Brenda Ntambirweki is a senior associate based in Kuwait and has been with the firm since 2014. Prior to joining ASAR, Brenda practiced in Uganda for five years.
Brenda has extensive experience in corporate/M&A and banking and finance, including representing clients in the processes involved with corporate acquisitions and corporate restructuring, advising clients on structuring corporate vehicles for undertaking acquisition transactions, advising various local and international lenders on their conventional and Islamic finance transactions, including local and cross-border corporate finance transactions and asset finance (with a focus on aircraft lease and finance), and debt restructuring.
USD3.4-billion acquisition of 93.4% of Kuwait Food Company (Americana)
Brenda was part of the team that acted for Adeptio AD Investments on its landmark purchase of a 93.4% stake in Kuwait Food Company (Americana) valued at an estimated USD3.4-billion. Her role included advising on acquisition structuring, buyer-finance structuring; transaction documentation; competition/anti-trust law and the mandatory takeover process. This transaction is a landmark and precedent setting transaction in Kuwait given the nature and size of the deal, which was more than two years in the making and involved major stakeholders, including some of the world’s leading banks and investment advisors.
USD2.25-billion acquisition of 21.9% of Mobile Telecom Company KSCP
Brenda was part of the team that acted for Oman Telecommunications Company SAOG in relation to its acquisition of 21.9% of Mobile Telecommunications Company KSCP, valued at USD2.25-billion. Her role included advising on all aspects of Kuwaiti law with regards to the transaction; advising on acquisition structuring; advising on buyer-finance; and advising on transaction documentation.
Advising on aviation finance and lease transactions
Brenda routinely advises several lessors, lenders and airline operators on their aircraft finance and lease transactions. Notable transactions include advising AWAS Aviation Limited on the lease of 12 Airbus aircraft to a Kuwaiti operator, advising Dubai Islamic Bank and Air Arabia on the sub-lease of aircraft to a local aircraft leasing company, advising Aercap Holdings on its lease of aircraft to a local aircraft leasing company, GE Capital Aviation Services Limited on its lease of aircraft to Jazeera Airways KSCP, advising Gulf International Bank PJSC on the sale of FIVE Airbus aircraft, advising DVB Bank SE, London Branch on the lease of aircraft to ALAFCO Aviation Lease and Finance Company KSCP.
USD825-million financing for new passenger terminal at Kuwait Int. Airport
Brenda acted for Limak İnşaat Sanayi Ve Ticaret AŞ on KWD249.2-million (approximately USD825-million) syndicated facilities for the construction of a new passenger terminal at the Kuwait International Airport, including advising on transaction documentation and generally advising on the transaction from a Kuwaiti law perspective. Limak was awarded the reported USD4.3-billion contract by the Ministry of Public Works to construct the new state of the art passenger terminal at the Kuwait International Airport in 2018. The new terminal is expected to increase passenger capacity up to 50 million annual passengers upon its completion.