Financial Services

Experience has included advising:

• The Company for Habitat and Housing in Africa (Shelter Afrique) in a USD14.5 million secured lending to the National Housing Corporation in Tanzania, secured against the borrower’s properties;
• New Forest Company Tanzania Limited in a USD10 million secured lending transaction financed by the Finnish Fund for Industrial Cooperation Limited;
• Standard Chartered Bank Johannesburg in a USD25 million secured lending transaction to a local borrower guaranteed by its parent company;
• Macquarie Bank in USD10.6 million trade finance facility to a local underground mining service company, secured against borrower’s assets in Tanzania;
• Cooperative Rabobank in a secured USD20 million uncommitted trade finance facility to a local milling company to be secured against the financed assets and other assets shared pari passu with other lenders;
• Cooperative Rabobank in a secured USD85 million uncommitted trade finance facility to a local oil marketing company and its affiliates, secured against the financed assets;
• Export Development Canada on repatriation of its term loan facility amounts and interest from Tanzania Australian bank in a USD8.5 million lending to a local mining company, to be secured against assets in Tanzania;
• Standard Bank of South Africa Limited in a USD32 million trade finance facility transaction to the largest milling company in Tanzania and Zanzibar; and
• A syndication of lenders comprising local commercial banks and pension funds led by Stanbic Bank Tanzania Limited on the provision of a syndicated loan totaling USD250 million to the national power company TANESCO, backed by a sovereign guarantee.

• Tier 2 in Financial and Corporate (IFLR1000 2020)