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Deals done archive

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DRIVING TRADE AND WORKING CAPITAL INTO AFRICA

RMB proudly partners Tata International with multi-jurisdictional African trade and working capital solutions

Rand Merchant Bank (RMB) is proud to be Tata International's corporate banker of choice, with a strong track record of providing solutions for Tata International’s working capital requirements in Africa.

Contact Ben Bechet on +27 11 282 1842, email ben.bechet@rmb.co.za or Mark Amorim on +27 11 282 1361, email mark.amorim@rmb.co.za
   
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REMGRO'S FIRST FULLY UNDERWRITTEN RIGHTS ISSUE

RMB proudly announces Remgro's first fully underwritten rights issue

RMB acted as sole underwriter, financial adviser and sponsor to Remgro Limited on its ZAR9.3-bn rights issue. The transaction illustrates RMB’s commitment to providing holistic client-centric solutions that showcase RMB’s ability to utilise its financial resources to support its client’s objectives and growth aspirations.

Contact Paul Roelofse on +27 11 282 1274, email paul.roelofse@rmb.co.za or Irshaad Paruk on +27 11 282 1853, email irshaad.paruk@rmb.co.za
   
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THINKING. PULLING. TOGETHER. FOR A HEALTHY KENYA.

RMB enables General Electric and Kenya to deploy modern healthcare equipment throughout Kenya

Acting as structurer, funder and co-ordinating bank to General Electric and the Kenyan Ministry of Health, RMB provided a comprehensive funding solution for a managed equipment service contract. In line with Kenya’s Vision 2030, the transaction will see GE supply, install and maintain healthcare equipment to 98 hospitals across Kenya.

Contact Greg Mckenzie on +27 11 282-8143, email greg.mckenzie@rmb.co.za or Mphokolo Makara on +27 11 282-8707, email mphokolo.makara@rmb.co.za
   
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FOR WAYS TO GROW REAL ESTATE

RMB unlocks growth in Fourways

In a transformational deal for the Fourways node, Rand Merchant Bank acted as debt structurer, sole mandated lead arranger, co-funder and joint interest rate hedge provider for the first phase of the Fourways Mall redevelopment – a multi-disciplinary solution that affirms RMB’s role as the corporate and investment banking partner of choice for comprehensive, structured real estate financing solutions. The ZAR2.4-bn Phase One expansion and refurbishment will add 90,000sqm of retail floor space and position Fourways Mall as the dominant super-regional shopping centre in one of South Africa’s fastest growing nodes.

Contact Dylan Stevenson on +27 11 282-4621, email dylan.stevenson@rmb.co.za or Debbie Grundlingh on +27 11 282-8419, email debbie.grundlingh@rmb.co.za
   
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RMB REAL ESTATE. A BLUEPRINT FOR AFRICAN DEVELOPMENT.

RMB finds innovative, concrete solutions for real estate clients throughout Africa.

Rand Merchant Bank is the corporate and investment bank of choice for the financing and development of high-grade retail, commercial and industrial properties in sub-Saharan Africa. Our significant real estate finance expertise demonstrates our ability to partner with our clients and provide comprehensive, structured solutions for prime real estate projects. We are proud to play a part in changing Africa’s skyline and developing the continent’s economic potential.

Contact José Snyders on +27 11 282 1865, email jose.snyders@rmb.co.za or Borg Sauber on +234 14 63 7938, email borg.sauber@rmb.com.ng
   
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NOW JUST 1 PIK FOR GREATER VALUE

Inspired by value, RMB streamlines Pick n Pay into a single share on the JSE.

Acting as transaction originators, developers and co-ordinators, Rand Merchant Bank concluded a unique deal for Pick n Pay. The transaction innovatively repackages the group’s listing structure on the JSE into a single share listing, while preserving the traditional values which have grown Pick n Pay into one of South Africa’s most well known and loved retailers.

Contact Ferdi Vorster on +27 11 282-4993, email ferdi.vorster@rmb.co.za or Gavin Jacobson on +27 21 446-9308, email gavin.jacobson@rmb.co.za
   
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PUBLIC ACCESS TO PRIVATE EQUITY

RMB, in partnership with Ethos Capital, brings private equity to the JSE.

Building on a long-standing relationship with Ethos Capital, South Africa’s leading private equity firm, Rand Merchant Bank acted as sole financial adviser, global
co-ordinator, bookrunner and sponsor to Ethos Capital on its IPO on the JSE. The transaction provides investors with the opportunity to obtain a listed exposure
to private equity while giving Ethos Capital access to a source of permanent capital.

Contact Irshaad Paruk on +27 11 282-1853, email irshaad.paruk@rmb.co.za or Gerhard Botha on +27 11 282-8080, email gerhard.botha@rmb.co.za
   
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ANOTHER 100 MEGAWATTS TO BE POSITIVE ABOUT

RMB leads the financing for the ZAR12-billion Kathu Solar Park

Rand Merchant Bank led a group of five South African banks to deliver the largest project financing in South Africa to date, including a ZAR2.5-bn 20-year inflation-linked loan arranged by RMB. This Concentrated Solar Power (CSP) plant to be built in the Northern Cape will add 100MW of capacity to the South African power grid and will help alleviate electricity demand during peak periods. The Kathu Solar Park marks the third CSP project financing led by RMB, representing more than ZAR30-bn combined project value.

Contact Mark Schmaman on +27 11 282 1179, email mark.schmaman@rmb.co.za or Siyanda Mflathelwa on +27 11 282 8747, email siyanda.mflathelwa@rmb.co.za
   
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AFREXIM EUROBOND SETS GROWTH IN MOTION

RMB brings international funding to Afreximbank, Africa’s supranational Export-Import Trade Finance Bank.

Through a unique blend of African experience and international capital market expertise, Rand Merchant Bank, acting as joint lead arranger and bookrunner, assisted Afreximbank in successfully issuing its largest Eurobond to date. Listed on the Irish Stock Exchange, this US$750-m bond issuance enables Afreximbank to continue the successful funding of trade growth and development in Africa.

Contact Lwandile Nene on +27 11 282-4488,, email Lwandile.Nene@rmb.co.za or Martin Richardson on +44 207 939-1731, email Martin.Richardson@rmb.co.uk
   
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A DIFFERENT WAY OF LOOKING AT INTERNATIONAL FINANCE

RMB assists Remgro with a GBP350-Million international exchangeable bond

Acting as global co-ordinating bank and joint bookrunner, RMB assisted Remgro in raising GBP350-Million through the international issue of a bond that is exchangeable into Mediclinic International Plc shares. This exchangeable bond, the first-ever by a South African company, enables Remgro to optimise its cost of funding and demonstrates RMB’s ability to deliver innovative international solutions for our clients.

Contact Dave Sinclair on +27 11 282-8077, email dave.sinclair@rmb.co.za or Leigh Cunningham-Scott on +27 11 282-8559, email leigh.cunningham-scott@rmb.co.za
   
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RMB’s TITANIUM STRUCTURING SECURES GLOBAL CAPITAL.

RMB acted as sole adviser and bookrunner for the award-winning RBM deal, securing international capital for South African mining.

Our multi-disciplinary team combined local expertise with international capability to structure a sustainable debt package for Richards Bay Minerals (RBM), securing both local and international debt capital from 11 banks in 4 countries, delivering a Forex solution and providing RBM (a part of the Rio Tinto Group), a platform for continued growth

Contact Julian Grieve on +27 11 282-4477, email julian.grieve@rmb.co.za or Tsepang Shongwe on +27 11 282-4719, email tsepang.shongwe@rmb.co.za
   
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MANY MINDS MAKE LIGHT WORK.

RMB’s thinking adds 450MW to Nigeria’s future power supply

As joint mandated lead arranger, lender and hedging bank to the Azura-Edo power plant, RMB Nigeria further cements its position as a key financier of the West African power sector. Our involvement in the transaction included the structuring and arranging of long-term financing and risk management solutions. This ground-breaking project showcases RMB Nigeria’s ability to deliver in any local environment.

Contact Mark Schmaman on +27 11 282-1179, email mark.schmaman@rmb.co.za or Rachel More on +234 1 463-7953, email rachel.more@rmb.com.ng
   
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WITH RMB, IT’S MEDICLINIC SANS FRONTIÈRES.

