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Linked Reviews
Financial and corporate

Allen & Overy is the South African branch of the international Allen & Overy law firm and is based in Johannesburg. Traditionally lender focused, Allen & Overy remains focused on banks in all manner of transactions. A member of the UK ‘Magic Circle’ the firm has 44 offices in 31 countries.

Focusses / specialisms

The firm has a strong practice in banking achieving top tier status in South Africa. The firm is also very active in debt and equity capital markets and project finance.

Key clients

Key clients of the firm include The Standard Bank of South Africa, Rand Merchant Bank, Nedbank, Turner & Townsend and Pan African Infrastructure Development Fund.

Client Feedback: 32nd edition (2022/2023)

Bank lending: Borrower side

"Excellent."

 

Bank lending: Lender side

"Efficient and very effective, able to provide explanations to the client to assist them in understanding some of the legal requirements, competitive on price, and always available for quick calls to take lender/client through some explanations."

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Deal Highlights
2 results2 results
Deal Name Deal Date Firm Name Jurisdiction Deal Type Lawyer Names Client Names Client Role
Eskom Holdings SOC - Bond Issue
2021-07-01
A&O Shearman
South Africa
Bond issue
Citigroup, Barclays, JP Morgan Chase, BNP Paribas, Goldman Sachs, Wells Fargo, Mitsubishi Corp, Bank of America Merrill Lynch, HSBC, Deutsche Bank, Mizuho Bank, Royal Bank of Canada, Truist Financial, Scotiabank
Underwriter
ABSA Bank - Bond Issue
2021-05-01
A&O Shearman
South Africa
Bond issue
ABSA Bank
Issuer
Tom Schoors will combine the new EU chair role with his post as Belgium managing partner, helping global clients to tap into the firm’s EU expertise across 16 offices
ESG
Lawyers at A&O Shearman and Vinson & Elkins say that judges are approaching statutory interpretation differently following Loper Bright, but they are still paying attention to government arguments
New hires were made across the finance practices in New York, San Francisco, London and Milan
M&A
Paolo Nastasi, managing partner for Italy, delves into Q1 market trends, deal structures and how the firm is driving growth at a practice level
Regulations must be effective, not excessive, says OCC chief Rodney Hood
M&A
As the European Commission seeks input on updating its 20-year-old merger rules, focusing on traditional competition metrics will no longer be enough, lawyers say
The UK managing partner reflects on her career and discusses the opportunities ahead for the firm, particularly in leveraged finance
Partner Tom Grant discusses the legal innovation behind the first Solvency II-compliant restricted tier 1 bond issuance in Portugal and how it can help the firm to win more work
Sponsored

Sponsored

  • IFLR1000
    Sponsored by Radu Tărăcilă Pădurari Retevoescu SCA (RTPR)
    RTPR assisted Autonom Services S.A. in relation to a new bond issue, with an aggregate nominal value of EUR 30 million and a maturity of 5 years, with a fixed annual interest rate of 6.14%. Autonom Services is the most important independent player on the operational leasing and rent-a-car markets in Romania. The bonds issued have been admitted to trading on the regulated market of the Bucharest Stock Exchange and are correlated with the company’s sustainability objectives.
  • IFLR1000
    Sponsored by Radu Tărăcilă Pădurari Retevoescu SCA (RTPR)
    RTPR has assisted the Swedish investment company Oresa and the entrepreneur Cristian Amza in relation to the sale of the entire stake in the La Fantana group, which has subsidiaries in Romania and Serbia, to the strategic investor Axel Johnson. La Fantana is a market leader in watercooler and bottled water supply solutions, for companies, public spaces, but also for the residential segment, with national coverage in Romania and Serbia. The RTPR team was coordinated by partners Costin Taracila and Alina Stavaru, who were closely assisted throughout the process by Cezara Urzica (Senior Associate) and Andrei Nicolae (Junior Associate). The team also included Ianita Tui (Counsel), Ana Popa, Marina Fecheta-Giurgica (Senior Associates), Andrei Tosa (Managing Associate), Maria Luca, Irina Marinescu and Luka Perovic (Junior Associates). Cosmin Tilea (Partner), Andreea Stoiciu, Livia Tuca (Associates) and Ambra Lazar (Junior Associate) have advised on the financing aspects of the deal. The English law advisors involved in this deal were A&O Shearman lawyers Stephen Lloyd (Partner), Jeremy Wilkins and Adarsh Chhabria (Senior Associates), as well as Kate Eades (Partner) and Eoin Broderick (Senior Manager) from KPMG Law in London.
  • IFLR1000
    Sponsored by Radu Tărăcilă Pădurari Retevoescu SCA (RTPR)
    RTPR has assisted Evryo Group, owned by funds managed by Macquarie Asset Management, in relation to the sale of its renewable energy portfolio to PPC Group. The transaction includes the Evryo Wind Farm, Romania’s largest operational onshore wind farm, with a total installed capacity of 600 MW, and the group’s hydropower system comprising 4 hydroelectric plants and associated hydro facilities, with a total installed capacity of approximately 22 MW.