Glyn Marais in association with SNR Denton has a solid banking practice with a triumvirate of highly recommendable practitioners: Richard Glyn, Francois Marais and Willem de Villiers. It is this core group that has been most active this year....
[more]
Glyn Marais in association with SNR Denton has a solid banking practice with a triumvirate of highly recommendable practitioners: Richard Glyn, Francois Marais and Willem de Villiers. It is this core group that has been most active this year.
The team has been primarily working on restructuring deals, with Absa Bank being a regular client. On one representative deal de Villiers led a team to advise the bank with regards to a restructuring of debt facilities worth $207 million following a series of defaults by debtors related to a listed property fund. This work completed in December 2010.
One the projects side, Glyn Marais was busy with a lot of gaming work, including advising on project finance facilities of $12 million for the construction and operation of a new casino by a listed gaming company in South Africa.
[hide]
Glyn Marais in association with SNR Denton maintains a reliable and busy commercial M&A practice, headed up by Francois Marais and Willem de Villiers. Both partners were engaged on a number of midmarket deals across the past 12 months....
[more]
Glyn Marais in association with SNR Denton maintains a reliable and busy commercial M&A practice, headed up by Francois Marais and Willem de Villiers. Both partners were engaged on a number of midmarket deals across the past 12 months.
The team does turn over a high volume of deals, but the highlight of the past year was undoubtedly when a team led by partner Roux van der Merwe advised Growthpoint Properties on its $1.3 billion joint acquisition in January 2011 of the V&A Waterfront, the company that owns and operates the scenic and prestigious piece of real estate in Cape Town.
[hide]