Tracy-Lee Janse van Rensburg

• Banking and financial services regulation
• Debt capital markets
• Exchange Control
• Leverage and acquisition finance
• Leveraged management buy-outs
• Project and limited recourse finance
• Public offerings and private placements
• Securitisation
• Structured finance transactions
• Syndicated and bilateral financing structures

Experience on Note Programmes includes:

• Represented 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;
• Represented 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;
• Represented the 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 ZAR5 billion and the issue of various tranches of notes thereunder;
• Represented 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 ZAR10 billion and the issue of various tranches of notes thereunder;
• Represented 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 ZAR32 billion South African Guaranteed Domestic Medium Term Note Programme and the issue of various tranches of notes thereunder;
• Represented 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 ZAR15 billion domestic medium term note programme and the issue of notes thereunder;
• Represented BidvestCo Ltd and Bidvest Group Ltd in relation to the establishment of their ZAR4.5 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;
• Represented Absa Bank Limited, in its capacity as Arranger and Dealer, under the ZAR4 billion domestic medium term note programme established for the Ekurhuleni Metropolitan Municipality and the issue of various tranches of notes thereunder;
• Represented 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;
• Represented the 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, Amber House Fund 2 (RF) Limited, Amber House Fund 3 (RF) Limited and Amber House Fund 4 (RF) Limited; and
• Represented the 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 Siykha Fund (RF) Limited, Blue Granite Investments No. 1 (RF) Limited and Blue Granite Investments No. 2 (RF) Limited.

• B Com LLB (Rand Afrikaans University)
• Diploma in Advanced Labour Law (Rand Afrikaans University)
• Advanced Diploma in Banking Law (Rand Afrikaans University)
• Diploma in Insolvency Law (cum laude) (Rand Afrikaans University)
• Diploma in Corporate Law (cum laude) (Rand Afrikaans University)
• Certificate in Compliance Management (Rand Afrikaans University)
• 2010: Director, Werksmans

• Ranked as a highly regarded practitioner by IFLR 1000 | Banking | Capital Markets: Debt | 2020 - 2022
• Ranked as a rising star by IFLR 1000 | Banking | Capital Markets: Debt | 2018 - 2019