RMB advises Mediclinic on its ZAR32-billion reverse take-over of Abu Dhabi-based Al Noor Hospitals Group plc and subsequent primary listing on the London Stock Exchange

Rand Merchant Bank is proud to act as joint financial adviser and investment bank to Mediclinic in their reverse take-over of LSE-listed Al Noor Hospitals Group, in an innovative transaction that substantially enhances Mediclinic’s presence in the United Arab Emirates. The transaction will result in Mediclinic becoming the third largest non-US private hospital group globally, with a primary listing on the LSE and secondary listing on the JSE. RMB also acted as joint mandated lead arranger, underwriter, debt adviser and bookrunner for the GBP1-billion (ZAR24-billion) funding required for the transaction. The deal showcases RMB’s ability to provide holistic, multi-jurisdictional solutions for our clients.

Contact Paul Roelofse on +27 11 282-1715, email paul.roelofse@rmb.co.za or Gareth Armstrong on +27 11 282-1819, email gareth.armstrong@rmb.co.za
   
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SUN, SAND, DEAL IN HAND.

RMB acted as joint financial adviser and sponsor to Sun International on the groundbreaking merger of its Latin American operations with local gaming and hospitality operator, Dreams.

Rand Merchant Bank provided an innovative solution to help unlock a deal that substantially increases Sun International’s global footprint, critical mass and market value. The merger, which is subject to international regulatory approval, lays the foundation for an IPO on the Santiago Stock Exchange or another appropriate public market within the next two years and gives Sun International a 55% stake in Latin America’s largest gaming group, with a portfolio of assets across Chile, Panama, Peru and Colombia. The deal demonstrates RMB’s in-depth understanding of our clients and our ability to find value adding solutions anywhere in the world.

Contact Gavin Jacobson on +27 11 282-1715, email gavin.jacobson@rmb.co.za or Jessica Spira on +27 11 282-8472, email jessica.spira@rmb.co.za
   
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RMB & IFC PRESENT: GREEN BOND - It's all about saving the world

RMB is IFC’s chosen partner in raising a green bond in South Africa

Rand Merchant Bank facilitated the raising of a ZAR denominated, JSE inward listed bond for IFC, a member of the World Bank Group. IFCwill use the proceeds to support investments in renewable energy, energy efficiency, and other areas that reduce greenhouse emissions in emerging markets. This transaction demonstrates RMB’s support for low-carbon development in South Africa and paves the way for additional issuers to tap South Africa’s green bond market. RMB is assisting IFC in doing what they do best - using responsible and sustainable business practices in order to expand businesses, create jobs and grow economies.

Contact Leigh Cunningham-Scott on +27 11 282 8559, email leigh.cunningham-scott@rmb.co.za or Dave Sinclair on +27 11 282 8077, email dave.sinclair@rmb.co.za
   
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TRADITIONAL VALUE. INNOVATIVE IDEA.

RMB is proud to launch a global first — the Krugerrand Custodial Certificate — which enables institutional and individual investors to have direct ownership in listed, physical gold.

This financial innovation introduces unprecedented liquidity into the direct, numbered and named ownership of physical Krugerrands. Cost efficiency is achieved by removing investment fees. Ownership is direct and all investors have access to their physical coins. RMB continues to bring innovative new products to the precious metals market — the KCC being the latest.

Contact Ebrahim Patel on +27 11 269-9140, email ebrahim.patel@rmb.co.za
   
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WITH RMB, MEDICLINIC RAISES THE UNION JACK

RMB advises Mediclinic on its ZAR8.4-billion acquisition of a 29.9% stake in LSE –listed Spire Healthcare Group plc and ZAR10-billion rights issue

Rand Merchant Bank is proud to have advised Mediclinic on the acquisition of a 29.9% stake in Spire Healthcare Group– a leading private healthcare group in the United Kingdom, funded by way of a ZAR10-billion rights issue. RMB also provided bridging finance to facilitate the conclusion of the acquisition. The deal further diversifies Mediclinic’s business into an attractive offshore geography. The successful conclusion of the acquisition and rights issue highlights RMB’s ability to conclude large multi-disciplinary, cross border transactions.

Contact Paul Roelofse on +27 11 282-1274, email paul.roelofse@rmb.co.za or Gareth Armstrong on +27 11 282-1819, email gareth.armstrong@rmb.co.za
   
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THINK OF IT AS MONEY IN THE BANK

Rand Merchant Bank structures a trade finance facility for Glencore

Chosen as the preferred financier with a long-standing relationship, RMB structured a working capital facility for Glencore’s strategic ferrochrome stockpiles. This deal demonstrates RMB’s ability to unlock liquidity through tailored working capital solutions.

Contact Cara Gough on +27 11 282-1379, email cara.gough@rmb.co.za or Gabisile Mashigo on +27 11 282-4036, email gabisile.mashigo@rmb.co.za
   
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THINKING. ON THE BRIGHT SIDE.

RMB’s thinking generates over 1000MW of brightness

RMB leads the financing for some of the world’s largest renewable energy projects, collectively valued at more than ZAR50-billion, by providing bespoke funding solutions for a range of technologies including wind, solar PV, solar CSP, hydro, biomass and co-generation. Additionally, RMB is proud to have developed and delivered a number of market firsts in the structuring of renewable energy projects, incorporating equity, debt, BEE funding and capital markets solutions.

Contact James Price on +27 11 282-4407, email james.price@rmb.co.za or Mark Schmaman on +27 11 282-1179, email mark.schmaman@rmb.co.za
   
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RMB AND BRAIT, ALIGNED AT EVERY TURN

RMB advises Brait on the sale of Pepkor and the acquisitions of Virgin Active and New Look.

Building on our long-standing partnership with Brait, Rand Merchant Bank advised Brait on the sale of its stake in Pepkor and subsequently advised on, structured and funded Brait in the acquisitions of Virgin Active (£691-million) and New Look (£783-million). The funding included RMB underwriting the New Look acquisition. These transactions underscore RMB’s unique ability to structure, manage and fund complex local and offshore transactions for our clients.

Contact Iaan van Heerden on +27 11 282-4994, email iaan.vanheerden@rmb.co.za or Robert Leon on +27 11 282-1815, email robert.leon@rmb.co.za
   
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WHEN RMB INNOVATES, WE ARE IN OUR ELEMENT

RMB proudly introduces a Platinum ETF-linked Bond, a market first that provides exposure to Platinum, enhanced with the FirstRand funding spread.

Rand Merchant Bank created an innovative product which gives investors exposure to Platinum through a Platinum ETF-linked Bond. The ZAR-denominated product provides investors with the opportunity to invest in Platinum — without owning it directly — by linking the underlying commodity to an ETF.

Contact Leigh Cunningham-Scott on +27 11 282-8559, email leigh.cunningham-scott@rmb.co.za or Ettienne van Wyk on +27 11 269-9607, email ettienne.vanwyk@rmb.co.za
   
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RMB TAKES MMI BEYOND CORRIDOR TALK

RMB advises MMI Holdings to establish a health insurance joint venture with the US$40-billion Aditya Birla Group in India.

The multi-faceted international deal again demonstrates RMB's capabilities of concluding transactions with major corporates across the Indo-Africa corridor. This transaction will enable the partners to leverage Aditya Birla Group’s strong market presence in India and MMI Holdings’ established capabilities in health & wellness. The joint venture will offer innovative health insurance products that not only enhance customer choice but also add a new dimension to the current market offering in India.

Contact Ankur Singhal on +91 22 6625 8622, email ankur.singhal@firstrand.co.in or Gareth Armstrong on +27 11 282-1819, email gareth.armstrong@rmb.co.za
   
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RMB FUELS PUMA ENERGY FOR HIGH PERFORMANCE

RMB acts as mandated lead arranger and active bookrunner for Africa in the financing of a US$1.25-billion revolving credit facility for Puma Energy.

Rand Merchant Bank’s long-standing relationship with Puma Energy and our ability to network and connect with institutions throughout the continent secured our position as mandated lead arranger and active bookrunner for the international fuel storage, transportation and refining company. The revolving credit facility will enable Puma Energy to expand and develop their network throughout Africa and the world.

Contact Cara Gough on +27 11 282-1379, email cara.gough@rmb.co.za or Stuart Harrison on +27 11 269-9526, email stuart.harrison@rmb.co.za
   
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IHS HAS NIGERIA COVERED

RMB arranges a US$800-million capex facility for shared tower infrastructure for IHS and MTN.

Rand Merchant Bank was the joint lead arranger and underwriter of the US$800-million capex facility for the IHS portfolio of over 9 000 cellular phone towers, recently acquired from MTN Nigeria. The financing was structured and delivered in record time, demonstrating RMB’s commitment to financing shared infrastructure projects across the continent.

