ABSA Group Limited Woolworths Financial Services (Pty) Ltd

We assisted ABSA to obtain approval for a large merger in which a joint venture was formed between Absa Group Limited, one of South Africa’s largest banks and Woolworths (Pty) Limited, a prominent food and clothing retailer.

Alstom Private Equity Transaction

We obtained clearance for the acquisition of electrical engineering group Alstom by a consortium of private equity investors (Actis, Old Mutual Private Equity, Kagiso and Tiso).

Toyota Financial Services (South Africa) (Proprietary) Limited

Acted for Toyota Financial Services (South Africa) (Proprietary) Limited, the issuer, in connection with the Toyota Financial Services (South Africa) (Proprietary) Limited ZAR3 billion (US$405 million) domestic medium term note programme and the issue of ZAR500 000 000 unsecured floating rate notes under the programme.

The Standard Bank of South Africa Limited (DaimlerChrysler)

Advised The Standard Bank of South Africa Limited as Arrangers of a ZAR2 billion bond issue for DaimlerChrysler South Africa (Proprietary) Limited.

The Standard of South Africa Limited (Woolworths)

Acted as legal advisors to The Standard Bank of South Africa Limited in connection with a ZAR1 billion facility provided to Woolworths.

The Standard Bank of South Africa Limited (Mondi Limited)

Acted as legal advisors to The Standard Bank of South Africa Limited in connection with a ZAR2 billion facility provided to Mondi Limited in connection with the listing of Mondi Limited and Mondi Plc.

The Standard Bank of South Africa Limited and Standard Bank Plc

Advised Standard Bank Plc and The Standard Bank of South Africa Limited in the funding of the construction of a solvent extraction and electrowinning plant in the Democratic Republic of Congo, for Ruashi Mining sprl, valued at US$170 million.

Savcio Holdings (Proprietary) Limited

Acting for Savcio Holdings (Proprietary) Limited, the issuer, in connection with the Savcio Holdings (Proprietary) Limited issue of €125 000 000 8% senior unsecured notes, one of the first international issues of this nature by a South African issuer.

Rand Merchant Bank, a division of Firstrand Bank Limited (Unitrans)

Advised Rand Merchant Bank as Arranger of a ZAR1.5 billion Domestic Medium Term Note Programme established for Unitrans and in respect of the first issue of ZAR400 million under that Programme.

Rand Merchant Bank, a division of Firstrand Bank Limited (On the Cards Limited)

Advised Rand Merchant Bank (as Arrangers) in relation to the issue of various tranches of Notes by On the Cards Limited (a securitisation vehicle established for Edcon Limited), valued at ZAR2.77 billion.