At Corporate & Investment Banking we aim to be the leading corporate and investment banking business in, for and across Africa, with a deep specialisation in natural resources.
We provide services to governments, parastatals, larger corporates, financial institutions and international counterparties around the world, and serve our clients requirements for banking, finance, trading, investment, risk management and advisory services.
Impala Platinum Holdings Limited (Implats) USD 500 million dual currency convertible bond, South Africa
Standard Bank acted as joint bookrunner and debt sponsor to Impala Platinum Holdings Limited (Implats) raising USD 500 million in both rand and US dollar. Our ability to distribute across markets was an integral part of the success of this landmark capital market transaction.
Pembani’s acquisition of a strategic interest in Afrisam, South Africa
Standard Bank acted as financial advisor and investment bank to Pembani on their acquisition of a strategic interest in Afrisam. Our breadth of products and unique local insights enabled us to navigate this complex transaction. Together, with Pembani, we secured a deal that’s building business, our country and the continent at large.
Standard Bank acted as Mandated Lead Arranger in a USD1.5 billion, 5 year syndicated loan facility to fund Sonangol Finance Limited’s purchases of receivables from Sonangol under a Receivables Purchase Agreement.
In April 2012, Standard Bank was appointed as the Mandated Lead Arranger and Bookrunner on a fully underwritten USD150 million Fertiliser CMA.
Standard Bank wins inaugural award for Best Bank for South African Rand at FX Week Best Bank Awards 2013
Standard Bank Group, Africa’s largest lender by assets, has won the inaugural award for Best Bank for the South African Rand at the FX Week Best Bank Awards 2013. Standard Bank is South Africa’s leading market maker and largest rand trader operating from 30 dealing rooms across the globe with 24 hour access highlighting the bank’s trading capability.
South Africa’s corporate bond market remains resilient despite the series of sovereign downgrades experienced by the country over the past year. Standard Bank Group estimates that total debt issuance in the South African market (excluding government) this year is likely to remain on par with the record sales of approximately R120-billion (US$12.2-billion) seen in 2012. That compares with total non-government debt issuance of about R40-billion in 2006.
Standard Bank Group, Africa’s largest lender by assets, has been named the continent’s Best Investment Bank for the sixth consecutive year in EMEA Finance’s 2013 Africa Banking awards.
Stanbic IBTC has been appointed as the local custodian of the Nigerian Sovereign Wealth Fund by the Nigeria Sovereign Investment Authority (NSIA). This appointment was made following a rigorous exercise by NSIA. The fund is the third-largest sovereign wealth fund in sub-Saharan Africa.