Clifford Chance has advised the joint bookrunners on a US$3.5 billion dual tranche bond issuance (across 12-year and 30-year tranches) by South Africa in the international capital markets. The issuance attracted a wide investor base from multiple jurisdictions, reflecting continued global investor confidence in the country’s fiscal management.
Partner and UK Head of Global Financial Markets Matt Fairclough commented: “We are proud to have played a key role in this important transaction for South Africa and it is a great vote of confidence for the bookrunners to have us work on this successful issuance. This transaction builds on the strength of our global sovereign debt advisory track record.”
Clifford Chance advises regularly on high-profile sovereign matters, including sovereign green, blue, and social bonds, as well as major sovereign debt restructurings in countries like Sri Lanka, Argentina, and Ghana. The firm’s global US Securities team provides expert advice on all aspects of US securities laws and capital markets transactions.
Senior associates Jake DuCharme and John Thomson and trainee solicitor Carolin Talver supported the joint bookrunners on this transaction, with partners Matt Fairclough and Johannes Juette supervising the transaction process.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
The advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
