Nedbank CIB - Thesele deal announcement

To understand their specific needs and challenges, close collaboration has produced tailored solutions, which has led to the latest refinancing deal. This has empowered Thesele Group's growth potential and bolstered its cash flow, ensuring sustainable future growth.

The deal harnesses Nedbank CIB's expertise in structuring mezzanine funding solutions. Through blending debt as well as equity and mezzanine financing, we have provided more flexibility, which reduced the cost of capital when compared with traditional debt. As such, we’re proud to have empowered Thesele Group's expansion initiatives and the opportunity to drive sustainable growth success.