01
Government of Kenya (National Treasury)
Acted on the structuring and execution of a US$2 billion Eurobond restructuring and an international sovereign bond issuance of US$1.5 billion.
At the intersection of Kenya's evolving financial sector and the cross-border transactions that define it.
Overview
We advise commercial banks, development finance institutions, multilateral lenders, sovereign borrowers and corporate issuers on the full range of financing mandates in the market. The team brings deep familiarity with the regulatory frameworks of the Central Bank of Kenya and the Capital Markets Authority, combined with an understanding of international market practice that enables seamless execution of sophisticated cross-border transactions.
Our experience spans sovereign debt, including Eurobond issuances, to landmark capital markets transactions, and extends across infrastructure finance, lending and debt restructuring.
What we advise on
9
Selected mandates
01
Government of Kenya (National Treasury)
Acted on the structuring and execution of a US$2 billion Eurobond restructuring and an international sovereign bond issuance of US$1.5 billion.
02
Government of Kenya (National Treasury)
Advised on liability management operations: a tender offer for the buyback of US$1,000,000,000 Notes due 2028 and the issuance of new dual-tranche US$1,500,000,000 Notes.
03
Privatisation Authority and Kenya Pipeline Company
Advising on the privatisation of KPC through an IPO proposing the disposal of a 65% National Treasury stake, targeting approximately KES 100 billion.
04
Stanbic Bank Kenya
Advised on a USD 170 million facility to one of East Africa's fastest-growing oil marketing companies, with a complex multi-asset collateral structure.
05
Kenya Mortgage Refinance Company
Advised on structuring and implementing refinance facilities to participating primary mortgage lenders.
06
KCB Bank Kenya
Advised on a USD 4.2 million term loan to Stabex International for a prime Nairobi property acquisition, structuring a four-step security process and a deed of assignment of rental income.
07
Engie Energy Access Kenya and Ignite Power
Local counsel on a USD 50,000,000 facility from the Eastern and Southern African Trade and Development Bank (TDB).
08
A state corporation in the healthcare sector
Advised on a proposed KES 10 billion composite credit facility, navigating the State Corporations Act and the Public Finance Management Act.
The team
Claudeta Malonza, CPS(K)
Head of Real Estate, Banking & Finance
Eric Gumbo, MBS
Managing Partner
Doreen Onwong'a
Partner & Head of Corporate & Commercial
Celestine Chweya
Associate, Real Estate, Banking & Finance
Gertrude Mulinge
Associate, Real Estate & Finance
Jonathan Koskey
Associate, Corporate & Commercial
Karen Koech
Associate, Corporate & Commercial
Loice Thiongo
Associate, Banking & Finance
Insights
We are pleased to share our publication on the Capital Markets (Licensing Requirements) (General) Regulations, 2025.
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