Our highlights at MMAKS

Highlights

Advised UNOC on the establishment of an Oil storage terminal.
Advised UNOC on the establishment of an Oil storage terminal.
Advised Sanlam Limited in its merger with Allianz
Advised Sanlam Limited in its merger with Allianz, one of the world’s largest insurers and asset managers.
Advised Mantra Technologies on its acquisition of Seven Hills Impex Limited
Advised Mantra Technologies Limited on its acquisition of Seven Hills Impex Limited, a leading power solutions provider in Uganda.
Advised The East Africa Venture Capital Association on amendments to Uganda's legal framework
Advised The East Africa Venture Capital Association (EAVCA) on proposed amendments to Uganda’s legal and fiscal framework for structuring locally domiciled private equity and venture capital funds under the limited liability partnership vehicle.
Advising IFC and other lenders on a syndicated loan financing to the sum of USD 64 million
Advising IFC and other lenders on a syndicated loan financing for a cement plant and a rolling mill in the sum of USD 64 million using Loan Market Association documentation.
Advising on the acquisition of a majority stake in a local telecoms company by a subsidiary of France Telecom
Advising on the acquisition of a majority stake in a local telecoms company by a subsidiary of France Telecom.
Advising NORFUND in lending USD 10 million
Advising the Norwegian Investment Fund for Developing Countries (NORFUND) in a lending to a commercial bank in the amount of USD 10 million.
Advising on admission to listing of National Insurance Corporation on the USE
Advising on admission to Listing of National Insurance Corporation Limited on the Uganda Securities Exchange.
Advising private equity funds from Mauritius and Kenya on a purchase of a 35% stake in International Medical Group Limited
Advising private equity funds from Mauritius and Kenya on a purchase of a 35% stake in International Medical Group Limited
Advising DEG and IFC on loan transactions
Advising DEG and IFC on loan transactions, including subordinations of existing loans and rescheduling fresh lendings to clients in Uganda.
Acting (together with Slaughter & May, UK) for Reliance Industries Limited
Acting (together with Slaughter & May, UK) for Reliance Industries Limited, the only Indian private sector Fortune 500 company, in connection with its acquisition of a majority stake and management control in Gulf Africa Petroleum Corporation (Gapco), a company with significant presence in Eastern Africa in the down stream petroleum sector, including co-ordination of a five country (Kenya, Uganda, Tanzania, Rwanda and Sudan) due diligence exercise.
Advising the Central Bank
Advising the Central Bank on regulatory issues arising from a new regulatory regime.
Advising four major banks on the financing of a USD 115 million project
Advising Citibank Uganda Limited, Standard Chartered Bank Uganda Limited, Stanbic Bank Uganda Limited and East African Development Bank on the financing in the sum of USD 115 million of a project for power generation and the expansion of a sugar processing plant. Loan Market Association documentation was used.
Acting for the proposed bidder in connection with the disposal of its downstream business in six African countries by Chevron
Acting for the proposed bidder in connection with the disposal by Chevron, the world's fifth largest global energy company listed on the New York Stock Exchange, on the disposal of its downstream business in six (6) countries in Africa.
Advising PROPARCO on a financing of USD 23 million
Advising PROPARCO on a financing of USD 23 million for a sugar plant and on a financing to a commercial bank.
Advising on the cross-border introduction of Kenya Commercial Bank on the Uganda Securities Exchange.
Advising on the cross-border introduction of Kenya Commercial Bank on the Uganda Securities Exchange.
Advising Overseas Private Investment Corporation on the financing in the sum of USD 72 million
Advising Overseas Private Investment Corporation on the financing in the sum of USD 72 million for a project in the television-broadcasting sector.
Acting for Essar Communications Holdings on its acquisition of a strategic interest in Kanyan Telecommunications
Acting for Essar Communications Holdings, the telecoms subsidiary of Essar Global, on its acquisition of a strategic interest in Kanyan Telecommunications (U) Limited, the fourth GSM provider in Uganda.
Advising on Aircraft financing through Air Serv
Advising on Aircraft financing through Air Serv International Incorporated to its local subsidiary Air Serv Limited.
Advising a railway company in respect of its borrowing USD 181 million
Advising a railway company in respect of its borrowing from International Finance Corporation, African Development Bank, KFW, Belgian Investment Company for Developing Countries NV/SA, Equity Bank Limited and FMO in the sum of USD 181 million.
Advising on the transfer of communications towers, sites and associated facilities of MTN Uganda to ATC Uganda Limited
Advising on the transfer of communications towers, sites and associated facilities of MTN Uganda to ATC Uganda Limited (a joint venture company between MTN Uganda Limited and American Tower Corporation). Following the transfer, ATC Uganda Limited became the largest owner and operator of tower sites in Uganda.
Advising Industrial Development Corporation of South Africa on a financing of USD 9.1 million
Advising Industrial Development Corporation of South Africa (IDC) on a financing of USD 9.1 million for the completion of the construction of a hotel.
Advising on the initial public offering by Umeme Limited
Advising on the initial public offering by Umeme Limited, which carries on the business of electricity retail and distribution in Uganda.
Advising four lenders on the financing of a project for power generation
Advising four lenders on the financing of a project for power generation and the expansion of a sugar processing plant which required the use of Loan Market Association documentation.