Sustainable Finance

Stanbic Bank Kenya is pleased to announce that it has provided USD25.9 million in funding to Call Centre International (CCI) Global for the completion of a new state-of-the-art green mixed-use commercial development located in Tatu City, Kenya.

As Africa’s largest bank by assets, Standard Bank is proud to announce that it has successfully concluded a R600-million sustainable finance funding solution with China National Building Materials International (Pty) Ltd (CNBM) that will enable the company’s solar and energy storage solutions business in South Africa.

Standard Bank issued a sustainability-linked bond, embedding targets linked to the financing of renewable energy and projects with positive social impact. The bank tapped three existing notes (SBSL01, SBS81 and SBS82) for a total volume of ZAR2.45 billion across 2.7-, 4.7- and 6.7-year notes in a senior, unsecured, floating rate format.

Growthpoint Properties, the largest South African primary real estate investment trust listed on the Johannesburg Stock Exchange, raised ZAR1 billion in a Green senior unsecured bond through a private placement. Standard Bank acted as the sole arranger as well as the sustainability and structuring agent for the deal.

Standard Bank is proud to announce that it has assisted local retail-focused real estate investment trust (REIT) Resilient in raising their first green loan worth R700 million.

Standard Bank supports TASC’s efforts to reduce emissions, preserve biodiversity and improve the health and well being of rural communities through the funding of its efficient cookstove program.

Standard Bank is proud to announce that it has provided the STANLIB Infrastructure Fund of Funds, managed by STANLIB Asset Management, with a revolving credit facility solution to fund future infrastructure and sustainable energy investments.

Standard Bank is proud to announce that it has partnered with Sea Harvest to provide the company with a R175-million working capital facility embedding sustainability targets to incentivise the company to further its ESG ambitions. This transaction is the first of its kind in the Fisheries sector within the broader Consumer sector.

Standard Bank is excited to announce its efforts towards sustainability-linked financing have been bolstered as we have signed off a $75 million multicurrency revolving credit facility and a $25 million sustainability-linked term debt facility for the Private Infrastructure Development Group (PIDG) company Emerging Africa Infrastructure Fund (EAIF)

Standard Bank is proud to announce that it has advised Scatec and STANLIB in establishing a new renewable energy platform called Lyra Energy.

Standard Bank is proud to announce that it has jointly provided African private debt firm, Norsad Capital Limited with a ZAR680 million 6-year sustainability-linked term loan to assist with its growth ambitions and impact investment goals.

Stanbic Bank Kenya has provided a commitment in Greenlight Planet Kenya’s $130m local currency securitisation and in a $20m local currency borrowing base facility.

Standard Bank is proud to announce that it has partnered with Spear REIT Limited to provide them with a R230-million sustainability linked loan which embeds key sustainability focus areas into their funding.

Standard Bank of South Africa is proud to announce it has issued its first R1.4 billion sustainability-linked bond listed on the JSE’s sustainability segment. This is the first sustainability-linked bond issued out of the financial sector in the country.