Banking & Finance

The firm is recognised for its banking and finance practice. The changing landscape of doing business in Kenya and in the region, requires the banking institutions to be innovative in their products, facilities through several structures legal support are at times required which we are able to provide.

The firm advises a number of banking and financial institutions in Kenya on a variety of lending transactions ranging from, single party borrowings,complex syndicated and structured facilities, asset finance and trade finance. We are able to provide the banks and lenders with legal solutions, documentation and instruments.

Notable Transactions

• The Firm's banking instituitional clients include Bank of Baroda (Kenya) Limited, Prime Bank Limited, Gulf African Bank, Bank of India, NCBA Limited, Guardian Bank and Stanbic Bank Kenya Limited.
• Advising Centum PLC & Two Rivers Development Limited on its facilities with Stanbic Bank Limited & Standard Bank South Africa - Transaction value US$ 43 Million.
• Advising Olam South Africa on debt security, restructuring & security instruments - US$ 10 Million.
• Advising & negotiating for Vipingo Development Limited Kenyan Banking facility - value KSh. 3 Billion.
• Advising Global Partnership Inc. a USA based Private Equity Fund on a number of investment projects relating to participation by the Fund in Kenyan entities. The transaction values ranging from US$3million to US$10million.
• Advising and preparing commercial and loan documents for Ceniarth LLC, a UK based Private Equity Fund on investments into Kenyan entities. The transaction values ranging from US$1million to US$3million.
• Advising responsAbility Energy Access Fund S.A, Micro, Small & Medium Enterprises Bonds S.A and Symbiotics SICAV (Lux.) being international Private Equity Funds, on (from Kenyan Law prospective) syndicated loan agreements and security documents on a loan facility involving securitisation by a Kenyan company for a borrowing by an affiliate of the Kenyan entity based in USA. The documentation was negotiated across several countries, USA, Hong Kong, India and Kenya. The transaction value in excess of US$85Million.
• The work undertaking for Kenyan financial and banking institutions vary in values from KShs.500,000 to over KShs. 1Billion.