Banking & Finance

Musa Dudhia & Co. has extensive experience in structuring innovative and commercially sound transactions for borrowers and lenders.

The team acts as local and lead counsel to domestic, regional and international banks, private equity funds, and development finance institutions.

The firm adopts a practical and commercially vigilant approach to negotiating, structuring, drafting and enforcing credit arrangements and syndicated loan facilities. In addition to performing due diligence on borrowers and guarantors, the firm also has wide-ranging experience in drafting and enforcing securities.

Musa Dudhia has represented a variety of lenders and borrowers on commodity and trade financing transactions, and advises on all aspects of asset financing including lease financing and revolving credit facilities.

Representative transactions include:

  • Providing advice to FirstRand Bank Ltd (First National Bank Zambia Ltd) in the advancement of a US$ 14 million loan facility to Metalco Industries Company Limited.
  • Advising Trinity International LLP in the provision of a US$ 57 million exchangeable bond to Standard Chartered Bank.
  • Acting as local counsel for the lender in arranging a USD128 million syndicated facility to MTN Zambia
  • Acting as local counsel in the USD120 million secured refinancing of Zambia’s largest sugar producer
  • Acting as local counsel in the USD155 million financing of the leveraged buyout of BP’s Africa assets
  • Acting as lead counsel for IFC in the USD10 million collateralized financing for Zambeef Plc
  • Acting for Citibank Zambia Plc in the USD10 million secured financing for Copperbelt Energy Corporation
  • Acting as local counsel in the USD425 million secured refinancing of Lumwana Mining Company

For more information on Musa Dudhia & Co.’s banking and finance expertise, please contact aadudhia@musadudhia.co.zm