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.
Southey Holdings – ZAR1.4 billion management buy-out ,
Standard Bank enabled a consortium led by the management of industrial services provider Southey Holdings to acquire Aureos Capital's effective 49.4% stake in Southey South Africa and its 51.5% share in Southey Mauritius. This was effected by Standard Bank as advisor and sole mandated lead arranger, underwriting a ZAR700 million acquisition financing package that incorporated both senior and mezzanine financing. The complex nature of the transaction required input from no fewer than ten bank functions and departments, including Standard Bank's Mauritius team.
Aspen Pharmacare – USD2.7 billion term loan , , South Africa
Standard Bank utilised its extensive domestic and worldwide networks and unmatched experience in raising large amounts of debt to secure funding of USD2.7 billion for JSE-listed multinational pharmaceutical group, Aspen Pharmacare. The bank acted as sole bookrunner and underwriter of funding amounting to ZAR7.3 billion, used to refinance existing facilities on more favourable terms and to fund the construction of a large manufacturing facility. Standard Bank was joint bookrunner, mandated leader and underwriter of the USD1.985 billion portion of the facility, with these funds being successfully syndicated among a range of international banking institutions and used for a number of large, strategic acquisitions.
Alexander Forbes Botswana – transactional banking services , Botswana
Standard Bank and Stanbic teams operating in South Africa, Africa and Botswana co-operated to offer Alexander Forbes Botswana a compelling suite of transactional banking services with which to facilitate the efficient and reliable administration of pension funds. In terms of an agreement between the parties, Stanbic will undertake collection, payment and cash management services relating to pension funds that are distributed to some 16 000 individuals.
Mota-Engil Angola SA – AOA627 million term loan – Angola – AOA627 million term loan , Angola, Angola
Standard Bank acted as sole arranger for an AOA627 million four-year facility. Mota-Engil engineering and infrastructure multinational’s Angolan subsidiary will use the facility for equipment financing – which is key to its ongoing expansion. Working to tight deadlines, Standard Bank executed the facility, prepared documentation and advised on a range of issues relating to the contractual framework and regulatory compliance.
Standard Bank Group, Africa’s largest bank by assets and earnings has received several prestigious awards in numerous categories in the 2014 Euromoney Real Estate Survey Awards. The awards speak to Standard Bank’s ability to deliver solutions that showcase the group’s real estate expertise and in-depth knowledge across various markets on the African continent.
Standard Bank Group has arranged USD170-million in debt financing to help build a 118-megawatt gas-fired power plant in Ressano Garcia, Mozambique. The finance is the final step in unlocking the gas-to-power value chain being developed across Mozambique.
Standard Bank Group has acted as co-arranger on the City of Johannesburg’s green bond, the first listed green bond in the South African Debt Capital Markets. The bond will be used for environmental and social sustainability projects.
JOHANNESBURG 19 June 2014: Standard Bank has been instrumental in funding more than 940MW of renewable energy as part of Eskom’s Renewable Energy Independent Power Producer Procurement Programme (REIPPP) initiated by government. Of these projects, three were connected to the Eskom grid in 2013 bringing 121.5MW of renewable energy production to the national grid. This is enough to power over 65,000 homes.