Saturday, November 23African Digital Business Magazine

Tag: global trade

Business, Events, South Africa News

Africa-focused Banking & Finance team from Baker McKenzie advised on one of Global Trade Review’s Best Deals 2022

Baker McKenzie's Africa-focused Banking & Finance team advised on one of Global Trade Review's (GTR) Best Deals 2022 . The team advised Aspen Pharmacare Holdings Limited and certain of its subsidiaries (Aspen Group) on this winning deal, which comprised a joint financing package for the amount of €600 million (around ZAR 10 billion) that was finalised by the IFC, the French Development institution PROPARCO, the German development finance institution DEG and the United States (US) international Development Finance Corporation (DFC). The transaction was finalised in 2021.  Baker McKenzie's Financial Institutions team in South Africa, led by Partner and Head of Banking & Finance in Johannesburg, Lodewyk Meyer, advised the Aspen Group in relation to a common terms agreement, a term lo...