Our Finance & Banking lawyers

are adept at managing the legal aspects of complex deals and projects.

Impactful Matters

The practice’s uniqueness is its wealth of knowledge and experience. The team has proven time and time again that they are experts in the field.

Legal 500 EMEA 2020

We find that the firm consistently offers top tier quality legal advice, is commercially minded, quick to turn agreements and offer competitive rates.

Legal 500 EMEA 2020

“The firm is knowledgeable and customer centred.” Capital markets: Debt

IFLR1000 2020

“The firm has a highly experienced team in debt funding and they are excellent drafters of agreements.” Capital markets: Structured finance and securitisation

IFLR1000 2020

Clients highlight that the team is "extremely commercial, client-centric and efficient, while also providing sound advice which is always in our best interest."

Chambers Global 2020

Finance & Banking

Our finance and banking advice and services cover:

  • Debt capital markets.
  • Project finance.
  • Public-private partnerships.
  • Commodity trade finance.
  • Acquisition finance.
  • General banking and investment structures.
  • Pensions and employee benefits.
  • Lending arrangements.
  • Compliance.
  • Advised Sun International on the ZAR9 billion refinancing of all of Sun International Group’s senior debt, working capital and short-term facilities (including transactional banking) and redeemable preference share facilities with a group of six South African banks.
  • Advised Harmony Gold Mining Company, the third-largest gold mining company in South Africa on ZAR9,5 billion term and revolving credit facilities.
  • Advised the Development Bank of Southern Africa Limited in their USD300 million loan facility provided to the New Development Bank, subject to English law.
  • Acted for Nduna Maritime in relation to its USD26,5 million 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.
  • Advised the PIC in its capacity as PIK Note Lender and shareholder in the reorganisation of the share and debt capital structure of Afrisam Group Pty Ltd, transaction value of over R5 billion.
  • Advised the PIC in relation to its equity and debt investment in Grocapital Bank Limited formerly known as Bank of Athens, transaction value R1 billion.
  • Acted for Portuguese bank Caixa Geral de Depositós (CGD) in respect of the disposal of their entire stake in Mercantile Bank Holdings Limited to Capitec Bank Limited for ZAR3.56 billion, as part of CGD's re-capitalisation plan. CGD is the second largest bank in Portugal. CDH drafted and reviewed the regulatory applications and notices to the Minister of Finance, Prudential Authority, Financial Sector Conduct Authority and Financial Surveillance Department of the South African Reserve Bank and provided ancillary regulatory advice in respect of the transaction. This deal represented the most significant bank take-over in South Africa in 2019.
  • Advised Nedbank Group Limited (as Issuer) and Nedbank Limited (as Dealer) in relation to the issue, on 22 November 2019, of ZAR1,000,000,000 Subordinated Floating Rate Notes (the proceeds of which qualify as "additional tier 1 capital" under the Banks Act, 1990) (listed on the Interest Rate Market of the JSE) under the Nedbank Group Limited ZAR25,000,000,000 Domestic Medium Term Note Programme.

Practice Area Rankings

  • Chambers Global 2013–2020 ranked our Finance & Banking practice in Band 1 for capital markets: equity and Band 2 for capital markets: debt.
  • Chambers Global 2017–2020 ranked our practice in Band 2 for banking & finance.
  • Chambers Global 2016  ranked our practice in Band 3 for banking & finance.
  • The Legal 500 EMEA 2009–2020 recommended our practice in Tier 2 for banking & finance.
  • IFLR1000 2016–2020 ranked our practice in Tier 2 for banking and project finance.
  • IFLR1000 2014–2020 ranked our practice in Tier 2 for capital markets.

Ranked Practitioners

  • Deon Wilken is the National Practice Head of the Finance & Banking team. Chambers Global 2020 ranked him in Band 4 for banking & finance. Chambers Global 2014–2019 ranked him in Band 3 for banking & finance. The Legal 500 EMEA 2013–2020 recommended him for banking and finance. IFLR1000 2018 - 2020 recommended Deon as a highly regarded lawyer for capital markets: debt, energy and infrastructure and for project finance. IFLR1000 2014–2015 and 2017 recommended him for capital markets: debt, energy and infrastructure and for project finance.

  • Chambers Global 2017–2020 ranked Bridget King in Band 2 for banking & finance: regulatory and she was ranked Band 2 for Fintech. The Legal 500 EMEA 2017 –2020 recommended her for banking and finance.

  • Chambers Global 2017–2020 ranked Jacqueline King in Band 2 for capital markets: debt. Chambers Global 2016 ranked Jacqueline in Band 3 for capital markets: debt. The Legal 500 EMEA 2012–2014 recommended her for banking and finance.  IFLR1000 2018 - 2020 recommended her as a highly regarded lawyer for capital markets: debt. IFLR1000 2012–2015 recommended Jacqueline as a leading lawyer for capital markets: debt and banking and finance and she was recommended in 2017 for capital markets: debt. Who’s Who Legal 2017 identified her as a leading capital markets lawyer. Who’s Who Legal 2012 and 2014 identified Jacqueline as a leading lawyer for banking and in 2014 The International Who’s Who of Business Lawyers identified her as a leading lawyer in capital markets.

  • The Legal 500 EMEA 2018 recommended Mashudu Mphafudi for banking and finance. Who’s Who Legal 2013 identified him as a leading lawyer for project finance. IFLR1000 2020 ranked Mashudu as a highly regarded leading lawyer for banking, capital markets: debt and project finance. IFLR1000 2018 recommended Mashudu as a "rising star" for banking, capital markets: debt and project finance.

  • Chambers Global 2016–2020 ranked Pierre Swart in Band 3 for capital markets: debt. The Legal 500 EMEA 2017–2020 recommended him for banking and finance.
  • Chambers Global 2016–2020 ranked Jenni Darling as up and coming for banking and finance. The Legal 500 EMEA 2020 recommended Jenni for banking and finance.

  • Chambers Global 2012–2020 ranked Ludwig Smith in Band 1 for banking and finance and in Band 3 for tax. Legal 500 EMEA 2017-2020 listed Ludwig as a 'leading individual' for banking and finance and recommended him for tax. In 2013–2015 he was recommended for banking and finance, and tax. Who's Who Legal 2017 identified Ludwig as a leading lawyer in Banking: Regulatory. Who’s Who Legal 2011 identified Ludwig as a leading lawyer in Banking: Finance and Corporate Tax: Advisory. Ludwig Smith has been named a leading lawyer by Who's Who Legal: Corporate Tax – Advisory for 2017 and 2018. Ludwig Smith was named one of the world’s leading Banking lawyers by Who’s Who Legal: Banking 2018.

  • Stephen Boikanyo was awarded 2016 Finalist Certificate of Excellence in the category of Investment Banking: Corporate Finance Lawyer of the Year-13th Annual Financial Services Sector ABSIP awards. Stephen was ranked as a leading lawyer by Who's Who Legal: Aviation – Finance 2019. Stephen has named one of the world's leading Aviation lawyers by Who’s Who Legal: Aviation 2018