Corporate Finance and Structuring

Corporate Finance and Structuring

We offer an array of capabilities to support investment decision-making, backed by deep expertise across diverse industry sectors. We help clients during the valuation, structuring and execution phases of securitisation, reinsurance and other structured finance transactions.

In instances of severe financial distress, we have also seen a scramble to shore up cash, restructure balance sheets and renegotiate financing terms. With strategic attention to what is core and what is not, we have also seen various role players disposing of assets, especially in Africa and other developing markets.

Our department has the capabilities to assist clients in all their restructuring and insolvency matters and support their associated investment decision-making.

Major publishable transactions

  • Acting for Impala Platinum in respect of preference share mechanism structures to be made available as part of the black economic empowerment (BEE) transaction announced by them following their acquisition of Royal Bafokeng Platinum, whereunder a consortium will acquire a five percent interest in two operations.
  • Acting for Messrs Bouwer and Lewis in an agreement that was concluded with TC Group Holdings Limited relating to a sale of 51% of shares in Chartered Solutions Limited.
  • Advised Aveng in relation to the final restructuring of their finance facilities originally put in place when the group experienced financial distress and the eventual cancellation of such facilities.
  • Advised Impala Platinum Holdings Limited (Implats) on a series of agreements to implement a meaningful 13% broad-based black economic empowerment (B-BBEE) transaction at both its Impala Rustenburg and Impala Bafokeng assets. Equity ownership will be via an employee share ownership trust, a community share ownership trust and a strategic empowerment consortium. The three components of the transaction will be facilitated through loans provided by Impala and IBR, with dividend flow used to service interest and capital repayments.
  • Advised Southern Point Resources in respect of a secured production financing facility made available to Bushveld Vanchem, a member of the Bushveld Minerals group.
  • Advising EFT Corporation Limited on an amended and restated share sale agreement with Ukheshe International Limited.