Banking and Finance

Our banking and finance department has carved out a niche as a trusted advisor and partner. We advise across areas of asset finance, finance law, Islamic finance, finance and securities disputes, financial services regulation, general lending, leveraged finance, real estate finance, asset backed finance, micro-finance and social investments, restructurings and securitizations.

We advise on complex corporate finance, syndicated and project finance transactions and have acted for several large, local and international banks on all types of finance transactions. The firm’s banking and finance team works closely with the dispute resolution department in handling large and complex disputes arising out of banking and finance mandates.

• Debt capital markets
• Project finance
• Public – Private Partnerships
• Commodity trade finance
• Acquisition finance
• General banking and investment structures
• Pensions and employee benefits
• Lending arrangements and structures
• Regulatory and compliance

• Currently acting as Ugandan counsel for an international bank on an EKN (Swedish Export Credit Agency) supported term loan facility and a commercial loan facility to the government of Uganda of approximately US$ 255M.
• Acted as Ugandan Counsel for Advance Global Capital on its proposed US$ 4,000,000.00 financing of a leading receivable financing company with operations in Uganda, Kenya and Netherlands. The transaction involved a complex due diligence, preparation of share pledge and security advice, and regulatory advice in light of the new Ugandan law that entailed a change in the proposed structure.
• Acted as Ugandan Counsel for an international Export – Import Bank on the legality and enforceability of counter guarantees issued by itself with respect to facilities extended in Uganda.
• Acted for the World Bank through its Long Term Finance Division on the legal, tax and regulatory regime for the set – up of a debt infrastructure fund and issues of project bonds.
• Advised the Islamic Development Bank (iSDb) on the legal and regulatory analysis of sovereign debt issuances by the Government of Uganda.
• Advised FACTS East Africa BV, a leading receivable financing company in East Africa on the regulatory and compliance requirements under the new promulgated Tier 4 Microfinance Institutions and Moneylenders Act.
• Advised Mango Fund Inc. a leading impact financing company in Uganda on its ongoing operations and financings to company’s in Uganda.
• Advised a sponsor of a 7MW Hydro power project in Western Uganda on a USD48M project financing from DFI’s and an energy fund based in Mauritius.