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Enabling South Africa’s first ever sustainability-linked TMT loan with Vodacom

30 Jan 2020

Country
South Africa
Year
2020
Sector
Telecoms Media and Technology
Business Unit
Sustainable Finance
Specific Role
Sustainability Agent & Lead Arranger & Lender

Standard Bank has played an instrumental role in delivering the first ever sustainability-linked loan in South Africa’s TMT sector.

As the arranger, lender and sustainability agent on this deal, we facilitated a R2 billion loan facility that aligns Vodacom’s sustainability incentives with its financing structure – assisting the telecoms giant in meeting their predetermined sustainability targets over a range of environmental, social and governance metrics. 

Africa means business, and if you do too, find out how we can bring your unique sustainability aspirations to fruition, by broadening your investor base and uncovering opportunities for growth.