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Banking

Itezhi Tezhi Hydro Power Project: Local advisor to the consortium of lenders on a USD 142 million project financing of the 120MW Build Own Operate and Transfer (“BOOT”) Itezhi Tezhi Hydro Power and Transmission Line project.

 

Nedbank Bank: Advisor to Nedbank Bank, South Africa’s fourth-largest bank measured by assets, in relation to a USD45,540,950 commercial term loan facility agreement entered with the Government of the Republic of Zambia, acting through the Minister of Finance of the Republic of Zambia for financing of the design and construction of 3 district hospitals and 108 health centres in Zambia. The transaction is the first of the USD370 Million project awarded to the British firm, NMS Infrastructure Limited by the Government acting through the Ministry of Health.

 

Standard Bank of South Africa: Advisor to Standard Bank in relation to the USD 57 million acquisitions financing to African Land for the acquisition of Manda Hill Mall.

 

African Development Bank (AfDB): Advisor to African Development Bank (AfDB), a multilateral development finance institution headquartered in Abidjan Ivory Coast, on the provision of USD 25 million and ZMW 248,535,000 (USD 26,947.4394) lines of credit to the Development Bank of Zambia (DBZ).

 

The Currency Exchange Fund NV: Advisor to The Currency Exchange Fund NV on the enforceability of a cross-currency interest rate swap transaction entered with Focus Financial Services Limited. In this instruction, Corpus provided a comprehensive opinion on the enforceability of the netting provisions of the International Swaps and Derivatives Association (ISDA) as well as its general enforceability in Zambia.

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Date:

September 25, 2021

Skills Used

Strategic Observation, Fieldwork, Market Research

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