Baker McKenzie’s Africa team wins Banking and Finance Legal Advisor of the Year

Baker McKenzie’s Africa team wins Banking and Finance Legal Advisor of the Year

Global law firm Baker McKenzie has received GFC Media's Bonds, Loans & ESG Capital Markets Africa Banking & Finance Legal Adviser of the Year award for 2023. The firm also advised on four Deal of the Year transactions, showcasing the firm's impressive multi-jurisdictional client mandates in Africa.

The firm advised on the following Deal of the Year winners:

The Local Currency Sovereign, Supra & Agency Bond Deal of the Year - awarded to the Development Bank of South Africa (DBSA) for its ZAR 3 billion senior unsecured green bond private placement to PIMCO. Baker McKenzie advised Standard Chartered Bank as structuring advisor and placement agent on this transaction. DBSA is a leading development finance institution with the mandate to promote economic growth as well as regional integration for sustainable development projects and programmes in South Africa, the Common Market for Eastern and Southern Africa and the Southern African Development Community.

The Project Loan Deal of the Year - awarded to the Canal Sugar’s USD 700 million multi-tranche syndicated project financing of a large-scale agricultural farm located at Minya, Egypt. Baker McKenzie’s cross-border team in Cairo and Dubai acted as Egyptian, English and UAE law counsels to the lenders. The syndication was led by