Capital Markets
Global Guide 2024 : Africa-wide
Band 3
About
Provided by Baker McKenzie
Baker McKenzie's capital markets team based in Johannesburg, Cairo, Casablanca and London (supported by our African Relationship Firms in those countries where we do not have an office) have a longstanding reputation as a leading firm for advising high quality African issuers on raising capital on the global financial markets. This type of work is far more complex than raising capital for an AAA-rated UK LSE listed company. This is because many African issuers face a tougher political and economic environment and are often conducting their debut offerings in the capital markets. African deals also tend to entail more difficult diligence issues and may also require the involvement of a broader range of lawyers (e.g. sanctions and tax lawyers).
We have become leaders in providing clients with practical advice on cross-border transactions due to our unrivalled presence in nearly every major and emerging market country with a stock exchange. Cross-border securities listings continue to be an attractive option for companies looking to gain access to a new pool of investors, raise capital or increase their profile. Our global Cross-Border Listing Guide is very well received by clients and the marketplace, including leading to television and radio interviews for our partners, and illustrates our deep knowledge of the market acquired from being a serious actor in the marketplace.
Chambers Review
Baker McKenzie is home to a commendable capital markets practice group, benefiting from both its broad global reach and its network of African offices in Cairo, Casablanca and Johannesburg. The team has experience acting on the full range of equity and debt capital markets, including high-yield debt issuances and IPOs, with further expertise in green bonds. The firm frequently represents commercial and development banks, as well as other financial institutions and corporations.
London-based Adam Farlow is global head of capital markets and a key point of contact.
Work Highlights
- The Cairo office of Baker McKenzie advised Pioneers Properties for Urban Development on a real estate securitisation valued at EGP292.5 million.
Strengths
Provided by Chambers
"In Egypt in particular, Baker McKenzie's market knowledge is very deep and they are on top of any commercial issues raised."
"In Egypt in particular, Baker McKenzie's market knowledge is very deep and they are on top of any commercial issues raised."