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Jackie Pennington

Director
Johannesburg (Protea Place)

+27 (0)11 290 7198

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Jackie Pennington

Summary Profile

Jackie Pennington is a Director in the Finance, Projects and Banking practice. Jackie specialises in acquisition finance transactions, project finance and structured finance and also has extensive experience in litigation.

Career

Jackie began her legal practice career as a Candidate Attorney at Marie-Lou Bester Attorneys in 1997. In 1998, Jackie joined Dogulin Shapiro and Da Silva Inc as an Associate. Jackie moved to Sampson Okes Higgins Inc in 2001 as a Director. In 2003, she took a position at Moss Morris. From 2004, she was a Partner at Tugendhaft Wapnick Banchetti and Partners. Jackie joined Cliffe Dekker in August 2007 as a Director. In September 2008 Jackie became a Director of Cliffe Dekker Hofmeyr.

Education/ Qualifications

BA LLB, University of the Witwatersrand
Date of admission: 1999

Experience

  • Acted as counsel for the lender equity financing transaction to assist BEE entity to acquire shareholding in MB Technologies (Pty) Limited
  • Acted as counsel for the lender in equity financing transaction to assist BEE entity to acquire shareholding in Sasol Limited
  • Acted as counsel for the lender in respect of acquisition finance and related facilities (including factoring facilities) required for a management buy-out of the Robor business from Barloworld
  • Acted as counsel for two financial institutions co-bidding to provide financing required for party bidding to acquire the Edcon Group and thereafter advised financial institution on the finance documents executed in respect of the Edcon transaction, in order to assist in decision to participate in the transaction as an accession lender in the revolving credit facility and the receivables backed facility
  • Acted as counsel for the lender in acquisition finance transaction to assist acquisition by Halberg (an international entity) of the foundries division of Murray & Roberts Ltd

Areas of Expertise

Debt Capital Markets
Finance and Banking
Financial Services

 

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