Sheena Jowaheer

Sheena Jowaheer

Senior Associate
Moka, Mauritius
T: +230 52 98 0104
E: sheena.jowaheer@bowmanslaw.com
  • Overview
  • Experience
  • Publications & Insights

Overview

Sheena Jowaheer is a senior associate of our Mauritius office.

Sheena’s practice covers general corporate matters, commercial law, banking and finance, as well as data protection. She has experience in restructurings involving mergers and acquisitions and also advises on redomiciliation of companies to and from Mauritius.

Prior to joining Bowmans, Sheena was a senior associate at FirmWise in the banking and finance team. In this role, she advised on regulatory issues, lending, taking of security in Mauritius including charges, pledges and other security arrangements involving entities domiciled in Mauritius and on the release of secured charges where applicable.

Before that, she worked as an Associate-Barrister at leading law firms in Mauritius where she has acquired experience in advisory works and financing transactions by acting mainly for multinational banks such as Standard Chartered Bank, Investec Bank Plc. She occasionally acted for borrowers on instructions from magic circle and other large law firms such as Allen & Overy, Linklaters, Norton Rose Fulbright and Clifford Chance. She has advised leading multinationals and international banks on their cross-border investments, financing and trading, particularly with Africa, Asia and the Middle East and has also advised corporate service providers and international and local businesses.

Sheena has completed the Bar Vocational Course at the University of Law (formerly, the College of Law) in London and was called to the Bar of England & Wales in 2009 at the Honourable Society of Lincoln’s Inn before being admitted as a practicing barrister to the Bar of Mauritius in September 2012. Sheena holds an LLB from the University of London and a Masters in International and Comparative Tax law from BPP University, London.

Specialist Services

Relevant Experience

  • Assisted a consortium of private South African banks in the restructuring and financing of the Tsebo group. Bowmans was awarded the Restructuring Team of the Year Award at the African Legal Awards, for our role in the Tsebo Restructure.
  • Advised Zimborders Mauritius and the Luxus Family Trust, as to matters of Mauritius law in connection with the equity and loan financing of the Beitbridge Border Post Modernisation Project in respect of the upgrade, expansion and modernisation of the existing physical and ICT infrastructure of the Beitbridge Border Post on the border between Zimbabwe and South Africa.
  • Acted as Mauritius legal counsel for FirstRand Bank Limited (acting through its Rand Merchant Bank division) as agent of the other Finance Parties under a Common Terms Agreement as to matters of Mauritius law relating to AfriSam Mauritius Investment Holdings Limited (the Company) acting as original guarantor in connection with a ZAR 2.1 billion term loan and working capital facilities to AfriSam (South Africa) Proprietary Limited as original borrower. The group of related companies, of which the Company is a part (the AfriSam Group), intended to refinance its debt, including a portion of an original senior debt (the Refinancing) and restructure its equity by converting a portion of the original senior debt into equity in certain members of the AfriSam Group (the Reorganisation). Assisted with both, the Reorganisation and the Refinancing.
  • Acted as Mauritius legal counsel for The Standard Bank of South Africa Limited (acting through its Corporate and Investment Banking division) (acting as Original US$ Lender, Agent and Account Bank) and Stanbic Bank Kenya Limited (as Original KES Lender and Account Bank) in relation to a facility agreement entered into between, inter alia, Vipingo Development Plc (as Borrower), Vipingo Estate Plc (as Guarantor), Centum Investment Company Plc (as Guarantor), in terms of which, the Lenders made available a term loan facility in an aggregate amount of USD 9 million and c. KES 3.8 billion to the Borrower.
  • Acted as Mauritius legal counsel to Stanbic Bank Kenya Limited (the Bank) as to matters of Mauritius law relating to a Mauritian registered company in connection with a guarantee and indemnity issued by it in favour of the Bank, to guarantee the obligations of a limited liability company incorporated and registered in Kenya (the Borrower) with respect to the banking facilities granted by the Bank to the Borrower. Advised on the issuance of a corporate guarantee and on subordination of existing shareholder loans. This matter entailed a rolling over of an existing facility to the Borrower that has been affected by Covid and the Borrower was requested to provide additional security in the form of the HoldCo guarantee.
  • Has acted for various international banks (e.g. The Standard Bank of South Africa Limited, Stanbic Bank Kenya Limited, Stanbic Bank Botswana Limited, FirstRand Bank Limited (acting through its Rand Merchant Bank division), ABSA Bank Limited (acting through its Corporate and Investment Banking division), Nedbank Limited) and has advised on transactions involving the financing aspect and major corporate aspect involving restructuring.

Publications & Insights