Ian Petherbridge

Director
Norton Rose Fulbright South Africa Inc

Durban
South Africa
T:+27 31 582 5660
Durban
South Africa
T:+27 31 582 5660
Ian Petherbridge

Ian Petherbridge

vCard

Biography

Ian is a director at Norton Rose Fulbright South Africa Inc and looks after the Corporate, Mergers and Acquisitions department in the Durban office.  Ian has been practicing as an admitted attorney of the High Court of Namibia, in Namibia.  Ian is well versed with the legal landscape of Namibia.

Ian specialises in matters pertaining to financial institutions, energy, infrastructure, mining and commodities and technology and innovation and also advises on Namibian law matters.  He has extensive experience in the corporate and investment banking business in Namibia and South Africa. The latter includes advising on corporate banking matters, transactional banking, investment banking, debt capital markets, financial institutions, investor services and global markets.

In addition thereto, Ian is responsible for drafting all legal documentation, implementing risk mitigation policies, ensuring compliance with good corporate governance and applicable procedures and policies, advising the credit department for Corporate and Investment Banking on security structures best suitable for transactions, engaging with senior management on legislative changes and the impact thereof on business, ensuring adherence to the applicable regulatory environment within which financial institutions conduct their affairs.

He is well versed with LMA styled finance documents, security documentation and incidental documentation in respect thereof.

The work undertaken by him in the financial markets includes advising on the structuring of leveraged financing, real estate financing, project financing, acquisition financing as well as all the applicable laws pertaining thereto, and the drafting and negotiation of term sheets.  Ian also regularly advises on escrow products, global market products, such as hedging and foreign exchange transactions.

Ian has undertaken various transactions that are of a cross-jurisdictional and multi-jurisdictional nature and he has also attended to advising as well as prosecuting competition commission matters in relation to the projects.

Ian often represents clients in relation to matters arising from interaction with the Namibian Competition Commission and attends to the drawing of the necessary merger notices and prosecutes the filings with the said regulator.

Ian advised on mergers and acquisitions between telecommunication companies and broadcasting companies. He attended to the negotiating and then drawing of the necessary transactional documentation in regards to international interconnection agreements between telecommunication service providers, which includes multi-jurisdictional transactions of this kind.

Ian also regularly advised on regulatory matters regarding the ICT law in Namibia and moved new applications for telecommunication and broadcasting licenses.

He has been involved in the mining sector of Namibia Since 2007, where he advises international mining houses on various asset and plant upgrades and financing transactions, along with general advice pertaining to mining matters in Namibia as well as M&A's.

He has also advised clients and negotiated numerous commercial and international agreements in fields including information technology, employment, real estate, telecommunications, transport, energy, oil and gas and financing (inclusive of negotiating on the terms of the LMA), corporate restructuring and mergers and acquisitions.

Regularly advised the Namibia Airports Company on regulatory matters pertaining to their operations, as well as negotiation, drafting and advising on agreements pertaining to client's operations.


Professional experience

Expand all Collapse all

2004 - LLB: University of KwaZulu-Natal

2017 - Certificate: Syndicated Loan Market - Sub-Saharan Africa

 

 

  • Attorney qualified in Namibia
  • Notary Public Supreme Court of Namibia
  • Advised the lender and arrangers on a 37 MW Solar photovoltaic plant, the first of its kind in Namibia.  The transaction spread over six jurisdictions.
  • Advised the arrangers in respect of the maiden issue of a medium term note by a DFI in Namibia in the amount of NAD2,5 billion.
  • Advised on the construction and all regulatory requirements of the first solar photovoltaic plant in Namibia, including the funding thereof.
  • Advised on a transaction that received an award from EMEA Finance, as the best power deal of the year in Africa, 2016, which transaction was undertaken in three different jurisdictions.
  • Engaged in the property and real estate sector in Namibia since the end of 2013 to date for one of the largest property groups in Namibia pertaining to all facets of the property and real estate sector and more specifically regarding construction of one of the largest retail centres in Southern Africa and the first of its kind in Namibia.
  • Advised various private equity firms in Namibia on their placement of funds in the market as well as the acquisition of existing entities.
  • Advised entities on the Nambia Stock Exchange listing requirements.
  • Involved in the structuring, financing and acquisition processes, merger notification and all matters incidental to the merger and acquisition by Fed Ex for the acquisition of a local Namibian entity, which transaction spanned multiple jurisdictions.
  • Involved in advising, drawing of agreements, drafting of layman's bills and negotiation with third parties on behalf of various Government Institutions in Namibia.
  • Provided advice to foreign investors in the different spheres of the commercial market, ie retail, oil and gas and electricity production markets.  Assisted with matters pertaining to mergers and acquisitions, due diligences, licences, financing terms and agreements as well as EPC agreements and operating agreements. 
  • Engaged in a due diligence for the possible acquisition of a 100MW photovoltaic solar plant in Namibia. 
  • Advised on front and back end of the possible construction of a 250MW LNG power plant in Namibia.
  • Ian regularly advised the Government of Namibia and State Owned Enterprises.
  • Undertook work for ICT companies, both local and international in respect of the full spectrum of ICT law in Namibia, which work included advising on and drawing the necessary transaction documentation for the first 'private network' from the WACS landing station in Swakopmund to Windhoek, advised on one of the first VOIP services in Nambia, drawing the necessary documentation and attending to the necessary filings with the regulator.
  • Advised on acquisitions of some of the largest food and clothing retailers in SADC on the sale of its assets to foreign investors.

Winner of client counselling competition in Namibia in 2006.  Represented Namibia in Sydney, Australia at the Louis M Brown International Client Counselling Competition in 2007.

Member of the Commercial Law Committee of the Law Society of Namibia (2016 to 2018).

Lecturer at the Justice Training Centre on corporate and commercial law to candidate attorneys undertaking their board exams (2014 to 2018).

 

  • Afrikaans
  • English
  • German