Lodewyk Meyer is a partner with Baker McKenzie's Banking and Finance Practice Group in Johannesburg.
He is a regular speaker at conferences on Africa trade and export finance, investment into Africa and structured finance. He has published on topics such as warehouse receipt financing, legal risks in doing business in Africa and the use of structured finance techniques in agriculture in various publications, among them Global Trade Review, Africa Investor, and Chambers Magazine.
He has been recognized by Chambers Global, IFLR1000, Legal 500 EMEA and The Best Lawyers of South Africa. He has received citations for two matters he has handled, such as the Trade Finance Deal of the Year 2014: Multi Currency Borrowing Base Facility to a Middle Eastern and Asian Trader in 9 African Countries coordinated by EcoBank Transnational and the Trade Finance Deal of the Year 2016: Borrowing Base Facility to a South African Commodity Producer coordinated by Deutsche Bank London.
His experience includes advising banks, structured trade, credit, insurance and speciality funds, and actors in the commodity value chain in Africa, the Middle East, Asia, Europe and the USA.
Representative Legal Matters
- Acted for an international bank (who acted as the mandated lead arranger, book runner, security agent and account bank on behalf of a group of other banks and lenders) in relation to financing borrowers situated in the UAE in an amendment and restatement agreement relating to a dollar revolving loan facility. The funds will be utilized to finance the procurement and production of agricultural products in African jurisdictions. Given that the transaction entrenched on various security jurisdictions, the lenders interests were secured through complex security structures of charges, debentures and pledges respectively over the assets of the obligors across the various security jurisdictions as per the local law demands of each jurisdiction.
- Acted for an international credit fund in relation to the implementation of a finance facility to a trader specializing in energy and various commodities. The facility will allow the trader to access funds for the procurement, exporting and storage of various inventories such as bulk ores and alloys and other reductants. The procurement of the inventory will then culminate to the sale of inventory to certain pre-approved buyers. In addition to certain challenges we faced with taking security over inventory in Mozambique with the initial facility, the team advised the international credit fund on a similar task in extending the facility in relation to the export of inventory from and storage thereof in Romania.
- Acted for a multilateral development finance institution in relation to a working capital finance facility to four Nigerian borrowers.
- Acted for an international bank in relation to the provision of finance facilities to a commodity trader for the purchase, storage and on-sale of its agricultural commodities and its working capital requirements in Tanzania.
- Acted for a South African bank in relation to an uncommitted receivables discounting facility made available to a South African-based agricultural commodities trader.
- Acted for a European bank in relation to financing a stock of non-ferrous metals and concentrates in South Africa. We further advised the European bank on South African law matters as it related to the granting of a pledge over the commodities over in South Africa and a cession in security agreement financing arrangements made available to its counterpart borrower.
- Acted for a South African bank in relation to a trade finance facility for its Tanzanian manufacturer of food and maize products to refinance some of its existing facilities and general capex requirements.
- Acted for an international credit fund as it related to an uncommitted secured trade finance facility made available to a Mauritian metal trader. The team advised the credit fund further in securing the inventory under a South African pledge and a Mozambican pledge.
Professional Associations and Memberships
- South Africa (1995)
- University of Witwatersrand (Program Senior management development) (2001)
- University of Pretoria (B.PROC) (1993)