Contact

Our finance & banking team is advised Harmony Gold in a US$200 million equity take out bridge loan facility, from a syndicate of banks

Back to top

Our finance & banking team is advised Harmony Gold in a US$200 million equity take out bridge loan facility, from a syndicate of banks

Cliffe Dekker Hofmeyr is representing Harmony Gold, the third-largest gold mining company in South Africa and the 12th largest world-wide.

1 Jun 2018 1 min read Featured work

Our finance and banking team is advised Harmony Gold in a US$200 million equity take out bridge loan facility, from a syndicate of banks. The facility will be utilised to fund part of the acquisition of the Moab Khotsong and Great Noligwa Mines from Anglo Gold Ashanti. Our team led work on a range of complex intercreditor issues and handled tough negotiations between the global and local syndicate lenders.

You might also be interested in

27 Sep 2024

by Gretchen Barkhuizen-Barbosa and Emily West

Emily sits down with Gretchen to discuss a critical yet often overlooked topic: Estate planning for women-owned businesses in SA

Join Trusts & Estates practice Director, Emily West as she sits down with Practice Head, Gretchen Barkhuizen-Barbosa to discuss a critical yet often overlooked topic: Estate Planning for Women-Owned Businesses in South Africa.

Trusts & Estates Law

14:19 Minutes

21 Jan 2025

The department of employment and labour workplace inspection process

Labour Inspectors (Inspectors), appointed and empowered under Chapter 10 of the Basic Conditions of Employment Act, 75 of 1997 (BCEA), have the duty to ensure compliance with our various labour legislations.

1 min read

1 Aug 2024

Understanding the FATF grey listing: criteria and consequences

Watch the recording of the JILB seminar addressing the Financial Action Task Force (FATF) grey listing of South Africa.

1:49:24 Minutes

12 Feb 2025

by Shameegh Allen and Muzammil Ahmed

Ratchets: The most important anti-dilution tool in your investment toolbox

Venture capital and private equity investors’ strategy is to find companies, invest early and grow their investments as the investee company grows. However, this investment strategy is risky, because new, untested companies often struggle as they venture into the unknown. This frequently results in these companies raising additional funding down the line. One way for investors to protect their investment is through “ anti-dilution ” provisions, which aim to prevent investors from excessive dilution in future funding rounds and particularly in instances where fresh shares are issued at a lower price than the subscription price paid by existing investors, commonly known as a ‘down round’.

Corporate & Commercial Law

4 min read

13 Mar 2025

by Jackwell Feris, Alistair Young, Tsele Moloi and Anneri Du Preez

Big boost for a South African green hydrogen economy as new tools released

On 17 February 2025 two key environmental planning tools were published with the aim of guiding and supporting the responsible development of green hydrogen projects which will play an important role in South Africa’s commitment to achieving a Just Energy Transition by replacing the use of fossil fuels in the fertilizer industry and in other hard-to-abate industries such as the heavy mobility, steel and cement industries.

Industrials, Manufacturing & Trade

6 min read

30 May 2024

by Katekani Mashamba

All systems go for the Public Procurement Bill, but is SA ready?

Katekani Mashamba, senior associate in the Dispute Resolution practice joined Noluthando Mthonti-Mlambo and Zinathi Gquma on Business Day TV where she talked about It’s all systems go for the Public Procurement Bill, but is SA ready?

Dispute Resolution

07:59 Minutes

This website uses cookies to enhance the browsing experience. For more information, please see our Cookie Policy.

Accept Decline