Danny Andropoulos

Director

  Johannesburg

  +27 11 535 8248

  +27 11 535 8676

  dandropoulos@werksmans.com

Danny Andropoulos is a Director and advises in the Banking & Finance and Corporate Mergers & Acquisitions practice areas. He specialises in various aspects of banking and finance including the restructure of financially constrained and/or distressed companies, asset finance, acquisition and leveraged finance, preference share transactions and solvent corporate debt restructure, acting variously for lenders (in both the single lender and in the syndicated lender environment) and borrowers. He also has deep experience in merger and acquisition transactions in which he provides advice in relation to structuring, shareholder arrangements and management participation. Danny is recognised by various local and international research organisations for his expertise in banking and finance and mergers and acquisitions.

Years of Experience: 38 years

  • Banking & Finance
  • Corporate Mergers & Acquisitions
  • Insolvency & Business Rescue
  • Solvent Restructures of financially distressed entities
  • All aspects of merger and acquisition transactions involving both listed and private companies, including structuring advice, shareholder arrangements, management participation and broad based economic empowerment structures.
  • All aspects of banking and finance transactions including asset finance, acquisition and leveraged finance, preference share transactions and corporate debt restructure, acting variously for lenders (in both the single lender and in the syndicated lender environment) and borrowers.

Advised / Represented / Acted on behalf of:

  • Dawn Ltd in the disposal of its shareholding interests in certain of its subsidiary companies (2018).
  • the Purchaser of the House of Busby enterprise in that acquisition (2018-2019).
  • the South African and International consortium of lenders in the Edcon Ltd restructure (2018-2019).
  • Basil Read Ltd (and its subsidiaries) in its negotiations with lenders and other creditors for purposes of achieving a debt standstill and the provision of bridge funding and thereafter in its business rescue and the disposal of its assets (2018-2019).
  • ELB Engineering Services (Pty) Ltd in its business rescue (2019-2021).
  • Group Five Ltd (and its subsidiaries) in its negotiations with lenders and other creditors for the purposes of achieving a debt standstill  and the provision of bridge funding and thereafter in its business rescue, the procurement of post-commencement finance and in the disposal of its assets (2018-2022).
  • Consolidated Infrastructure Group Ltd and certain of its subsidiaries in its negotiations with lenders and other creditors for the purposes of achieving a debt standstill  and the provision of bridge funding, and thereafter in its business rescue, the procurement of post-commencement finance and in the disposal of its assets (2020-2022).
  • Afgri in its dealing with its various lenders in the course of its recapitalization and restructure (2020-2021).
  • IDC in relation to the provision of post-commencement finance to the Busmark group of companies and general advice in relation to IDC's rights as a creditor of the Busmark group (2021-2022).
  • Tongaat Hulett's board and thereafter its business rescue practitioners, in its attempted solvent restructure and thereafter its business rescue in all of its facets
  • for noteholders of JSE-listed packaging group, Nampak, which concluded credit-approved term sheets with revolving credit facility and term loan lenders and US private placement noteholders for a favourable refinancing package

Education:

  • Higher Diploma in Tax, University  of Johannesburg, 1994
  • Admitted as an Attorney, 1985
  • LLB, Rhodes University, 1983 
  • BA, Rhodes University, 1981

​Career:

  • 1985 -1998 partner, Maisels Smit & Lowndes
  • 1999 - 2017 founding director, Prinsloo Tindle & Andropoulos Inc
  • 2017 - present, director Werksmans Attorneys
  • Ranked lawyer by Chambers Global | 2024 | Banking & Finance (Band 2)
  • Ranked as a highly regarded practitioner by IFLR 1000 | 2022 | Banking
  • Ranked lawyer by Chambers Global | 2017 – 2023 | Corporate/M&A (Band 4) and Banking & Finance (Band 2)
  • Ranked as a leading practitioner by Legal 500 | 2017 – 2023 | Banking and Finance
  • Named as a recommended lawyer in Who's Who Legal | 2017 – 2023 | M&A and Governance
  • Named as a recommended lawyer by Best Lawyers | 2017 – 2023