Banking & Finance - Kenya
What the team is known for
Anjarwalla & Khanna is renowned for its distinguished banking group and stellar reputation for corporate and project financing. The firm is highly adept in the handling of sophisticated lending mandates, notably coordinating with other Africa Legal Network member firms on multi-jurisdictional matters. Frequently sought out for its expertise in all aspects of debt and equity finance, the team is consulted by a range of leading financial institutions, export credit agencies and commercial banks, as well as borrowers. Additionally, its lawyers are instructed by public bodies for their counsel concerning financial instruments. The department has also demonstrated proficiency in syndicated loans and Islamic financing, as well as significant restructurings.
Strengths
"Anjarwalla & Khanna is a winning team; the lawyers come prepared, on time, and are armed with information and knowledge that is relevant to our issues."
"The lawyers' skill set is unmatched."
Work highlights
The firm advised the IFC's Africa Medical Equipment Facility on a risk sharing agreement with project finance institutions concerning an increase in lending to healthcare SMEs.
Notable practitioners
Sonal Sejpal is an acknowledged luminary in Kenya, with her highly prized skills sought out by a range of domestic and international clients, including major retail and commercial banks, DFIs and investment funds. She has standout experience advising on Tanzania-related mandates. Sejpal is also recognised for her expert handling of restructuring and insolvency matters. "Sonal Sejpal asks the right question and offers on-the-spot advice, which can be a game changer for any organisation that engages her."
Akash Devani is an experienced banking lawyer with notable expertise in syndicated lending and project finance. Based in Mombasa, he has a particularly strong following of lender-side clients, covering both domestic and multinational banks.