Sibusiso Zungu

Partner, Johannesburg

Biography

Overview

Sibusiso's experience encompasses general lending and international financing structures, trade and commodity finance, export credit supported financings, project finance, property finance and restructurings. He also has standout experience in sovereign and SOE financing.

He is widely recognised as a market leader across various sectors, including energy, infrastructure, aviation and financial services.

Bars and Courts
High Court of South Africa
Education
University of Witwatersrand

Certificate in Banking and Financial Markets

LLB
University of Kwazulu-Natal
Languages
English
Zulu

Experience

Representation of The Standard Bank of South Africa Limited and Nedbank Limited as Mandated Lead Arrangers on a ZAR3,5bn Credit Facility for Imperial Holdings Limited and a ZAR7bn Credit Facility for MOTUS Group Limited.

Representation of AngloGold Ashanti Limited and Geita Gold Mining Limited on a USD100m financing for Geita Gold Mining Limited arranged and underwritten by Nedbank Limited acting through its London Branch of its Corporate and Investment Banking division.

Representation of Nedbank Limited in respect of the provision of USD100m unsecured debt facilities to AngloGold companies in Guinea and Tanzania.

Representation of Absa Bank Limited in respect of the provision of USD100m unsecured debt facility to Shoprite International Limited (a company based in Mauritius) which was guaranteed by Shoprite Checkers Proprietary Limited.

Representation of Turner & Townsend, as transaction advisors to the Gauteng Department of Infrastructure Development, in respect of a public private partnership for the demolition of certain structures, design, construction, refurbishment, finance, operation and maintenance of suitable and sustainable serviced accommodation for the Gauteng Provincial Government.

Representation of a global financial services group and other financiers on the financing of three renewable energy transactions (wind) sponsored by Mainstream Renewable Power Limited implemented under Phase III of the South African Renewable Energy IPP programme.

Representation of a syndicate of banks (international and local) on ZAR20bn and ZAR15bn loan facilities provided to Eskom Holdings SOC Ltd and guaranteed by the South African Government.

Representation of Industrial and Commercial Bank of China in connection with a strategic US$300m long-term facility to Transnet SOC Ltd. This was a strategic deal that represents China's growing investment in South Africa.

Representation of Absa Bank Limited, Rand Merchant Bank, Investec Asset Management (Pty) Limited, a global financial services group, Morgan Stanley, Goldman Sachs, Bank of America Merrill Lynch, as the Term Lenders, in respect of the restructuring of various tiers of senior debt provided to the Edcon Group.

Representation of South African Airways on its corporate restructure implemented pursuant to its Long turn-around strategy for restructuring.