Standard Bank supports Metair with strategic funding solution to drive financial resilience and overall corporate growth strategy
12 May 2025
Metair Investments Limited is a diversified industrial group which supplies original equipment components for vehicle assembly, as well as spare parts and related products, to major manufacturers such as Toyota SA and Ford SA. Through its support of local manufacturing and exports to global markets, Metair plays a key role in the automotive value chain. With over 14 000 employees and contractors, the group plays a critical role in sustaining employment and enabling the African mobility sector.
In 2024, Standard Bank acted as debt advisor in phase 1 of Metair’s balance sheet restructuring. As part of this initial phase, the bank provided a R2 billion bridge facility to rebalance shareholding at one of Metair’s key subsidiaries. This strategic facility enabled Metair to stabilise internal ownership while progressing towards its broader financial goals.
Building on this partnership, in 2025, Standard Bank was appointed as Global Coordinator and Mandated Lead Arranger for phase 2 of the restructure. The deal included coordinating the refinancing of Metair’s existing debt across multiple lenders and entities, ensuring timely execution ahead of the company’s year-end reporting.
Standard Bank’s leadership and integrated execution across products resulted in the bank being named Facility Agent in the R3.9 billion transaction for Metair SA Group.
The R3.9 billion structure comprises a 5-year amortising term loan, revolving credit facility (RCF), mezzanine debt and on-demand working capital, of which Standard Bank contributed the majority.
This bespoke funding solution strengthens Metair’s capital structure and positions the group to execute on its strategy of operational excellence, sustainable growth and market expansion.
Through this transaction, Standard Bank reaffirms its ability to deliver innovative investment banking solutions and build long-term strategic partnerships that support industrial growth, employment and appropriate funding solutions.