Skip to content

Sandile Mthombeni

Associate | Johannesburg

Sandile-Mthombeni

Quick Search

Contact

T: +27 11 669 9240

Overview

Sandile is an associate in our Johannesburg office in the Banking and Finance Department and a member of the General Finance Practice.

He has experience in advising borrowers, lenders and arrangers on general corporate law matters, corporate finance, structured finance, property finance and debt capital markets transactions.

Experience

  • Advising the Joint Bookrunners as to laws of the Republic of South Africa in connection with an issuance by the Bidvest Group (UK) Limited (the Issuer) of USD 800 million, 3.625% Senior Notes due 23 September 2026 (the Notes), which Notes are fully and unconditionally guaranteed by the Bidvest Group Limited (the Guarantor) pursuant to the unconditional and irrevocable parent guarantee in favour of holders of the Notes.
  • Advising Trafigura Group Pte and Nedbank Limited in respect of an uncommitted trade finance facilities agreement between, amongst others, Nedbank Limited (acting though its Corporate and Investment Banking division and London Branch) as Original Lenders, Heron Mauritius, Heron Marine South Africa Pty Ltd, Heron Energy Pty Ltd and Trafigura Pte Ltd (as Borrowers) and Trafigura Group Pte Ltd (as Guarantor) in terms of which an amount of USD 60 million of the facilities were to be used by the borrowers to finance trading of certain products.
  • Advising Old Mutual Life Assurance Company South Africa Limited and Old Mutual Limited in respect of the ZAR 25 million Multi-Issuer Note Programme on the Interest Rate Market of the JSE Limited in the Republic of South Africa, pursuant to which the Issuer may issue notes from time to time up to a maximum nominal amount of ZAR 25 million as described in the amended and restated programme memorandum.
  • Advising eThekwini Municipality in connection with the ZAR 10 billion Note Programme (and subsequent issuances) on the Interest Rate Market of the JSE Limited in the Republic of South Africa, pursuant to which the Issuer may issue notes from time to time up to a maximum nominal amount of ZAR 10 billion as described in the amended and restated programme memorandum.
  • Advising the Issuer, the Guarantor, the Arranger and the Dealer as to the laws of the Republic of South Africa in connection with the amendment and restatement of the Sanlam Life Insurance Limited ZAR 6 billion Unsecured Subordinated Note Programme on the Interest Rate Market of the JSE Limited in the Republic of South Africa, pursuant to which the relevant Issuer may issue notes from time to time up to a maximum nominal amount of ZAR 6 billion on the Interest Rate Market of the JSE, as described in the amended and restated programme memorandum.
  • Advising the Issuer, the Arranger and the Dealer in connection with the amendment and restatement of First National Bank of Namibia Limited ZAR 5 billion/ NAD 5 billion Domestic Medium Term Note Programme on the Interest Rate Market of the JSE Limited in the Republic of South Africa, pursuant to which the Issuer may issue notes from time to time up to a maximum nominal amount of ZAR 5 billion/ NAD 5 billion on the Interest Rate Market of the JSE, as described in the amended and restated programme memorandum.

AREA OF EXPERTISE

Qualifications

  • BSocSci from the University of Cape Town.
  • LLB from the University of the Witwatersrand.

Overview

Sandile is an associate in our Johannesburg office in the Banking and Finance Department and a member of the General Finance Practice.

He has experience in advising borrowers, lenders and arrangers on general corporate law matters, corporate finance, structured finance, property finance and debt capital markets transactions.

Experience

  • Advising the Joint Bookrunners as to laws of the Republic of South Africa in connection with an issuance by the Bidvest Group (UK) Limited (the Issuer) of USD 800 million, 3.625% Senior Notes due 23 September 2026 (the Notes), which Notes are fully and unconditionally guaranteed by the Bidvest Group Limited (the Guarantor) pursuant to the unconditional and irrevocable parent guarantee in favour of holders of the Notes.
  • Advising Trafigura Group Pte and Nedbank Limited in respect of an uncommitted trade finance facilities agreement between, amongst others, Nedbank Limited (acting though its Corporate and Investment Banking division and London Branch) as Original Lenders, Heron Mauritius, Heron Marine South Africa Pty Ltd, Heron Energy Pty Ltd and Trafigura Pte Ltd (as Borrowers) and Trafigura Group Pte Ltd (as Guarantor) in terms of which an amount of USD 60 million of the facilities were to be used by the borrowers to finance trading of certain products.
  • Advising Old Mutual Life Assurance Company South Africa Limited and Old Mutual Limited in respect of the ZAR 25 million Multi-Issuer Note Programme on the Interest Rate Market of the JSE Limited in the Republic of South Africa, pursuant to which the Issuer may issue notes from time to time up to a maximum nominal amount of ZAR 25 million as described in the amended and restated programme memorandum.
  • Advising eThekwini Municipality in connection with the ZAR 10 billion Note Programme (and subsequent issuances) on the Interest Rate Market of the JSE Limited in the Republic of South Africa, pursuant to which the Issuer may issue notes from time to time up to a maximum nominal amount of ZAR 10 billion as described in the amended and restated programme memorandum.
  • Advising the Issuer, the Guarantor, the Arranger and the Dealer as to the laws of the Republic of South Africa in connection with the amendment and restatement of the Sanlam Life Insurance Limited ZAR 6 billion Unsecured Subordinated Note Programme on the Interest Rate Market of the JSE Limited in the Republic of South Africa, pursuant to which the relevant Issuer may issue notes from time to time up to a maximum nominal amount of ZAR 6 billion on the Interest Rate Market of the JSE, as described in the amended and restated programme memorandum.
  • Advising the Issuer, the Arranger and the Dealer in connection with the amendment and restatement of First National Bank of Namibia Limited ZAR 5 billion/ NAD 5 billion Domestic Medium Term Note Programme on the Interest Rate Market of the JSE Limited in the Republic of South Africa, pursuant to which the Issuer may issue notes from time to time up to a maximum nominal amount of ZAR 5 billion/ NAD 5 billion on the Interest Rate Market of the JSE, as described in the amended and restated programme memorandum.

Keep up to date on the latest news

Our specialist practitioners share their knowledge and insights into a range of legal issues through various public speaking engagements, publications and media interactions. Subscribe to our legal updates to keep abreast of new developments.