Kuda joined Cliffe Dekker Hofmeyr as a Candidate Attorney in 2017 during which time she gained experience in our Dispute Resolution, Corporate & Commercial, and Finance & Banking practice areas. She was appointed an Associate in our Finance & Banking practice in 2019. Kuda was appointed Senior Associate in 2022.

Kuda's experience includes –

 

  • A variety of funding transactions comprising equity funding (including preference share funding), project finance and debt finance, acting for borrowers, project sponsors and lenders (including development finance institutions, banks and private equity funds).
  • Advising on aspects of finance including funding structures, risks and security arrangements.
  • Drafting, reviewing and negotiating various commercial and financing agreements together with ancillary documents, including among others, memoranda of incorporation, shareholders' agreements, sale of shares agreements, sale of business agreements, ordinary and preference share subscription agreements, facility agreements, account bank agreements and various security documents;.
  • Conducting legal due diligence investigations, drafting and providing clients with due diligence reports in respect of prospective projects and funding transactions.
  • Conducting legal research on various aspects of the law and providing clients with legal opinions thereon, including legal opinions capacity and authority opinions and legality, validity and enforceability opinions.
  • Drafting various company secretarial documentation pertaining to the incorporation of companies, changes to the boards of companies and other aspects of corporate governance, including board and committee charters and the ancillary CIPC forms, securities transfer forms, share certificates, shareholder resolutions (both special and ordinary) and board resolutions, including resolutions.

Recent transactions 

  • Assisted in advising Mediclinic's Southern Africa division in relation to a refinance transaction in terms of which Mediclinic secured a R8.45 billion sustainability linked loan.
  • Assisted in advising RH Managers Proprietary Limited in relation to the approximately R80.9 million acquisition of equity and provision of shareholder funding in Benchmark Group Proprietary Limited.
  • Assisted in advising Firstrand Bank Limited acting through its Rand Merchant Bank Division in relation to the general banking facility and working capital facility made available to PG Group Proprietary Limited in the aggregate amount of approximately R835 million.
  • Assisted in advising Futuregrowth Asset Management Proprietary Limited in relation to the provision of a project finance senior term loan facility in the amount of R83 million to Harvestfresh Farms Proprietary Limited.
  • Assisted in advising Futuregrowth Asset Management Proprietary Limited in relation to the provision of a senior term loan facility in the amount of R150 million facility to African Port Logistics and Infrastructure Proprietary Limited.
  • Assisted in advising Busamed Proprietary Limited in relation to the debt restructuring and term loan facility provided by The Standard Bank of South Africa and Futuregrowth Asset Management Proprietary Limited in the aggregate amount of approximately R677 million.
  • Assisted in advising Busamed Proprietary Limited in relation to the COVID-19 relief facility provided by The Standard Bank of South Africa in the aggregate amount of approximately R100 million.
  • Assisted in advising Royal Buffalo Medical Group Proprietary Limited and its affiliates in relation to the approximately R340 million project funding provided by the Development Bank of Southern Africa of the 150 bed Royal Buffalo Medical Group Private Hospital.
  • Assisted in advising Alitheia IDF Fund LP acting through its affiliate IDF Capital Proprietary Limited in relation to the proposed acquisition of equity in Kitting and Allied Services Proprietary Limited for an amount of US$5 million.
  • Assisted in advising RH Managers Proprietary Limited in relation to the approximately R53.5 million acquisition of shareholding in Raslouw Private Hospital Proprietary Limited (the operating company) and Raslouw Propco Proprietary Limited (the property company) in relation to the 100 bed Raslouw Private Hospital which comprises a day hospital and an acute hospital.

Education

  • Bachelor of Laws (LLB) – University of the Witwatersrand (Dean's list merit award 2013 - 2016)
  • Master of Laws (LLM) Commercial and Business Law – University of the Witwatersrand
  • Admitted attorney (year of admission: 2019)
  • Registered with the Legal Practice Council

Memberships

  • Golden Key International Honour Society since 2013