Contact Keith Webb on +27 11 282-1443, email keith.webb@rmb.co.za or Ayodele Olajiga on +234 (0)1 463-7911, email ayodele.olajiga@rmb.com.ng
   
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WATTS UP IN POFADDER

RMB was debt co-ordinator, mandated lead arranger, senior lender, hedging bank and facility agent to Abengoa's 100MW, ZAR10.2-billion, Xina power project.

Rand Merchant Bank is again proud to have led the financing of another Abengoa-led 100MW Solar Thermal Electric Power project located in the Northern Cape. The transaction, which constitutes the largest project finance debt funding in the South African market to-date, includes innovations such as long-term inflation-linked debt. The Xina power plant, with 5 hours of thermal storage, will generate enough electricity to power 95,000 households – again demonstrating RMB's ability to lead and deliver large, complex project finance deals.

Contact Daniel Zinman on +27 11 282-4271, email daniel.zinman@rmb.co.za or Siyanda Ngwane on +27 11 282 8747, email siyanda.ngwane@rmb.co.za
   
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TEMA PORT BULKS UP WITH RMB

RMB arranges $122-million term loan facility for Ghana Ports and Harbours Authority

Rand Merchant Bank has, on behalf of GPHA, arranged and funded the design and turn-key construction of a bulk unloading jetty at Tema Port in Ghana. The new jetty will facilitate increased throughput of shipping vessels and enhance Tema Port’s position as the gateway to Ghana.

Contact Ato Gyasi on +234 (0)1 463-7918, email ato.gyasi@rmb.com.ng or Tiago Almeida on +27 11 282-8684, email tiago.almeida@rmb.co.za
   
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NEW THINKING FOR NUPLANET

RMB successfully banked a R200-million hydro power deal for NuPlanet

Innovative sustainable energy solutions require innovative financing solutions. Generating electricity from the pipeline that provides drinking water to Johannesburg, the new hydro power plant will supply electricity that will be available 95% of the year. Rand Merchant Bank provided the first financing of an Engineering, Procurement and Construction Management based project under the government’s renewable energy programme. Beneficiaries will include local communities, churches and schools.

Contact Hugh Hawarden on +27 11 282-8153, email hugh.hawarden@rmb.co.za or Kwabena Malgas on +27 11 282-8129, email kwabena.malgas@rmb.co.za
   
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RMB AND ASM SEE ENDLESS POSSIBILITIES

RMB arranges and funds a term facility for African Steel Mills

Rand Merchant Bank is proud to be the mandated lead arranger and sole funder to African Steel Mills (ASM). African Steel Mills is supporting Nigeria’s industrialisation efforts through economically and socially responsible practices and operates one of Nigeria’s most modern steel manufacturing plants which uses scrap metal as a key raw material.

Contact Ato Gyasi on +234 (0)1 463-7918, email ato.gyasi@rmb.com.ng or Ayodele Olajiga on +234 (0)1 463-7911, email ayodele.olajiga@rmb.com.ng
   
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DESIGNER FINANCE

RMB facilitates The Foschini Group’s £238-million/R4.2-billion acquisition of international fashion group Phase Eight

Rand Merchant Bank is proud to have played a key role in expanding TFG’s international footprint through the acquisition of leading international, multi-channel retailer Phase Eight. RMB’s multidisciplinary approach provided an end to end solution including corporate finance, foreign exchange hedging, facilitation and regulatory approvals.

Contact Richard North on +27 11 282-8547, email richard.north@rmb.co.za or Coenie de Villiers on +27 21 446-9369, email coenie.devilliers@rmb.co.za
   
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FOR AFRICA, BY AFRICA

Rand Merchant Bank leads the financing for the US$900-million Cenpower electricity plant in Ghana

RMB arranged, structured and underwrote the commercial debt financing and hedging for this 350MW gas-fired combined cycle power station, including associated substation, fuel treatment infrastructure and working capital. This unique project (which will add significant capacity to Ghana’s electricity network) is being developed, constructed and financed primarily by African sponsors, shareholders, contractors and lenders — making it the first of its kind in West Africa. RMB provided a robust and innovative export credit funding package for a transaction that demonstrates the willingness and ability of African players to help boost Ghana’s long term economic growth.

Contact Ato Gyasi on +234 (0)1 463-7918, ato.gyasi@rmb.com.ng or Dario Musso on +27 11 282-4443, dario.musso@rmb.co.za
   
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WELCOME TO THE CLUB

Rand Merchant Bank arranges a US$300-million club loan for AFC

RMB is proud to have acted as joint co-ordinator, initial mandated lead arranger, bookrunner, documentation agent and facility agent in a US$300-million club loan for Africa Finance Corporation. This club financing will further enable this supranational pan-African financial institution to enhance its investment capability and continue on its current path of infrastructure and trade development throughout Africa.

Contact Ian Lessem on +27 11 282-1440, email ian.lessem@rmb.co.za or David Jones on +234 (0)1 463-7916, email david.jones@rmb.com.ng
   
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CUSTODY WITH CONFIDENCE. INVESTMENT SOLUTIONS BANKS ON RMB.

RMB concludes one of the biggest custody deals in the multi-management space in South Africa's history

Rand Merchant Bank provided a holistic, end-to-end custody solution to Investment Solutions — offering speed, efficiency and service to one of South Africa's most recognised investment houses. Changing custodianship is a complicated process, and it required full confidence and trust in RMB by Investment Solutions. Our client focus, appetite for complex deals and ability to provide innovative solutions enabled us to complete this multifaceted deal for Investment Solutions.

Contact Richard Cilliers on +27 11 282-4680, email richard.cilliers@rmb.co.za or Ryan Proudfoot on +27 11 269-9669, email ryan.proudfoot@rmb.co.za
   
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MTN CALLED AND RMB ANSWERED

RMB acts as joint lead manager and bookrunner for MTN's debut Eurobond issuance

Rand Merchant Bank was the lead manager and bookrunner for the MTN Group's inaugural international issuance of a 10 year US$ denominated Eurobond. RMB was chosen for this transaction because of our strong Africa focus and extensive track record for successfully taking SA corporates to the offshore markets. This transaction further strengthens our strong relationship with MTN and demonstrates RMB's growing reach into the rest of Africa as a leading Debt Capital Markets bank.

Contact Martin Richardson on +44 207 939-1731, email martin.richardson@rmb.co.uk or Ayanda Sisulu-Dunstan on +27 11 269-9721, email ayanda.sisulu@rmb.co.za
   
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RMB MAPS OUT THE IMPERIAL AND ECO HEALTH PARTNERSHIP IN NIGERIA

RMB helps forge a partnership between Imperial Logistics and Eco Health

Rand Merchant Bank advised Imperial Logistics in its acquisition of a 68% interest in Eco Health — a leading pharmaceuticals distributor in Nigeria — for US$100-million. Building on our strong relationship with Imperial and RMB Nigeria's deep market knowledge and growing presence, RMB demonstrated its capabilities in Africa.

Contact Jessica Spira  on +27 11 282-8472, email jessica.spira@rmb.co.za or Jan Cronje on +27 11 282-8597, email jan.cronje@rmb.co.za
   
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UNDER CONSTRUCTION

RMB acted as financial adviser and sole bookrunner to Grindrod for a R4-billion capital raising and introduction of a black strategic partner.

Rand Merchant Bank is proud to have advised Grindrod on an equity capital raising, the introduction of a black strategic investor, as well as the restructuring of their current BEE transaction. This deal streamlines the company's freight services structure and positions Grindrod for expansion of its terminal capacity, port and rail infrastructure and locomotives business into Africa.

Contact Stephen Friesenecker on +27 11 282-4505, email stephen.friesenecker@rmb.co.za
   
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PTA BANK ALWAYS WINS WITH RMB

RMB is proud to have raised $320.5-million in the international syndicated loan market for the East African based supranational trade and development bank, PTA Bank.

Rand Merchant Bank was appointed initial mandated lead arranger, bookrunner and documentation agent for the new term financing for PTA Bank — the only African partner among the lead syndicated banks. Our proven track record in the international syndicated loan markets enabled us to structure a comprehensive, multifaceted solution that would offer PTA Bank additional trade and infrastructure development capital.

Contact Ian Lessem on +27 11 282-1440, email ian.lessem@rmb.co.za or Alfetta Koome on +27 11 282-1007, email alfetta.koome@rmb.co.za
   
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ODM AND RMB TAKE PRIVATE EQUITY DIGITAL

RMB Ventures and Bopa Moruo have facilitated the MBO of One Digital Media.

RMB Ventures and Bopa Moruo recently partnered with management to acquire One Digital Media, the leading provider of digital signage solutions in South Africa, in a deal that will provide a platform for the continued growth of the business.

