Key client experience

Banking & Finance

• Eastern and Southern African Trade and Development Bank (TDB) in connection with the USD 4,200,000 secured term facility to Sunspot Energy Kenya Limited (operating as Spark Possibilities) and supported by the USD 75,000,000 TDB SME Off-Grid Facility and USD 415,000,000 World Bank Regional Infrastructure Finance Facility (RIFF).
• Kenya Commercial Bank
• in connection with the facilities to a leading oil importer in the country. The deal value was approximately USD 150,000,000.
• Kenyan counsel to Citibank N.A. Kenya as lender in connection with the financing of KES 9,200,000,000 to the International Finance Corporation.
• Tata Group of Companies in relation to receivables financing transaction pursuant to facilities advanced by ICICI Bank Limited (DIFC Branch) to the Tata Group.
• Kenyan counsel to Cordiant Capital Inc, in relation to a receivables financing transaction to the Vee8, Inc. group including Autocheck SPV Financing Limited and Autochek Limited.
• Kenyan counsel to a consortium of lenders led by Lendable Asset Management LLC in connection with the facilities to Terra Payment Services (Mauritius). The deal value was approximately USD 300,000,000.
• Stanbic Bank Kenya Limited and The Standard Bank of South Africa Limited in relation to the real estate development and medium-term facility to Mi Vida Thika Road Limited.
• GLOBAL SOCIAL IMPACT INVESTMENTS, S.G.I.I.C., S.A in connection with a receivable financing to facility to Watu Credit Limited.
• Kenyan counsel to Greenlight Planet Kenya Limited in respect to the sale of receivables to Sun King Financing Limited through the issuance of junior notes to the Greenlight Planet Kenya Limited and senior notes to a group of syndicated lenders. The transaction was worth approximately KES 15,000,000,000.

Real Estate

• A leading mining company in connection with the
• proposed acquisition of certain property in Kenya and eventual exit from the deal. Deal value KES1.4 billion.
• Superior Homes (Kenya) PLC in connection with the acquisition of several properties in Kenya. The transactions were approximately worth KES3.5 billion.
• Leading oil importer in connection with the proposed acquisition of certain property in Mombasa. The deal was worth USD6 million.

Fintech

• A leading non-dealing online foreign exchange broker in connection with its application for a license from the Capital Markets Authority as an online-non dealing foreign exchange broker.
• MCF 2 Kenya Limited in connection with its application for a digital credit provider from the Central Bank of Kenya. The license has now been issued.
• Yellow Card Financial Inc. in connection with various regulatory matters relating to crypto currencies and various products offered by Yellow Card in Kenya, Uganda and Tanzania.
• Bill and Melinda Gates Foundation in connection with the regulation of financial services law in relation to a product that the Foundation wanted to roll out in Kenya.
• Visa Inc in connection with various regulatory matters relating to crypto currencies and financial sector regulation.