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Pride Jani

Partner | Johannesburg

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Contact

T: +27 11 669 9515

Overview

Pride specialises in debt and preference share finance transactions across a variety of sectors and is recognised by the Legal 500 as a ‘Next Generation Partner’ in banking and finance.

He is a skilled negotiator with considerable experienced in drafting and negotiating the documentation underpinning finance transactions and is a trusted adviser to his clients. He is actively involved in helping develop the next generation of lawyers through his mentorship of junior lawyers in different stages of their careers at various firms.

Experience

Jurisdictions in which transactions worked on: South Africa, Zambia, Namibia, Botswana, Mauritius, Kenya, Ethiopia, Nigeria, UAE, Tanzania, Malawi, Jersey, Ghana & Turks and Caicos Islands.

*experience prior to joining Bowmans.

  • Advised a major South African bank in relation to funding to a holding company incorporated in the Turks and Caicos Islands and its subsidiary in Tanzania in an aggregate amount of USD 40 million for purposes of funding the growth strategy of the group. *
  • Advised a major international bank in relation to a sustainability linked loan facility made available to a South African subsidiary of a major renewable energy developer in an amount of ZAR 1,430,000,000 for purposes of funding the development, financing, construction, commissioning, ownership, operation, and maintenance of 100MW contracted capacity concentrated solar power plant. *
  • Advising a major South African bank in relation to an English law governed revolving credit facility made available to a Jersey based food products manufacturer in an amount of USD 30 million for the purposes of funding the refinancing of existing facilities and general corporate purposes. *
  • Advising a major South African bank in relation to a term loan facility made available to a South African hospitality company in an amount of ZAR 394,250,000 for the purposes of funding capital expenditure in respect of an iconic South African hotel. *
  • Advising a major South African bank in relation to an English law governed bridge loan facility made available to a Mauritian hospitality group in an amount of USD 13.5 million for the purposes of funding the acquisition of a hotel in Nigeria. *
  • Advising one of Africa’s largest glass manufacturers in relation to facilities made available to it by four South African banks in an aggregate amount of ZAR 9,250,000,000 for purposes of refinancing existing indebtedness and funding the group’s capital expenditure and general corporate purposes. *
  • Advising a major pan-African mobility solutions group in relation to facilities made available to it by major South African banks in an aggregate amount in excess of ZAR 6 billion for the purposes of funding the acquisition and maintenance of vehicles to be used in the group’s business.*
  • Advising a major South African hospitality group in relation to debt and preference share facilities made available to it by major South African banks in an aggregate amount of ZAR 4,320,000,000 for the purposes of refinancing existing debt and preference share facilities. *
  • Advising a major South African bank and its subsidiary in Namibia in relation to Namibian law governed facilities made available to a major diamond mining company in Namibia in an amount of NAD 500 million for the purposes of funding the acquisition of plant and equipment. *
  • Advising two major South African banks in relation to sustainability linked term and revolving credit facilities made available to a major South African gold mining group in an aggregate amount of ZAR 2.3 billion for the purposes of refinancing existing facilities and funding capital expenditure in respect of a new tailings facility.*

AREA OF EXPERTISE

Overview

Pride specialises in debt and preference share finance transactions across a variety of sectors and is recognised by the Legal 500 as a ‘Next Generation Partner’ in banking and finance.

He is a skilled negotiator with considerable experienced in drafting and negotiating the documentation underpinning finance transactions and is a trusted adviser to his clients. He is actively involved in helping develop the next generation of lawyers through his mentorship of junior lawyers in different stages of their careers at various firms.

Experience

Jurisdictions in which transactions worked on: South Africa, Zambia, Namibia, Botswana, Mauritius, Kenya, Ethiopia, Nigeria, UAE, Tanzania, Malawi, Jersey, Ghana & Turks and Caicos Islands.

*experience prior to joining Bowmans.

  • Advised a major South African bank in relation to funding to a holding company incorporated in the Turks and Caicos Islands and its subsidiary in Tanzania in an aggregate amount of USD 40 million for purposes of funding the growth strategy of the group. *
  • Advised a major international bank in relation to a sustainability linked loan facility made available to a South African subsidiary of a major renewable energy developer in an amount of ZAR 1,430,000,000 for purposes of funding the development, financing, construction, commissioning, ownership, operation, and maintenance of 100MW contracted capacity concentrated solar power plant. *
  • Advising a major South African bank in relation to an English law governed revolving credit facility made available to a Jersey based food products manufacturer in an amount of USD 30 million for the purposes of funding the refinancing of existing facilities and general corporate purposes. *
  • Advising a major South African bank in relation to a term loan facility made available to a South African hospitality company in an amount of ZAR 394,250,000 for the purposes of funding capital expenditure in respect of an iconic South African hotel. *
  • Advising a major South African bank in relation to an English law governed bridge loan facility made available to a Mauritian hospitality group in an amount of USD 13.5 million for the purposes of funding the acquisition of a hotel in Nigeria. *
  • Advising one of Africa’s largest glass manufacturers in relation to facilities made available to it by four South African banks in an aggregate amount of ZAR 9,250,000,000 for purposes of refinancing existing indebtedness and funding the group’s capital expenditure and general corporate purposes. *
  • Advising a major pan-African mobility solutions group in relation to facilities made available to it by major South African banks in an aggregate amount in excess of ZAR 6 billion for the purposes of funding the acquisition and maintenance of vehicles to be used in the group’s business.*
  • Advising a major South African hospitality group in relation to debt and preference share facilities made available to it by major South African banks in an aggregate amount of ZAR 4,320,000,000 for the purposes of refinancing existing debt and preference share facilities. *
  • Advising a major South African bank and its subsidiary in Namibia in relation to Namibian law governed facilities made available to a major diamond mining company in Namibia in an amount of NAD 500 million for the purposes of funding the acquisition of plant and equipment. *
  • Advising two major South African banks in relation to sustainability linked term and revolving credit facilities made available to a major South African gold mining group in an aggregate amount of ZAR 2.3 billion for the purposes of refinancing existing facilities and funding capital expenditure in respect of a new tailings facility.*

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