Contact Muhammed Asad Moosa on +27 11 282-8448, email muhammed.moosa@rmb.co.za or Pearl Tsotetsi on +27 11 282-4966, email pearl.tsotetsi@rmb.co.za
   
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RMB ON BOARD WITH ALSTOM TO FAST TRACK SOUTH AFRICA'S INFRASTRUCTURE DEVELOPMENT

RMB advises Alstom on the R51-billion Gibela infrastructure development project.

RMB is proud to have been on board from start to finish providing a multi-disciplinary advisory, guarantees and funding solution to Alstom and Gibela for the production of 600 trains. The R51-billion Gibela project is a substantial infrastructure development deal for the South African Government and will be the largest of its kind.

Contact Louis Du Plessis on +27 11 282-4115, email louis.duplessis@rmb.co.za
   
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AND MANY HAPPY RETURNS

RMB positions Peermont for future growth through an innovative capital restructuring and underwriting of a new ZAR term funding package in the refinancing of its offshore bonds.

Rand Merchant Bank advised Peermont on the successful restructuring of its capital structure through an innovative and holistic solution. RMB also acted as sole underwriter and bookrunner, as well as joint mandated lead arranger and funder to the group through a tailored and innovative R4.1-billion term debt solution to refinance its Euro-denominated offshore bonds.

Contact Robert Leon on +27 11 282-1815, email Robert.leon@rmb.co.za or Gerhard Botha on +27 11 282 8080, email Gerhard.Botha@rmb.co.za
   
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THINKING. DELIVERED

RMB advised all shareholders on the sale of Africa’s largest privately owned specialist logistics and distribution company, RTT, to a consortium of private equity investors.

Rand Merchant Bank negotiated this complex, multi-party deal for the benefit of all parties. The transaction enabled an attractive exit for Actis, RMB, Old Mutual and other shareholders, created tangible wealth in the hands of previously disadvantaged employees and delivered the asset to a consortium of private equity investors including Ethos Private Equity and DPI. RMB is proud to have advised our private equity clients throughout the cycle of their investment.

Contact Gavin Jacobson on +27 11 282-1715, email gavin.jacobson@rmb.co.za or Paul Roelofse on +27 11 11 282-1274, email paul.roelofse@rmb.co.za
   
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3 COUNTRIES. 3 CURRENCIES. 1 SOLUTION.

RMB structures, arranges and co-ordinates multi-currency 5-year unsecured loan deals for Puma Energy.

Rand Merchant Bank was mandated lead arranger and co-ordinator for a multiple in-country, local currency solution for Puma Energy. It involved three different facilities—Namibian Dollar facility to Puma Energy Namibia, a Botswana Pula facility to Puma Energy Botswana and a Zambian Kwacha facility to Puma Energy Zambia. All three facilities were structured, arranged and co-ordinated by RMB out of South Africa. This deal demonstrates our capabilities of executing cross border transactions in various jurisdictions in sub-Saharan Africa.

Contact Armond Boshoff on +27 11 282-4971, email armond.boshoff@rmb.co.za or Udo Lucht on +27 11 282-8207, email udo.lucht@rmb.co.z
   
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Dealmakers
   
WITH RMB YOU GET MORE FROM GOLD

RMB launches SA's first Krugerrand denominated bond to the value of R12 -billion

Rand Merchant Bank is proud to have launched the first Krugerrand denominated bond, listed on the JSE. This 5-year bond combines the benefit of gold price exposure with no management fees or storage costs, while at the same time paying an interest return in gold ounces. Furthermore, at maturity, investors can elect to receive Krugerrands or cash. With Rand Merchant Bank facilitating a market in the bond, this is a new, exciting and innovative gold investment alternative for institutional and retail investors.

Contact Dale Wood on +27 11 282-1711, email dale.wood@rmb.co.za or Ettienne van Wyk on +27 11 269 9140, email ettienne.vanwyk@rmb.co.za
   
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Dealmakers
   
RMB UNLOCKS A WINNING COMBINATION FOR ALEXANDER FORBES

Rand Merchant Bank acted as joint bookrunner, financial adviser and sponsor to Alexander Forbes for its Initial Public Offering and listing on the JSE.

Building on its long-standing relationship with Alexander Forbes, RMB is proud to have acted as joint bookrunner and sponsor on the landmark listing of the highly-regarded financial services business. The R3.7-billion IPO was one of the largest in South African history. RMB also acted as joint financial adviser on the introduction of Mercer Africa Limited as a 34% strategic investor for R3.3-billion. The listing of Alexander Forbes on the JSE is the culmination of a two-year process to restructure the business and maximise value for shareholders.

Contact Krishna Nagar on +27 11 282-1477, email krishna.nagar@rmb.co.za or Stephen Friesenecker on +27 11 282-4505, email stephen.friesnecker@rmb.co.za
   
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Dealmakers
   
A HEALTHY PRESCRIPTION FOR GROWTH

RMB advises Mediclinic on its R3.2 billion capital raising

RMB recently advised Mediclinic on an extremely successful R3.2-billion equity capital raising through an Accelerated Bookbuild Offering, following Mediclinic’s R28 billion balance sheet restructuring in 2012. The offering, which closed in under 3 hours, was significantly oversubscribed, and included substantial participation by local and international investors, allowing Mediclinic to broaden its shareholder base. The transaction highlights the continued strength of RMB, through its RMB Morgan Stanley joint venture, in equity capital markets.

Contact Justin Bothner on +27 11 282 4150, email justin.bothner@rmb.co.za or Gareth Armstrong on +27 11 282 1819, email gareth.armstrong@rmb.co.za
   
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Dealmakers
   
COMMITTING RESOURCES TO RESOURCES

RMB acted as sole mandated lead arranger and lender of R2.5-billion towards Sasol’s R14-billion mining renewal investment project in Secunda.

Rand Merchant Bank provided a R2.5-billion loan to Sasol Mining in support of Sasol’s operational expansion plans in South Africa. This substantial deal not only signifies Sasol’s commitment to the country, but also solidifies the continuing relationship between Sasol and RMB.

Contact Udo Lucht on +27 11 282-8207, email udo.lucht@rmb.co.za or Derrick Carolin on +27 11 282-1057, email derrick.carolin@rmb.co.za
   
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Dealmakers
   
DOUBLE PLATINUM FOR RBPLAT AND RMB

RMB raises R1.5-billion in equity capital for Royal Bafokeng Platinum’s Styldrift 1 Project.

In a deal that highlights our long-term partnership approach with clients, Rand Merchant Bank is proud to have acted as financial adviser and bookrunner on RBPlat’s R1.5-billion equity capital raising. The capital was raised through the innovative combination of a R700-million Accelerated Bookbuild Offering (ABO) and an R800-million rights offer, which satisfied the requirements of existing major shareholders, but also realised RBPlat’s ambitions to improve free-float and liquidity in its shares. The equity capital raising was extraordinarily successful with both the ABO and rights offer multiple times over-subscribed.

Contact Justin Bothner on +27 11 282-4150, email justin.bothner@rmb.co.za or Gareth Armstrong on +27 11 282-1819, email gareth.armstrong@rmb.co.za
   
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Dealmakers
   
'NEW LIBERTY' — FOR LIBERIA

RMB provided senior and subordinated debt funding to the value of US$56-million, as well as gold hedging solutions, to Aureus Mining for Liberia’s first-ever commercial gold mine — New Liberty Gold Mine.

Rand Merchant Bank provided a comprehensive solution for this ECIC-backed project that will create Liberia’s first commercial gold mine and add a major boost to the West African economy. Demonstrating our appetite and capabilities in cross-border African resource deals, we are proud to have been the mandated lead arranger of this historic deal worth US$100-million.

Contact Sandile Mbulawa on +27 11 282-1020, email sandile.mbulawa@rmb.co.za or William McFerren on +27 11 282-1309, email william.mcferren@rmb.co.za
   
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Dealmakers
   
A PARTNERSHIP THAT IS WORKING FOR AFRICA

Rand Merchant Bank enables AFC to break new ground in infrastructure development in Africa.

RMB acted as joint initial mandated lead arranger and bookrunner for a debut financing solution for the Africa Finance Corporation (AFC). Built on RMB’s relationship with AFC, this innovative solution will enable AFC to break new ground in developing Africa’s infrastructure. This transaction was also voted Best Syndicated Loan 2013 in the EMEA Finance Achievement Awards—proof of RMB’s ability to deliver innovative financing solutions to clients across the continent.

