South Africa Investment Grade Documentation Training
South Africa Investment Grade Documentation Training
01 February 2017, 09.00 - 17.15
Bowman Gilfillan, 165 West Street, Sandton, 2146, South Africa
We are holding an investment grade documentation training day on 1 February 2017 at the offices of Bowman Gilfillan in Johannesburg. Presentations will be delivered by senior professionals working in the loan market who have first-hand experience and knowledge of the industry.
The sessions will cover:
- Introduction to the LMA suite
- Hot topics in the Investment Grade market
- The commercial aspects
- The borrower perspective
- Workshop exercise
This event is free of charge and open to LMA members only.
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Duration: 01 February 2017, 09.00 - 17.15
Who can attend: Members Only
Price: Free Event
Contact Name: Meike Martin
Contact Email: meike.martin@lma.eu.com
South Africa Investment Grade Documentation Training
01 February 2017, 09.00 - 17.15
Bowman Gilfillan, 165 West Street, Sandton, 2146, South Africa
- What is happening in the SA IG market
- Introduction to the suite of South African law LMA docs
- Unsecured vs. Secured deals
- Recent amendments to SA documents
- Ancillary documents: Term Sheets, Mandate Letters and Confidentiality Agreements
Katia Mengel, Director - Norton Rose Fulbright
Mark Kyle, Executive - Standard Bank- Regulatory requirements and events that originate outside Africa
- Sanctions
- Article 55 BRRD (EU Bank Recovery and Resolution Directive (2014/59/EU))
- Brexit
- Amendments and Waivers (LMA Guidelines)
Anina Boshoff, Partner - Hogan Lovells
Andrew Dixon Smith, Standard Chartered Bank, Legal
- Introduction to commercial imperatives
- Conditions precedent and drawstop mechanics
- Mandatory cancellation/prepayment
- Pricing and extension options
- Representations
- General undertakings
- Events of default
- Cession and delegation
- Amendments and waivers
- Balance between Lenders and Borrowers
- What do borrowers care about?
- Manageable all-in costs
- Available/reliable funds
- Operationally workable terms
- Credit-appropriate terms
Jason Wilkinson, Partner - Bowmans
Jonathan First, Head, Syndication Finance Financing Operations - DBSA