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Absa shines in sustainable finance awards

Absa shines in sustainable finance awards
16-03-23 / Tommy Jackson

Absa shines in sustainable finance awards

Johannesburg - Absa Corporate and Investment Banking (CIB) has once again validated its credentials as Africa’s leading Pan-African corporate finance and investment bank as it was recognised at the 2023 Bonds, Loans & ESG Capital Markets Africa Awards.

The bank won in the categories Bank Treasury & Funding Team of the Year, West Africa Investment Bank of the Year, as well as the ESG Loan Deal of the Year for the Harmony Gold ZAR 10.4bn Multi-Tranche, Multi-Currency (ZAR 2,5bn RCF, USD 300m RCF, USD 100m Term Loan) Sustainability-Linked Syndicated Loan that was finalised in May 2022.

“We are gratified by this recognition, showcasing that we have the expertise, capabilities and balance sheet to undertake significant deals on the continent, especially our track record on leading sustainable finance and ESG solutions offerings in the markets,” says Narisa Balgobind, Head of Africa Debt at Absa CIB.

Balgobind continues: “We bring a competitive advantage in that we not only have experience and feet on the ground in Africa, but we are also able to deliver globally recognised solutions.”

Bonds, Loans & ESG Capital Markets Africa is the continents only Pan-African debt event bringing together local and international banks, borrowers, issuers, investors, and financial service providers from across the African continent. Now in its 12th year, Bonds, Loans & Sukuk Africa has become a must attend event for anyone involved in borrowing, raising capital, advising on, or investing in Africa’s debt markets.

“With nearly half of the audience being private and sovereign borrowers and issuers, as well as investors, international banks, lawyers and rating agencies, the event provides the ideal platform to engage in real business deals, and to discuss the latest developments in the African structured finance and debt market environment. We are proud to have been recognised here.” concludes Michelle Davis, Senior Investment Banker at Absa CIB.

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