Contact Ian Lessem on +27 11 282-1440, email ian.lessem@rmb.co.za or Labi Williams on +234 (0)1 463-7900, email labi.williams@rmb.com.ng
   
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Dealmakers
   
WHILE YOU’RE RUNNING WITH THE BULLS, WE’LL TAKE CARE OF THE OFFICE

Your partner in complex corporate actions.

RMB Stockbroking Operations (Pty) Ltd is an independent Custody and Settlement (CSA) member of the Johannesburg Stock Exchange, specialising in back office settlements for registered stockbrokers. In addition, we have applied our substantial experience in handling and controlling end-to-end solutions to complex corporate actions for corporate advisers and private equity managers.

Contact Gavin van Wyk on +27 11 282-8907, email RMBPrimeservices@rmb.co.za or visit our website on www.rmb.co.za/primeservices
   
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Dealmakers
   
RMB PARTNERS ALCHEMY PROPERTIES IN LANDING SASOL IN SANDTON

RMB provides development and term funding to Alchemy Properties for the construction of Sasol’s new Sandton corporate offices.

Building on a long-standing relationship with Alchemy and our expertise in financing urban developments, Rand Merchant Bank took on the role of sole lender and mandated lead arranger, to fund the development of Sasol’s new 67,000m² building in Sandton. The state-of-the-art building will be among South Africa’s largest private, single tenant office developments to date and will be co-owned by the Sasol Pension Fund.

Contact Andrew Robinson on 011 282-8745, email andrew.robinson@rmb.co.za or Mark Fox on +27 11 282-1928, email mark.fox@rmb.co.za
   
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Dealmakers
   
RMB FUNDS PAN-AFRICAN PULLING POWER

RMB provides US$50-million of traction to the African rail leasing industry.

Rand Merchant Bank acted as mandated lead arranger and funder to a new rail leasing company—GPR Leasing—a joint venture between Grindrod and the Pembani Remgro Infrastructure Fund (PRIF). RMB’s knowledge of and experience in the African rail industry enabled us to deliver an innovative and industry-first financing solution.

Contact Greg McKenzie on 011 282-8143, email  greg.mckenzie@rmb.co.za or Derrick Carolin on +27 11 282-1057, email derrick.carolin@rmb.co.za
   
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Dealmakers
   
RMB PRIMES MEDIA GIANT FOR DYNAMIC GROWTH

Rand Merchant Bank facilitates expansion for Primedia.

RMB acted as lead investment bank to Primedia and its shareholders in a transaction that aligned the company’s capital structure with its future growth ambitions and widened its shareholder base. In addition RMB also acted as joint mandated lead arranger, underwriter, bookrunner and lender for the transactions funding package.

Contact Robert Leon on 011 282-1815, email  robert.leon@rmb.co.za or Mzwamadoda Mtongana on +27 11 282-8920, email
mzwamadoda.mtongana
@rmb.co.za
   
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Dealmakers
   
THOUGHT FOR FOOD

RMB acted as financial adviser for the acquisition of AFGRI Ltd by AgriGroupe.

Rand Merchant Bank provided a holistic solution for the purchase of AFGRI Ltd by AgriGroupe (representing a BBBEE group as well as international investors) in a ZAR2.4-billion deal. RMB’s expertise in African and global markets facilitated the transaction and positioned AFGRI Ltd for continued growth and the ability to contribute towards food security throughout Africa.

Contact Puso Manthata on 011 282-8940, email puso.manthata@rmb.co.za  or Kamo Mathibe on
+27 11 282-4496, email kamo.mathibe@rmb.co.za
   
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Dealmakers
 
THE WESTERN CAPE'S LATEST HARVEST-WIND

RMB acts as joint mandated lead arranger on the 138MW Gouda wind farm.

Rand Merchant Bank is proud to be a lead financing partner on one of the largest wind power projects in the country to date. The project reflects RMB’s commitment to the renewables sector and our ability to successfully conclude major infrastructure projects.

Contact Cindy Govender on 011 282-6348, email cindy.govender@rmb.co.za or Judy Kobus on +27 11 282 4158, email judy.kobus@rmb.co.za
   
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Dealmakers
   
RMB OPENS DOORS TO AFRICA

Rand Merchant Bank has established itself as an innovative investment bank with a track record of experience and connections throughout Africa.

For more than a decade, Rand Merchant Bank has served clients in major financial transactions throughout Africa. We work closely with our clients, providing innovative solutions for their projects or enterprises across the continent. RMB’s reputation is built on trust and forming long-term partnerships with our clients.

Contact Erwin Pon on +27 11 282-4202, email erwin.pon@rmb.co.za or
Julia Zhu on +86 21 6210-0909, email zhu.jin@firstrand.co.za
   
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Dealmakers
   
RMB VENTURES BUILDS ON THE STRENGTH OF WORKING TOGETHER

RMB Ventures, together with management and Capitalworks, recently acquired Technicrete, Ocon Bricks and Rocla.

RMB Ventures proves its commitment to the development of South African infrastructure through its investment in three distinct, well-known building product brands. The businesses will continue to operate under a streamlined management team. RMB Ventures constantly searches for promising businesses with strong future growth prospects.

Contact Justin Babaya on +27 11 282-8557, email justin.babaya@rmb.co.za or Muhammed Asad Moosa on +27 11 282-8448, email muhammed.moosa@rmb.co.za
   
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Dealmakers
   
BONDING IN ALL THE RIGHT PLACES

Rand Merchant Bank assisted the National Treasury in raising US$2-billion in the international capital markets for South Africa.

Rand Merchant Bank was the joint lead manager and bookrunner, assisting the National Treasury in successfully raising US$2-billion in the offshore markets. This is the largest African sovereign issuance this year, with an order book in excess of US$7-billion. This issuance illustrates RMB’s extensive global reach and expertise.

Contact Ayanda Sisulu-Dunstan on +27 11 269-9721, email ayanda.sisulu@rmb.co.za or Martin Richardson on +44 (0)20 7939-1731, email martin.richardson@rmb.co.uk
   
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Dealmakers
   
THINK AFRICA. THINK RMB

Winner of the Most Innovative Investment Bank from Africa — The Banker Investment Banking Awards, 2013.

Rand Merchant Bank has a respected track record of delivering innovative advisory, funding, trading, corporate banking and principal investing solutions in Africa. In The Banker Investment Banking Awards 2013, RMB has again won the ‘Most Innovative Investment Bank from Africa’ award—proof of our ability to deliver world-class solutions to corporate and institutional clients across the continent.

Contact For more information on what RMB can do for your business in Africa, please visit www.rmb.co.za
   
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Dealmakers
   
HANDS-ON DEVELOPMENT WITH RMB

RMB provides debt funding solutions for commercial real estate throughout Africa.

Working closely with local and international clients, Rand Merchant Bank provides comprehensive financial solutions for prime real estate projects across sub-Saharan Africa. Our multidisciplinary approach, together with our investment banking mindset, enables our clients to drive the ongoing development on the African continent.

Contact Louis Schnetler +27 11 282-1865, email louis.schnetler@rmb.co.za or Borg Sauber +27 11 282-4648, email borg.sauber@rmb.co.za
   
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Dealmakers
   
HOME-GROWN POWER PLANTS

RMB was the sole mandated lead arranger in financing two solar PV power plants — for South Africa, by South Africa.

Rand Merchant Bank applied their expertise in structuring large-scale renewable energy projects to successfully fund two solar projects, in Aurora and Vredendal, using South African made solar PV panels. The deals form part of several large-scale renewable energy projects designed to meet South Africa’s growing energy needs while preserving our nation’s rich natural heritage.

Contact Hugh Hawarden on +27 11 282-8153, email hugh.hawarden@rmb.co.za or James Price on +27 11 282-4407, email james.price@rmb.co.za
   
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Dealmakers
   
RMB POWERS A POSITIVE CONTRIBUTION TO THE GRID

Rand Merchant Bank finances R2.3-billion Jasper Solar PV Project.

RMB is proud to have acted as sole mandated lead arranger and financier for the 96MW Jasper Solar PV project, located in the Northern Cape. The project is one of the largest of its kind globally, and is being developed under the second round of the SA Department of Energy’s Renewable Energy Programme. RMB’s innovative funding solutions include long-term inflation-linked debt, preference shares, working capital and hedging products.

Contact Daniel Zinman on +27 11 282-4271, email daniel.zinman@rmb.co.za or Khetha Mbatha on +27 11 282-1263, email khetha.mbatha@rmb.co.za
   
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Dealmakers
   
N470,000,000,000 FOR NETWORK EXPANSION — TALK ABOUT A BIG DEAL

RMB participates in loan facilities totalling US$3-billion (N470,000,000,000) for MTN Nigeria.

