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

11 Jul 2024

by Khaya Mantengu and Zodwa Malinga

Retention Guarantees

Parties to a construction contract usually agree to the obligation to conclude separate financial arrangements with third parties for the purposes of ensuring financial security and project success.

Construction & Engineering

08:06 Minutes

29 Jan 2024

by Jose Jorge and Alex van Greuning

Erroneous payments to employees: Is a deduction from salary a contractual breach?

On 17 January 2024, the Supreme Court of Appeal (SCA) handed down an interesting judgment in Mhlontlo Local Municipality and Others v Ngcangula and Another (1154/2022) 2024 ZASCA 5 (17 January 2024) that, amongst other things, dealt with the concurrent jurisdiction of the Labour Court and the High Court to determine a matter related to a contract of employment, and clarified whether an erroneous payment made by an employer over a period becomes a term and condition of employment.

Employment Law

6 min read

17 Sep 2024

by Lydia Owuor

Webinar Recording - Structuring Sectional Titles: Understanding the concepts

Our CDH Kenya office hosted a webinar titled "Structuring Sectional Titles: Understanding the concepts".

Real Estate Law

1:03:56 Minutes

13 Nov 2024

by Clarice Wambua, Lauriene Maingi and Moureen Tuya

Key highlights of Kenya’s Public Participation Bill, 2024

The Constitution of Kenya, 2010 revolutionised governance by embedding public participation as a fundamental pillar of democracy. This inclusive approach ensures that the voices, needs and aspirations of Kenyans are central to decision-making, from policy formulation to legislative development. Yet, for years, there has been no clear guidance for how public participation should be conducted.

Corporate & Commercial Law

7 min read

3 Jul 2024

by Shem Otanga and Prisca Mburu

Implications of processing the personal data of former employees for commercial purposes

Employers typically rely either on employee consent or the necessity for contractual performance (or both) as a basis for lawfully processing their employees’ personal data. However, certain legal questions arise where an employer continues to process an employee’s personal data after the termination of the employment contract. Is such post-employment processing of personal data permitted under the law? If so, can the post-employment processing be carried out for commercial purposes? What restrictions does the law provide in relation to such processing of personal data?

Technology & Communications

4 min read

28 Oct 2024

by Taryn York

Reminder | The Immigration Amendment Bill,2024 which was published on 19 March 2024, is open for comment

This is a reminder that the Immigration Amendment Bill, 2024, which was published on 19 March 2024, is open for comment. All interested persons and parties are encouraged to make written representations before the deadline of 22 November 2024. Written submissions must be directed to the Committee Secretary, Mr Eddy Mathonsiat ImmigrationBill@parliament.gov.za .   

Immigration

1 min read

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

Accept Decline