Lodewyk Meyer

Lodewyk Meyer

Partner
Baker & McKenzie

Biography

Lodewyk Meyer is a partner in Baker McKenzie's Banking and Finance Practice Group in Johannesburg.

Lodewyk covers all aspects of lending and is recognised as a leading lawyer in the field of structured trade and commodities finance.

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.

He is a regular speaker at conferences on Africa trade and export finance, investment into Africa and structured finance, as well as on the financing and structuring of agri finance at conferences such as GTR (GTR West Africa, East Africa, Southern Africa and GTR US, Europe and UK) as well as TXF.

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.

Lodewyk is recognised by Chambers Global, IFLR1000, Legal 500 and Best Lawyers of South Africa. He received citations for three matters that he handled, being Trade Finance Deal of the Year 2014: Multi Currency Borrowing Base Facility to a Middle Eastern and Asian Trader in nine African countries coordinated by Ecobank Transnational, Trade Finance Deal of the Year 2016: Borrowing Base Facility to a South African Commodity Producer coordinated by Deutsche Bank London, and GTR Best Deal of 2021: Aspen Group's EUR 600 million cross-border financing package to assist in bolstering Africa's vaccine supply chain.

Lodewyk was part of Baker McKenzie’s Africa-focused Banking & Finance team that won the GFC Media Group’s Bonds, Loans & Sukuk Africa Award for Banking & Finance Legal Adviser of the Year 2021. The multijurisdictional team won the prestigious Legal Adviser of the Year award as a result their significant growth over the past 12 months, their work on ground-breaking financial transactions across the continent, and their strong client relationships in the African financial institutions industry, which have been particularly important in a year when so many have been adapting to the stresses of the pandemic.

In January 2022, the Africa-focused Banking & Finance team, which included Lodewyk, also won the EMEA Finance African Banking Awards Best Law Firm in Africa Award for 2021. According to EMEA Finance, Baker McKenzie received the award due to its "very strong showing in a very challenging and complex year."

Practice Focus

Lodewyk cover all aspects of lending and is recognized as a leading lawyer in the field of structured trade and commodities finance.

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

  • Law Society of South Africa - Member

Admissions

  • South Africa (1995)

Education

  • (Program Senior management development) (2001)
  • University of Pretoria (B.PROC) (1993)

Languages

  • Afrikaans
  • English