Rand Merchant Bank worked closely with MTN Nigeria, as mandated lead arranger of a US$300-million syndicated medium term facility. This facility forms part of the larger US$3-billion loan facility which involved 17 Nigerian and 8 multinational banks. RMB committed US$200-million across both US$ and Naira tranches, which will enable MTN Nigeria to further invest in its network infrastructure to improve telecommunications, data quality and capacity across Nigeria.

Contact Ayodele Olajiga on +234 1 463-7911, email ayodele.olajiga@rmb.com.ng or Keith Webb on +27 11 282-1443, email keith.webb@rmb.co.za
   
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Dealmakers

 
   
CIPLA MAKES A HEALTHY R4.5-BILLION INVESTMENT IN SOUTH AFRICA

Rand Merchant Bank helps Cipla India acquire 100% of Cipla Medpro in a R4.5-billion deal.

In one of the largest single investments by an Indian company on the African continent, RMB is proud to have acted as merchant bank, guarantee provider and FX counterparty for Cipla India’s recent acquisition of 100% of Cipla Medpro South Africa. The deal strengthens Cipla Medpro’s position in South Africa and supports its expansion into Africa, giving the continent access to a wider range of affordable medicines.

Contact Mark Treagus on +27 11 269-9845, email mark.treagus@rmb.co.za or Ankur Singhal on +91 22 6625 8622, email ankur.singhal@firstrand.co.in
   
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Dealmakers
   
RMB IS ATTRACTED TO SIERRA LEONE'S IRON ORE INDUSTRY

RMB served as joint mandated lead arranger in a US$180-million deal for London Mining’s Marampa mine in Sierra Leone.

Rand Merchant Bank provided debt finance to the value of US$50-million over three years as well as hedging finance in an iron ore deal in Sierra Leone. The deal proves RMB’s innovative and comprehensive resources capabilities in the West African mining sector and was completed within three months.

Contact Sandile Mbulawa on +27 11 282-1020, email sandile.mbulawa@rmb.co.za or Henk Deist on +27 11 282-4345, email henk.deist@rmb.co.za
   
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Dealmakers
   
WE'VE DONE A LOT OF BONDING THIS YEAR

Rand Merchant Bank has concluded over R15-billion in corporate bond issuances this year.

RMB continues to lead the advisory, arrangement and facilitation of corporate bonds in South Africa’s debt capital market and has been recognised as the Best Debt Origination Team at the JSE Spire Awards for the past three consecutive years. Our diverse range of clients enjoy access to the capital markets through innovative and comprehensive solutions.

Contact Barry Martin on +27 11 282-8118, email barry.martin@rmb.co.za or Ayanda Sisulu-Dunstan on +27 11 269-9721 or email ayanda.sisulu@rmb.co.za
   
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Dealmakers
   
VUKILE ESCALATES TO A NEW LEVEL WITH RMB

RMB provided the Vukile Property Fund with a multi-disciplinary real estate solution for its recent R2.5-billion property acquisitions.

Rand Merchant Bank recently facilitated two major transactions for Vukile to acquire additional properties, including a 50% undivided stake in the iconic East Rand Mall. These deals have been instrumental in facilitating Vukile’s growth strategy in the South African real estate market, while adding to RMB’s successful track record of providing innovative real estate finance and advisory solutions.

Contact Richard North on +27 11 282-8547, email richard.north@rmb.co.za or
Nic Morris on +27 11 282-1229, email nic.morris@rmb.co.za
   
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Dealmakers
   
KENYA'S FUTURE IN A NEW LIGHT

RMB serves as mandated lead arranger and sole funder in a 6-year, US$ 60-million loan for The Kenya Power and Lighting Company Limited.

Building on its existing relationship with Kenya Power, Rand Merchant Bank facilitated an innovative financial solution that will enable the company to expand its power transmission and distribution activities, and to deliver against the infrastructure component of the Kenyan government’s Vision 2030 Initiative.

Contact Misheck Chingaya on +27 11 282-8280, email misheck.chingaya@rmb.co.za or Lloyd Muposhi on +254 020 233 7927, email lloyd.muposhi@rmb.co.za
   
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Dealmakers
 
   
DITTO FOR LETSATSI

RMB is sole mandated lead arranger for the 75MW Letsatsi Solar Power PV Project.

Rand Merchant Bank is proud to be financier of choice for the Letsatsi Solar Power PV Project, located in the sun-rich Free State province. Among the largest in the world, Letsatsi is one of the first solar parks being developed under the SA Department of Energy’s Renewable Energy Programme. RMB is also financing many other utility-scale renewable energy projects, through a variety of specialised funding solutions.

Contact Daniel Zinman on +27 11 282-4271 or email daniel.zinman@rmb.co.za
   
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Dealmakers
   
RMB POWERS UP THE LESEDI SOLAR PROJECT

RMB is sole mandated lead arranger for the 75MW Lesedi Solar Power PV Project.

Rand Merchant Bank is proud to be a financier of choice for the Lesedi Solar Power PV Project, located in the sun-rich Northern Cape. Among the largest in the world, Lesedi is one of the first solar parks being developed under the SA Department of Energy’s Renewable Energy Programme. RMB is also financing many other utility-scale renewable energy projects, through a variety of specialised funding solutions.

Contact Daniel Zinman on +27 11 282-4271 or daniel.zinman@rmb.co.za
   
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Dealmakers
   
RMB AND KAXU REFLECT A BRIGHTER FUTURE

RMB is the sole co-ordination bank and joint mandated lead arranger for the 100MW Kaxu Solar One CSP Project.

Rand Merchant Bank is proud to be a key financing partner for the Kaxu Project — one of the biggest concentrated solar power (CSP) projects in the world, located in the sun-rich Northern Cape. It is the largest project to date to reach financial close in the SA Department of Energy’s Renewable Energy Programme, and one of the largest project financings in the region. RMB is also financing many other utility-scale renewable energy projects through a variety of specialised funding solutions.

Contact Khetha Mbatha on +27 11 282-1263 or email khetha.mbatha@rmb.co.za
   
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Dealmakers
   
GROWTH PROSPECTS CAST IN CONCRETE

RMB acts as co-transaction adviser, sole debt and hedging arranger, underwriter and participating funder of AfriSam’s local debt solution.

Rand Merchant Bank developed and structured an innovative, multi-disciplinary financial solution for AfriSam, including cross-border advisory, hedging and debt financing. RMB led the consortium of local banks that funded AfriSam’s debt financing package, positioning AfriSam, a leading black-controlled construction materials group in southern Africa, for sustainable and continued growth.

Contact Nielen van de Vyver on +27 11 282-4220, email nielen.vandevyver@rmb.co.za or Hugo le Roux on +27 11 282-1695, email hugo.leroux@rmb.co.za
   
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Dealmakers
   
FOR RMB AND UMOYA THE ANSWER IS BLOWING IN THE WIND

RMB is the sole mandated lead arranger for Umoya Energy’s 67MW Hopefield Wind Farm.

Rand Merchant Bank is proud to be the financier of choice for the Hopefield Wind Farm, located in the Western Cape — one of the first wind farms to be developed under the SA Department of Energy’s Renewable Energy Programme. RMB is also financing many other utility-scale renewable energy projects, through a variety of specialised funding solutions.

Contact James Price on +27 11 282-4407 or email james.price@rmb.co.za
   
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Dealmakers
   
INNOVATIVE IDEAS. CONSISTENT RESULTS.

RMB continues to deliver consistent performance in the annual DealMakers Magazine Awards.

As a leading African investment bank, RMB was ranked first in four key categories in the annual Dealmakers Magazine Awards 2012: M&A — Investment Advisers (Deal Value and Deal Flow); General Corporate Finance — Investment Advisers and Sponsors (Transaction Value). We thank our clients for their continued support, and our colleagues for their energy and commitment to consistently delivering innovative financial solutions.

Contact Paul Roelofse on +27 11 282-1274, email paul.roelofse@rmb.co.za or Carel Vosloo on +27 11 282-4143, email carel.vosloo@rmb.co.za
   
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Dealmakers
 
   
THINK RENEWABLE ENERGY. THINK RMB.

RMB arranges R10-billion financing for renewable energy projects.

Rand Merchant Bank’s innovative funding solutions are enabling the development of some of the world’s largest wind and solar energy projects, being deployed under the first round of the SA Department of Energy’s ground-breaking Renewable Energy Programme. These projects will help make a meaningful contribution to the delivery of a sustainable renewable energy industry in the country and will deliver tangible benefits to local communities through skills transfer and the creation of jobs.

