Anthony Colegrave

Partner, London

Biography

Overview

Anthony is a partner in the derivatives and structured finance practice in the Firm's Capital Markets group in London. Anthony has a wide practice area based on his dual qualification in England & Wales and South Africa. His current practice is made up of derivatives (primarily equity derivatives and hedging solutions) both English and South African law governed and South African financial regulatory in both the capital markets and banking spaces. He is used to working on big cross-border and multi-jurisdictional projects from both a derivative and regulatory perspective.

In relation to his South African practice Anthony is Ranked Band 2 for Banking and Finance: Regulatory in South Africa (Chambers Global 2020). Sources say: "Anthony Colegrave is particularly well known for his work with derivatives and securities lending. He is appreciated for his broad knowledge of banking law, with market observers describing him as 'very, very impressive.'" (Chambers Global 2020).

Bars and Courts
England and Wales, Solicitor
South Africa
Education
LLB
Rhodes University
BA
Rhodes University
Languages
English

Experience

Derivatives experience includes advising:

ISDA on the enforceability of the netting and set-off provisions in the 1992 and 2002 ISDA Master Agreements.*

SMBC on various FX and interest rate hedging solutions

Deutsche Bank on interest rate hedging and financing transactions

Credit Suisse on preparing a template FX ISDA schedule.*

A consortium of major international banks on the provision of hedging in respect of a wind generation project

Midland Motorways Group in relation to certain hedging and deal contingent hedging in relation to financing advanced to it.*

Credit Suisse in relation to certain deal contingent hedging transactions.

The National Bank of Greece in relation to energy hedging

Neom Company in relation to its derivative hedging portfolio

A global financial services group on the enforceability of the collateral provisions contained in the English law Credit Support Deed and the Credit Support Annex in respect of South African domiciled pension funds, long term insurers, short-term insurers , collective investment schemes and asset managers.*

BNP Paribas on the enforceability of the netting and set off provisions in relation to a hedging a1Tangements to be provided to the Government Employees Pension Fund, a sovereign entity in South Africa.*

Goldman Sachs International on various extinguisher interest rate swap transactions with South African corporates including

Consol Holdings Limited and Edcon Holdings Proprietary Limited.*

Bank of America Merrill Lynch on equity forward transactions with Absa Bank Limited, The Standard Bank of South Africa Limited and FirstRand Bank Limited in relation to the employee share incentive schemes of each of these banks.*

A global financial services group on hedging arrangements with Edcon Holdings Proprietary Limited.*

Bank of America Merrill Lynch on a ZAR500m equity collar transaction with WDB Construction Proprietary Limited.*

The four major banks in South Africa on the proposed derivative prudential limitations to be placed on South African registered pension funds.*

Investec Bank on the proposed regulation of OTC derivatives in South Africa under the Financial Markets Act, 2012 including trade reporting and centralised clearing requirements.*

Goldman Sachs International on a number of funded equity collar transactions to various counterparties.*

Credit Suisse International on various funded equity collar transactions. Various hedging banks and counterparties on FX and interest rate hedging to be put in place pursuant to certain financing and Intercreditor arrangements.*

a collar transaction concluded with the Public Investment Corporation (or a South African Quasi-public investment entity) in relation to South African listed equities.*

International Finance Corporation on a USD200m loan to FirstRand Bank Limited.*

A number of international banks (and their local branches) on an equity swap with the Public Investment Corporation (acting on behalf of the Government Employees Pension Fund) in relation to South African listed shares.*

A global investment bank and a global financial services group on the extension of the equity swap transactions between a global investment bank and the Public Investment Corporation acting on behalf of the Government.*

* Matters worked on prior to joining White & Case

Awards and Recognition

Next Generation Partner – Anthony Colegrave

Legal 500 South Africa 2023: Banking & Finance