Preshan began her career as a Candidate Attorney at Hofmeyr Herbstein & Gihwala (now Cliffe Dekker Hofmeyr) in 2007. She was appointed as an Associate in 2009 and promoted to Senior Associate in January 2011. Preshan was promoted to Director in 2015.

  • Acted for Nduna Maritime Proprietary Limited in relation to its US$ 26 500 000 acquisition finance obtained from the Sasol Siyakha Trust, for purposes of acquiring the first 100% South African owned and 100% black-owned chemical tanker vessel, which was flagged in Norway and involved cross border jurisdictions: South Africa, Norway and the United Kingdom.
  • Co-leading a syndicated project finance transaction, as lenders legal counsel, in relation to the development of a Coal Mine in Limpopo, with a deal value in excess of ZAR 3 billion.
  • Acted for Broadband Infraco SOC Limited in relation to a R580 million senior debt facility raised from Development Bank of Southern Africa Limited.
  • Acted for Public Investment Corporation SOC Limited in relation to its R178 million senior CPI facility made available to Phakwe Power One (RF) Proprietary Limited.
  • Acting for RH Managers Proprietary Limited in relation to the acquisition and funding of the following private hospitals: (i) Barberton Mediclinic Private Hospital, (ii) Abaqulusi Private Hospital, (iii) Atteridgeville Private Hospital, (iv) Bluedowns Private Hospital, (v) Cosmo City Private Hospital, (vi) Royal Buffalo Private Hospital.
  • Acting as local lender counsel in relation to the multicurrency revolving facility made available by a syndicate of lenders to Traxys.
  • Acted for Entabeni Brakfontein in relation to a R60 million preference share facility made available to it by the Industrial Development Corporation of South Africa Limited.
  • Acted for the Development Bank of Southern Africa Limited in relation to the BEE financing of the 140MW Roggeveld Wind Power Project in the region of R130 million.
  • Acted for the Development Bank of Southern Africa Limited in relation to the BEE financing of the 102 MW Copperton Wind Power Project in the region of R165 million.
  • Acting for the Development Bank of Southern Africa Limited in relation to the BEE financing of the Scatec Solar Projects (Sirius, Dyason's Klip 1 and Dyasons Klip 2) in the region of R326 million.
  • Assisted in advising Development Bank of Southern Africa Limited in relation to the (i) Mainstream Round 3 Project for the senior facility investment in the region of R350 million, (ii) the Kathu Round 4 Project for the senior facility investment in the region of R120 million and (iii) Jasper Round 2 Project for the senior facility investment in the region of R800 million.
  • Acted for Development Bank of Southern Africa Limited in respect of its restructured loan facility in relation to the David Livingstone Safari Lodge and Spa (Zambia).
  • Assisted in advising Public Investment Corporation SOC Limited in relation to the equity and debt investment in Banzi Trade 17 Proprietary Limited, Sub-Saharan Industrial Holdings Proprietary Limited and Surtees Group Holdings Proprietary Limited, with a deal value of R491 million.
  • Acting for Public Investment Corporation SOC Limited in the restructuring of LA Crushers Proprietary Limited, with a deal value of R113 million.
  • Assisted in advising Public Investment Corporation SOC Limited in respect of its senior and preference share funding in LA Crushers Proprietary Limited.
  • Acted for RH Managers Proprietary Limited in relation to its equity investment of R108 million into Edenvision Medical Holdings Proprietary Limited.
  • Acted for Edenvision Medical Holdings Proprietary Limited in the aggregate amount of over R303 million project finance provided by Standard Bank of South Africa and the Public Investment Corporation SOC Limited in relation to the Eden Gardens Private Hospital.
  • Assisted in advising Busamed Proprietary Limited in the aggregate amount of over R1,2 billion project finance provided by Standard Bank of South Africa, Futuregrowth and the Public Investment Corporation SOC Limited in relation to the following facilities: Busamed Modderfontein Private Hospital, Busamed Paardevlei Private Hospital, Busamed Harrismith Private Hospital and the Busamed Bram Fischer International Airport Private Hospital.
  • Assisted in advising Busamed Proprietary Limited in relation to the project finance acquisition by Busamed of the Gateway Private Hospital and the Hillcrest Private Hospitals.
  • Acted for Tyre Energy Extraction in its debt funding provided by Barak Fund Management.
  • Assisted in advising and drafting the transaction agreements on behalf of the Industrial Development Corporation of South Africa Limited in respect of the equity investment of R460million directly into Hippo Mining Ventures and indirectly in Wesizwe Platinum Mining.
  • Assisted in advising and drafting equity finance and security documents relating to the Foskor BEE mining transaction on behalf of the Industrial Development Corporation of South Africa Limited.
  • Assisted in advising Transnet Limited on the implementation of its branch line strategy pertaining to the proposed concession of the operation of the branch lines to private operators.
  • IFLR1000 2018 - 2020 lists Preshan as a leading lawyer (rising star) for banking and project finance.

Education

  • LLB LLM (Banking Law), University of Johannesburg
  • LLB, University of Johannesburg
  • Year of admission as an attorney: 2009
  • Enrolled with the Legal Practice Council