Contact Dario Musso on +27 11 282-4443, email dario.musso@rmb.co.za or Hugh Hawarden on +27 11 282-8153, email hugh.hawarden@rmb.co.za
   
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Renewable energy
   
TOGETHER, RMB AND KATHU HARNESS THE ENERGY OF THE SUN

RMB is sole mandated lead arranger for the R3.5-billion Kathu Solar Energy Project.

Rand Merchant Bank is proud to be the financier of choice for the 81MW Kathu Solar PV Project, located in the sun-rich Northern Cape. Kathu will be one of the largest solar PV parks in the world and is among the first to be developed under the SA Department of Energy’s Renewable Energy Programme. RMB is also financing other utility-scale renewable energy projects, through a variety of specialised funding solutions.

Contact Dario Musso on +27 11 282-4443 or email dario.musso@rmb.co.za
   
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Kathu
   
RMB. A HEAD FOR MINING.

Banking and financial resources for Africa’s resource sector.

Rand Merchant Bank continues to stay ahead by providing a wide range of specialist financial services to the mining industry throughout Africa. Our traditional values and innovative ideas deliver comprehensive solutions — from structuring and project finance to advisory and corporate debt solutions. Our experience and knowledge has made us a trusted investment banking partner of choice among our clients.

Contact Henk Deist on +27 11 282-4345 or email henk.deist@rmb.co.za
   
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RMB acted as global co-ordinator, initial mandated lead arranger and bookrunner in a US $150-million syndicated loan for PTA Bank.
   
RMB RAISES CAPITAL FOR COMMODITIES IN TANZANIA

RMB arranges a commodity finance facility for Mohammed Enterprises Tanzania Limited's (MeTL) expansion.

Rand Merchant Bank's track record and expertise in commodities led to the structuring of a US$100-million commodity finance facility for one of the largest diversified businesses in East Africa. RMB, a leading African investment bank, is proud to partner MeTL, one of Africa's foremost importers and exporters, in their growth strategy.

Contact Moses Singo on +27 11 282-4423, email moses.singo@rmb.co.za or Peter Christelis on +27 11 282-4434, email peter.christelis@rmb.co.za
   
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RMB acted as global co-ordinator, initial mandated lead arranger and bookrunner in a US $150-million syndicated loan for PTA Bank.
   
THE WHOLE MAKES MORE THAN THE SUM OF THE PARTS

RMB served as sole adviser to MMI, FNB Namibia and FirstRand in a R720-million deal which combines the strengths of Momentum Namibia and Metropolitan Namibia.

Rand Merchant Bank reinforces its cross-border capability by bringing together two powerful Namibian brands in a complicated transaction involving several stakeholders in both South Africa and Namibia. RMB advised the stakeholders on every aspect of the deal in both countries.

Contact Steve Galloway on +264 61 299 8317, email steve.galloway@rmb.com.na or Jan Cronje on +27 11 282-8597, email jan.cronje@rmb.co.za
   
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RMB acted as global co-ordinator, initial mandated lead arranger and bookrunner in a US $150-million syndicated loan for PTA Bank.
 
   
RMB RAISES THE NAMIBIAN FLAG ON THE JSE

RMB served as joint lead arranger and bookrunner on a R3-billion medium term note for the Republic of Namibia, listing Namibian sovereign bonds in the South African debt capital markets.

RMB together with FNB Namibia secured a lead role in this ground-breaking deal which will be the first ever listing of sovereign bonds into another sovereign’s debt capital market. It enables the Republic of Namibia to diversify its debt portfolio, access alternative funding and establish a benchmark in South Africa for other Namibian issuers.

Contact Ayanda Sisulu-Dunstan on +27 269-9721, email ayanda.sisulu@rmb.co.za or Gideon Vos on +27 11 282-8362, email gideon.vos@rmb.co.za
   
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RMB acted as global co-ordinator, initial mandated lead arranger and bookrunner in a US $150-million syndicated loan for PTA Bank.
   
AT RMB WE UNDERSTAND, IT'S ALL ABOUT RELATIONSHIPS.

RMB and Petra Diamonds continue their long-term relationship in a new 6-year, R2.1-billion multi-currency transaction.

Rand Merchant Bank is proud to have arranged and structured new debt facilities of R1.6-billion and US$60-million, co-funded with Absa Capital and the International Finance Corporation. Involving various debt tranches across each currency and innovative cross-collateralisation arrangements, this deal demonstrates RMB’s long-term support for Petra’s growth objectives to become a leading global diamond producer. 

Contact Sandile Mbulawa on +27 11 282-1020, email sandile.mbulawa@rmb.co.za or Armond Boshoff on +27 11 282-4971, email armond.boshoff@rmb.co.za
   
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RMB acted as global co-ordinator, initial mandated lead arranger and bookrunner in a US $150-million syndicated loan for PTA Bank.
   
ANNUITY EXHIBITS A STRONG DESIRE FOR GROWTH

RMB acts as sole debt arranger and funder for Annuity Properties’ recent acquisitions.

In a deal that adds meaningfully to Annuity’s property collection, Rand Merchant Bank is proud to have funded the recent acquisition of six premium assets worth R865-million. Having financed Annuity’s initial acquisition prior to listing, this transaction demonstrates RMB’s commitment to partnering our clients as they grow. 

Contact David Downes on +27 11 282-8115, email david.downes@rmb.co.za or Mark Fox on +27 11 282-1928, email mark.fox@rmb.co.za
   
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RMB acted as global co-ordinator, initial mandated lead arranger and bookrunner in a US $150-million syndicated loan for PTA Bank.
   
RMB AND PTA BANK BREAK GROUND IN AFRICA

RMB acted as global co-ordinator, initial mandated lead arranger and bookrunner in a US $150-million syndicated loan for PTA Bank.

Rand Merchant Bank is proud to have made a difference in multinational African finance, by taking a multi-disciplinary role in PTA Bank's (The Eastern and Southern African Trade and Development Bank) first international syndicated loan. This deal enables PTA Bank to continue its growth, while promoting and expanding African trade and investment. 

Contact Gideon Vos on +27 11 282-8362, email gideon.vos@rmb.co.za or
Nana Phiri on +27 11 282-8804, email nanagolo.phiri@rmb.co.za
   
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RMB acted as global co-ordinator, initial mandated lead arranger and bookrunner in a US $150-million syndicated loan for PTA Bank.
   
RMB VENTURES PACKAGES A DEAL FOR ALL SEASONS

RMB Ventures has acquired a significant stake in Grapetek (manufacturer of Uvasys) — global leader in grape transport preservation technology.

RMB Ventures and Pan-African Private Equity have co-invested with Grapetek CEO Pieter van der Westhuyzen and management, to acquire the company. Grapetek Uvasys SO2 sheets are the global brand of choice for farmers, enabling year-round global trade in table grapes. 

Contact Nick Hudson on +27 11 282-1324, nick.hudson@rmb.co.za or
Amina Pahad on +27 11 282-1413, amina.pahad@rmb.co.za
   
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RMB Ventures packages a deal for all seasons (Grapetek acquisition)
 
   
MEDICLINIC PUTS ITS TRUST IN RMB’S EXPERTISE

RMB acts as adviser, mandated lead arranger and funder in a multi-disciplinary deal involving Mediclinic’s R28-billion financial restructuring.

Rand Merchant Bank provided a comprehensive range of multi-disciplinary solutions in order to optimise Mediclinic’s capital structure and accelerate its growth. The R28-billion restructuring, which involved complex transactions across Switzerland, South Africa and Dubai, is one of the largest of its kind in South African history.

Contact Paul Roelofse on +27 11 282-1274, email paul.roelofse@rmb.co.za or Coenie de Villiers on +27 21 658-9369, email coenie.devilliers@rmb.co.za
   
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RMB acts as adviser, mandated lead arranger and funder in a multi-disciplinary deal involving Mediclinic’s R28-billion financial restructuring. 
   
RANDS AND SENSE FOR 'ALL THE PEOPLE'

RMB acts as sole financial adviser and joint bookrunner to Batho Bonke (All The People) on the realisation of its R3.26-billion stake in Absa.

Rand Merchant Bank is proud to have advised the Batho Bonke empowerment consortium on the realisation of its 3.4% stake in the Absa Group Limited. The shares were sold to a broad range of local and international investors by way of a globally-marketed accelerated bookbuild offering. This landmark deal illustrates RMB’s capability to deliver seamless multi-disciplinary solutions to our clients, from advice to execution.

