Our debt capital markets and derivatives team provides banks, governments and pubic authorities, clearing houses, asset and investment managers, funds as well as a large variety of institutional investors and corporate clients with a wide range of transactional and advisory services for all aspects of debt capital markets and derivatives transactions involving South Africa and other African countries.
In a fast-changing investment and regulatory environment there is a clear need to find workable flexible solutions. Our team forms a part of CMS’ International Capital Markets practice and handles with the support of over 70 offices globally and a network of firms in other African countries all phases of your transactions, from negotiation and documentation, through the structuring, development and restructuring of debt instruments and derivatives.
We are actively following and advising on the regulatory, fintech and other developments that impact the debt and derivative markets in order to be at the forefront of the latest technical and market innovations.
Debt capital markets
The debt capital market transactions on which we regularly advise include:
- debt instrument investments and disposals
- debt instrument listings
- debt programmes
- debt liability management
- equity-linked debt instruments
- exchange offers and restructurings
- high yield debt
- hybrid and subordinated debt instruments
- standalone debt issuances
On the derivatives front we work with our clients to develop structures that satisfy both their business strategy and the appropriate legal and regulatory requirements. It includes the more standard types such as foreign exchange, commodities and interest rate derivatives, credit derivatives as well as more exotic products, and our activities include:
- collateral structures
- derivatives regulatory and capacity advice and legal opinions
- documenting OTC and exchange traded derivatives transactions
- finance-linked hedging transactions
- repos, stock loans and margin loan transactions
- structured notes