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- R4bn Tronox deal funds two 100MW solar plants
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- Green energy in the developing world | Nedbank CIB
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- Two wins for sustainable finance leadership | Nedbank CIB
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- Commercial property trends 2022
- Green energy in the developing world | Nedbank CIB
- How sustainable finance creates value
- How the property sector recovered in 2023
- Two wins for sustainable finance leadership | Nedbank CIB
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- There's a new buoyancy around water and sanitation
- What happens when finance meets sustainability?
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- Breaking barriers for energy transition in mining
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Empowering Vodacom's handset finance strategy
Explore Nedbank CIB's role in Vodacom's R1.45 billion handset finance deal
Nedbank Corporate Investment Banking (CIB) has successfully co-arranged and funded a R1.45 billion handset finance syndication transaction for Vodacom, acting as the co-mandated lead arranger. This achievement has solidified Nedbank's position as a trusted financial adviser for this critical transaction, showcasing its expertise in the finance market.
‘We are proud to support the funding of Vodacom's handset finance transactions in 2024. Acting as joint mandated lead arranger, we successfully facilitated a critical funding requirement, highlighting our expertise and commitment in ensuring Vodacom’s continued success,’ says Ilana van Schalkwyk, Sector Lead of Information and Communication Technology at Nedbank CIB.
Key achievements in the R1.45 billion handset finance transaction
This landmark transaction is part of a broader strategy. This year, Vodacom arranged a total of R3.75 billion handset finance. Nedbank CIB has participated in nearly two-thirds of this amount, demonstrating its commitment to business funding and debt financing solutions.
The bank’s innovative approach and deep understanding of the capital markets have enabled it to leverage Vodacom's sophisticated dataset.
‘As co-mandated lead arranger, we are pleased to announce the successful conclusion of R3.75 billion worth of syndications of handset receivable transactions for Vodacom. This achievement highlights the dedication and expertise of our Syndication and Distribution Team, who secured optimal pricing for the concluded transactions, enabling Vodacom to meet its financing objectives. This milestone reaffirms our commitment to delivering bespoke financial solutions that drive our client’ success,’ says Ronelle Singh, Principal of Syndication and Distribution at Nedbank CIB.
Strengthening client partnerships between Nedbank and Vodacom
The partnership between Nedbank and Vodacom exemplifies the importance of strong client relationships in achieving competitive advantage. By providing tailored financial structuring and syndication strategies, Nedbank has positioned itself as a leader in investment banking within the telecom sector. This collaboration has positively impacted Vodacom's balance sheet, enhancing its business strategy and operational efficiency.
Impact on Vodacom’s balance sheet and business strategy
The successful syndication has strengthened Vodacom’s financial standing and aligned with its strategic goals. This transaction is pivotal in enhancing Vodacom's ability to connect people, businesses, and communities in the digital economy.
The handset finance syndication is a key strategic initiative for Vodacom, enabling it to expand market reach and improve customer engagement. This initiative underscores the significance of structured credit in telecom finance.
Nedbank’s competitive advantage in structured products
Nedbank’s participation as the largest funder in this syndication highlights a competitive advantage in structured products. As the digital economy continues to change, the role of finance in supporting technological advancements becomes increasingly critical.
Through its partnership with Vodacom, Nedbank CIB provides expert advice on financing strategies that facilitate Vodacom's digital initiatives. This partnership is crucial for navigating the intricacies of the finance market.
According to Andrew Fok, Principal of Structured Products at Nedbank CIB, ‘the bank is proud to remain the largest funder in Vodacom's handset finance funding in 2024. Our expertise in structuring and delivering complex financial solutions has enabled us to deliver a solution to help Vodacom achieve its strategic objectives. This achievement underscores our commitment to delivering innovative and effective financial services, enabling Vodacom's continued growth and success.’ The structured credit market plays a vital role in telecom finance, providing the necessary capital for companies like Vodacom to innovate and grow. Nedbank CIB’s expertise in this area ensures that Vodacom can thrive in a competitive landscape.
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Successful conclusion of a sustainability R2-billion Tier II bond
Nedbank Corporate and Investment Banking (NCIB) is pleased to announce the successful conclusion of a R2 billion sustainability tier II bond listed on the sustainability segment of the JSE on 7 November 2024.
Published 10 Dec 2024 in nedbank:cib/deals
Strategic partnership secures R4.5 billion for Limpopo's water infrastructure
In a landmark move to address South Africa’s escalating water crisis, Nedbank Corporate and Investment Banking (CIB) has successfully closed a R4.5 billion term loan facility to the Trans-Caledon Tunnel Authority (TCTA) for the Mokolo-Crocodile River Water Augmentation Project Phase 2A (MCWAP-2A). This financial collaboration underscores Nedbank’s unwavering commitment to sustainable development and critical infrastructure projects.
Published 23 Jul 2024 in nedbank:cib/deals
Strategic partnership secures R4.5 billion for Limpopo's water infrastructure
In a landmark move to address South Africa’s escalating water crisis, Nedbank Corporate and Investment Banking (CIB) has successfully closed a R4.5 billion term loan facility to the Trans-Caledon Tunnel Authority (TCTA) for the Mokolo-Crocodile River Water Augmentation Project Phase 2A (MCWAP-2A). This financial collaboration underscores Nedbank’s unwavering commitment to sustainable development and critical infrastructure projects.
Published 23 Jul 2024
Nedbank CIB arranges landmark auction for Stor-Age
As a leading debt capital market arranger in the property sector, Nedbank CIB is proud to announce its role in assisting Stor-Age with the establishment of its Domestic Medium-Term Note (DMTN) Programme and executing its inaugural public bond auction as the sole lead arranger. Stor-Age raised R500 million across two notes of offer, which listed on the JSE on the 18th of April 2024. Nedbank was also appointed in various agency roles on the programme, including the debt sponsor and paying, settlement, transfer, calculation and issuer agent.
Published 04 Aug 2024 in nedbank:cib/deals
Nedbank CIB arranges landmark auction for Stor-Age
As a leading debt capital market arranger in the property sector, Nedbank CIB is proud to announce its role in assisting Stor-Age with the establishment of its Domestic Medium-Term Note (DMTN) Programme and executing its inaugural public bond auction as the sole lead arranger. Stor-Age raised R500 million across two notes of offer, which listed on the JSE on the 18th of April 2024. Nedbank was also appointed in various agency roles on the programme, including the debt sponsor and paying, settlement, transfer, calculation and issuer agent.
Published 04 Aug 2024
