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

30 Aug 2024

by Howmera Parak and Puleng Mothabeng

Watch Howmera Parak and Puleng Mothabeng talk about empowering women in tax as a catalyst for change

Watch, as Howmera Parak and Puleng Mothabeng explore how increasing women's representation can drive encourage more women to pursue a career in tax and offer practical advice to young women aspiring to enter the profession.

Tax & Exchange Control

35:09 Minutes

10 Sep 2024

by Muhammad Ziyaad Gattoo and Kirsty de Sousa

The critical role of the South African Deeds Offices in property transactions and common issues that can arise during registration

The 11 South African Deeds Offices play a pivotal role in the country’s immovable property transactions by ensuring the security and legality of immovable property ownership, or rights thereof. These offices, established under the Deeds Registries Act 47 of 1937, are responsible for maintaining public records of all immovable property transactions and registering ownership changes, mortgages and other rights related to immovableproperty. 

Real Estate Law

2 min read

28 Nov 2024

Announcement: Effective Date of Employment Equity Act Amendments – 1 January 2025

As indicated in our previous alerts, the amendments introduce two significant changes.

Employment Law

1 min read

23 Aug 2024

by Marelise van der Westhuizen

One of South Africa’s watchdogs’ power to issue directives: The subject of litigation

In South African Human Rights Commission v Agro Data CC & Another (Afriforum, Centre for Applied Legal Studies and Commission for Gender Equality intervening as Amici Curiae) ZASCA 121, the Supreme Court of Appeal (SCA) had to consider whether the South African Human Rights Commission (SAHRC) could issue directives to remedy the violation of human rights in terms of its statutory functions and whether those directives would be binding in nature.

Dispute Resolution

3 min read

8 May 2024

by André de Lange, Akhona Mgwaba and Matthew Melnick

Companies Act changes imminent: What you can do to prepare

On 26 March 2024, the Companies Amendment Bill (Bill) and the Companies Second Amendment Bill (Second Amendment Bill) were passed by the National Council of Provinces and are now awaiting presidential assent. With this anticipated to happen at any moment, the enactment into law of the Bill and the Second Amendment Bill (collectively, the Bills) isimminent.  

Corporate & Commercial Law

6 min read

2 Apr 2024

by Burton Meyer, Gabriella Schafer and Dylan Greenstone

Settlement agreements: Creditors, secure your victory and don’t stop half way, debtors beware

Before a court decides on the outcome of a case, parties involved may agree to settle their dispute. However, it’s important to understand that when a settlement agreement is made an order of court, it holds the same weight and authority as any other ruling issued by acourt.  

Dispute Resolution

4 min read

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

Accept Decline