Johannesburg
+27 11 535 8227
Tracy – Lee Janse van Rensburg is a Director, practising in the Banking & Finance, Technology & Innovation and Regulatory practice areas. She specialises in banking and financial services regulation; debt capital markets; leveraged and acquisition finance; leveraged management buy-outs; securitisation; and syndicated and bilateral financing structures. Additionally, Tracy-Lee, has an array of expertise across the Financial Intelligence Centre Act, Consumer Protection Act, Financial Sector Regulation Act, Cybercrimes Act, Banks Act, National Credit Act, Financial Advisory and Intermediary Services Act, Protection of Personal Information Act, Promotion of Access to Information Act, Public Finance Management Act and Regulation of Interception of Communications and Provision of Communication-Related Information Act. She holds several qualifications: a BCom LLB; a Diploma in Advanced Labour Law; an Advanced Diploma in Banking Law; a Diploma in Insolvency Law (cum laude); a Diploma in Corporate Law (cum laude); and a Certificate in Compliance Management.
• Life Healthcare on its disposal of 100% of its interest in its European based diagnostics business Alliance Medical Group (AMG) to iCON Infrastructure including in respect of the negotiation of the sale agreement, the approvals necessary under South African law to implement the sale and the restructure of some of Life's South African and offshore debt (including amendments to its bond programme). This deal was awarded by DealMaker's as Deal of The Year (2023).
• the dealer managers and solicitation agents on the South African law aspects in relation to the exchange offer issued by Edcon Bondco Ltd and Edcon Holdings Ltd to noteholders in respect of the outstanding €425 million senior notes due in 2019
• the South African guarantors and obligors under the Petra Diamonds US$ Treasury Plc senior secured second lien notes offering in the sum of €300 million
• Standard Bank of South Africa Limited, in its capacity as Arranger and Dealer, under the domestic medium term note programme established for Liberty Group Ltd in an amount of ZAR 5 billion and the issue of various tranches of notes thereunder
• Absa Bank Limited, in its capacity as Arranger and Dealer, under the domestic medium term note programme established for the Land and Agricultural Bank Development Bank of South Africa in an amount of ZAR 10 billion and the issue of various tranches of notes thereunder
• Absa Bank Ltd (acting though its Absa Capital division), FirstRand Bank Ltd (acting through its Rand Merchant Bank division) and Vunani Capital (as co-lead arrangers) and the South Africa National Roads Agency Ltd (as issuer) on the establishment of its ZAR 32 billion South African Guaranteed Domestic Medium Term Note Programme and the issue of various tranches of notes thereunder
• Absa Bank Ltd (acting through its Absa Capital division), in its capacity as Arranger and Dealer and the Development Bank of Southern Africa (in its capacity as issuer) on the establishment of a ZAR 15 billion domestic medium term note programme and the issue of notes thereunder
• BidvestCo Ltd and Bidvest Group Ltd in relation to the establishment of their ZAR 4.5 billion domestic medium term note programme. Advised FirstRand Bank Ltd (acting through its Rand Merchant Bank division), in its capacity as Dealer, on the issue of notes under the programme
• Absa Bank Limited, in its capacity as Arranger and Dealer, under the ZAR 4 billion domestic medium term note programme established for the Ekurhuleni Metropolitan Municipality and the issue of various tranches of notes thereunder
• Absa Bank Ltd, in its capacity as Arranger and Dealer, in connection with a ZAR 1.2 billion asset backed note programme for NBC Pension Backed Lending (Pty) Ltd
• Standard Bank of South Africa Limited, as Arranger and Dealer, in relation to the update of a number of residential mortgage backed note programmes under the auspices of Siyakha Fund (RF) Limited, Blue Granite Investments No. 1 (RF) Limited and Blue Granite Investments No. 2 (RF) Limited
• Standard Bank of South Africa Limited, as Arranger and Dealer, in relation to the establishment of a number of residential mortgage backed note programmes for SA Home Loans Proprietary Limited under the auspices of The Thekwini Fund 10 (RF) Limited, The Thekwini Fund 11 (RF) Limited, The Thekwini Fund 12 (RF) Limited, The Thekwini Fund 13 (RF) Limited, The Thekwini Fund 14 (RF) Limited, The Thekwini Fund 15 (RF) Limited, The Thekwini Fund 16 (RF) Limited, The Thekwini Fund 17 (RF) Limited, The Thekwini Fund 18 (RF) Limited, Amber House Fund 2 (RF) Limited, Amber House Fund 3 (RF) Limited, Amber House Fund 4 (RF) Limited, Amber House Fund 5 (RF) Limited, Amber House Fund 6 (RF) Limited and Amber House Fund 7 (RF) Limited
• Standard Bank of South Africa Limited, as Arranger and Dealer, in relation to the update of a number of residential mortgage backed note programmes under the auspices of Siyakha Fund (RF) Limited, Blue Granite Investments No. 1 (RF) Limited and Blue Granite Investments No. 2 (RF) Limited
• SA Home Loans Proprietary Limited, as Arranger, in relation to the establishment, update and amendment of a number of residential mortgage backed note programmes under the auspices of Milkwood Home Loans (RF) Limited, The Thekwini Fund 9 (RF) Limited, The Thekwini Fund 13 (RF) Limited, Amber House Fund 2 (RF) Limited, Amber House Fund 3 (RF) Limited, Amber House Fund 5 (RF) Limited, Amber House Fund 6 (RF) Limited and Amber House Fund 7 (RF) Limited
• Crimson Castle (RF) Proprietary Limited and SA Home Loans Proprietary Limited, in the capacity as the borrower's local counsel, in relation to the negotiation of funding made available by Absa Bank Limited, which included negotiating the funding agreement together with the relevant security package
• Structured Mezzanine Investments Proprietary Limited, together with ancillary members in the group, in the capacity as the borrower's and guarantors' local counsel in relation to the funding made available to Structured Mezzanine Investments and/or other members of the group by, inter alia, Absa Bank Limited, Nedbank Limited and The Standard Bank of South Africa Limited, which included negotiating the terms and conditions of the funding agreement together with the relevant security package
• Shoprite Investments Limited, Shoprite Checkers Proprietary Limited and other members of the group, in the capacity as the borrower's and guarantor's local counsel, in relation to the negotiation of various facilities made available to the group by, inter alia, Absa Bank Limited, Standard Bank Limited and FirstRand Bank Limited, acting through its Rand Merchant Bank division
• Standard Bank of South Africa Limited and BMW Financial Services (South Africa) Proprietary Limited, in relation to the establishment, update and amendment of an asset backed note programme for SuperDrive Investments (RF) Limited
Assisted:
Certificate in Compliance Management, Rand Afrikaans University, 2004