BOWMAN GILFILLAN ASSISTS NAMIBIAN GOVERNMENT TO ACCESS SOUTH AFRICAN DEBT CAPITAL MARKETS
Jonathan Lang, head of Bowman Gilfillan Africa Group, commented: “The transaction has been described as pioneering as African sovereigns have begun to access South African capital markets on the JSE. The deal is expected to encourage other African nations to sell rand denominated bonds, contributing to resource mobilisation efforts across the African continent.”
Casper van Heerden, head of the debt capital markets team of Bowman Gilfillan Africa Group, and the partner who lead the team on this transaction said that he was encouraged to see sovereigns follow the trend set by large multinationals, such as Goldman Sachs International and BNP Paribas, in tapping South Africa’s capital markets.
Bowman Gilfillan deployed a team of three dedicated lawyers from its banking and finance and tax divisions on the project.