard Bank of South Africa in respect of a USD60,000,000 Senior Revolving Credit Facility with Gold Fields Ghana Limited and Ghana Arosso Limited.
- Acted for Calgro M3 Developments (“Calgro”) and Nedbank Capital, a division of Nedbank Limited in respect of the issue of ZAR5,000,000 Floating Rate Notes due 18 February 2013 under Calgro’s ZAR300,000,000 Debt Programme.
- Acted for Barloworld Limited (“Barloworld”) and Nedbank Capital, a division of Nedbank Limited in respect of the issue of ZAR400,000,000 Zero Coupon Note due 18 May 2011 under Barloworld’s ZAR10,000,000,000 Domestic Medium Term Note and Commercial Paper Programme.
- Acted for Barloworld Limited and Nedbank Capital, a division of Nedbank Limited in respect of the issue of ZAR200,000,000 Zero Coupon Note due 14 June 2011 under Barloworld's ZAR10,000,000,000 Domestic Medium Term Note and Commercial Paper Programme
- Acted for Toyota Financial Services (South Africa) (Proprietary) Limited (“Toyota”) and Rand Merchant Bank, a division of FirstRand Bank Limited in respect of the issue of ZAR439,000,000 Zero Coupon Note due 10 June 2011 under Toyota’s ZAR5,000,000,000 Domestic Medium Term Note Programme
- Acted for the City of Johannesburg Metropolitan Municipality (“CoJ”), The Standard Bank of South Africa Limited, and Basis Point Capital (Proprietary) Limited in respect of the issue of ZAR850,000,000 10.78% Fixed Rate Notes due 23 March 2021 under its ZAR13,000,000,000 Domestic Medium Term Note Programme by CoJ.
|
|