Contact Craig Forbes on +27 11 282-1156, email craig.forbes@rmb.co.za or
Dale Wood on +27 11 282-1711, email dale.wood@rmb.co.za
   
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RMB acts as sole financial adviser and joint bookrunner to Batho Bonke (All The People) on the realisation of its R3.26-billion stake in Absa.
   
RMB EQUIPS IDWALA WITH THE TOOLS TO SHAPE THEIR FUTURE

RMB served as mandated lead arranger and joint bookrunner in a flexible, R1.56-billion multi-tranche, high-yield bond for Idwala Industrial Holdings (Pty) Ltd.

Rand Merchant Bank builds on its established relationship with Idwala by structuring the largest ever listed high-yield bond in South Africa. This transaction combines the best of traditional banking options together with asset management instruments, to create a versatile funding solution which strengthens Idwala’s funding base, while providing maximum financial flexibility. 

Contact Shannon Baker on +27 11 282-8503, email shannon.baker@rmb.co.za or Daniella Ressel on +27 11 282-1272, email daniella.ressel@rmb.co.za
   
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RMB served as mandated lead arranger and joint bookrunner in a flexible, R1.56-billion multi-tranche, high-yield bond for Idwala Industrial Holdings (Pty) Ltd.
   
RMB REINFORCES PPC'S SUSTAINABLE GROWTH

RMB advises PPC on their second phase R1.1-billion broad-based BEE transaction.

Rand Merchant Bank is proud to have advised PPC on a further BEE ownership transaction. The deal positions PPC to be able to secure the conversion of its mining rights and underscores its commitment to sustainable growth, transformation and broad-based BEE ownership.

Contact Craig Forbes on +27 11 282-1156, email craig.forbes@rmb.co.za or Kgolo Qwelane on +27 11 282-1482, email kgolo.qwelane@rmb.co.za
   
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RMB advises PPC on their second phase R1.1-billion broad-based BEE transaction
   
RMB AND MTN SEND A CLEAR SIGNAL TO ZAMBIA

Rand Merchant Bank served as sole lead arranger and funder in a US$65-million ICT infrastructure deal for MTN Zambia.

Building on its excellent relationships with a variety of key role players in the African telecommunications sector, Rand Merchant Bank connected MTN Zambia with Huawei for a capital equipment purchase that will add significant ICT infrastructure, giving Zambia improved connectivity. The deal gives MTN increased network capacity and Huawei increased uptake of its leading ICT solutions, in Africa.

Contact Keith Webb on +27 11 282-1443, email keith.webb@rmb.co.za or
Arnold van Wyk on +27 11 282-8276, email Arnold.vanwyk@rmb.co.za
   
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Rand Merchant Bank served as sole lead arranger and funder in a US$65-million ICT infrastructure deal for MTN Zambia
 
   
CAPITAL FOR AFRICA. BY AFRICA.

RMB serves as initial mandated lead arranger in a US$600-million syndicated loan facility.

Rand Merchant Bank is proud to have acted as initial mandated lead arranger for the funding of supranational Afreximbank (African Export-Import Bank) in this term facility. This deal builds on a successful relationship with Afreximbank, demonstrating RMB’s trusted experience and skills in creating sustainable expansion, diversification and development of African trade across the continent.

Contact Gideon Vos on +27 11 282-8362, email gideon.vos@rmb.co.za or
Nana Phiri on +27 11 282-8804, email nanagolo.phiri@rmb.co.za
   
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RMB serves as initial mandated lead arranger in a US$600-million syndicated loan facilitys
   
RMB PARTNERS WACO INTERNATIONAL TO MAKE A BOLD STATEMENT

RMB Ventures is proud to be a co-investor in purchasing Waco International from foreign investors.

RMB Ventures are co-investors in the Ethos-led private equity buy-out of Waco International. Waco international is a South African business with operations around the world, providing scaffolding and relocatable modular buildings. This brings the company back to local ownership and positions them for further growth, while demonstrating RMB Ventures’ appetite for private equity deals.

Contact Nick Hudson on +27 11 282-1324, email nick.hudson@rmb.co.za or Cassim Motala on +27 11 282-4543, email cassim.motala@rmb.co.za
   
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RMB Ventures is proud to be a co-investor in purchasing Waco International from foreign investors.
   
THE TIMES THEY ARE A-CHANGIN' FOR AVUSA

RMB advised, arranged and funded Times Media’s 100% acquisition of Avusa.

Rand Merchant Bank is proud to have provided a multi-disciplinary advisory and lending solution to Times Media Group Limited in a deal designed to unlock value for Avusa shareholders. The deal signals a new era and positions Avusa for further growth.

Contact Craig Forbes on +27 11 282-1156, email craig.forbes@rmb.co.za or Nielen van de Vyver on +27 11 282-4220, email nielen.vandevyver@rmb.co.za
   
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RMB advised, arranged and funded Times Media’s 100% acquisition of Avusa.
   
RMB PLACES ITSELF FULLY BEHIND CONSOL GLASS

RMB acts as adviser and arranger to Consol Glass on a new R5.85-billion local debt package to refinance its offshore Bonds.

Rand Merchant Bank acted as sole transaction adviser, mandated lead arranger, bookrunner, joint underwriter and co-funder to Consol Glass on a uniquely innovative R5.85-billion local debt solution to replace their Euro-denominated offshore bonds. This ZAR funding package gives Consol the flexibility to continue to grow and maintain its market leading position.

Contact Robert Leon on +27 11 282-1815, email robert.leon@rmb.co.za or
Nielen van de Vyver on +27 11 282-4220, email nielen.vandevyver@rmb.co.za
   
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RMB acts as adviser and arranger to Consol Glass on a new R5.58-billion local debt package to refinance its offshore Bonds
   
RMB BACKS BRAIT'S STRATEGIC GROWTH

RMB was mandated as the sole advisor, arranger, underwriter and sponsor for Brait’s Perpetual Preference Share offering.

Rand Merchant Bank partnered Brait in raising R1.5-billion in Perpetual Preference Share capital, this being the largest non-bank issuance in the South African listed perpetual preference share market. Such capital raising will assist Brait in meeting their long term growth objectives through cost effective and flexible funding.

Contact Lorraine Hanna on +27 11 282-8327, email lorraine.hanna@rmb.co.za or Daniella Keet on +27 11 282-1272, email daniella.keet@rmb.co.za
   
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Rand Merchant Bank partnered Brait in raising R1.5-billion in Perpetual Preference Share capital, this being the largest non-bank issuance in the South African listed perpetual preference share market
 
   
RMB AND TCTA DELIVER A PIPELINE FOR A BRIGHTER FUTURE

RMB served as mandated principal funder of the Trans-Caledon Tunnel Authority’s (TCTA) bulk water augmentation projects for a total of R1.6-billion.

Rand Merchant Bank proudly served as principal funder for the Komati and Mokolo-Crocodile pipelines that deliver water to critical power stations, by offering an innovative, variable payment structure. These deals build on RMB’s water infrastructure financing capability while continuing to develop crucial water delivery for South Africa’s energy needs.

Contact Hugh Hawarden on +27 11 282-8153,
email hugh.hawarden@rmb.co.za or James Price on +27 11  282-4407,
email james.price@rmb.co.za
   
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RMB served as mandated principal funder of the Trans-Caledon Tunnel Authority’s (TCTA) bulk water augmentation projects for a total of R1.6-billion
   
RMB GETS ON BOARD ETHEKWINI'S SERVICE DELIVERY STRATEGY

RMB served as lead arranger and sole funder for a R1-billion loan facility for the eThekwini Municipality.

Rand Merchant Bank provided the funds to the city for ongoing basic service delivery projects to the people of eThekwini through clinics, roads, electricity, water, sanitation, waste water management, refuse removal and more. This not only serves as a vote of confidence in the city from RMB, but demonstrates RMB’s capabilities in providing innovative solutions to municipal government.

Contact Handri Kymdell on +27 11 282-8347 or email handri.kymdell@rmb.co.za
   
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RMB served as lead arranger and sole funder for a R1-billion loan facility for the eThekwini Municipality.
   
RMB DELIVERS MORE OPTIONS TO THE RETAIL EXPERTS

RMB acted as joint bookrunner, adviser and sponsor to JD Group in its debut, R1-billion 5-year convertible bond issue.

Rand Merchant Bank, in its third convertible bond issue to date, created an innovative hybrid solution raising R1-billion for JD Group in a single day. Due to its complex and multifaceted nature, this deal involved the co-operation of several specialist areas within the bank, illlustrating RMB’s position as a leading provider of innovative solutions — and the only bank to have arranged all the JSE-listed ZAR convertible bonds.

Contact Barry Martin on +27 11 282-8118, email barry.martin@rmb.co.za or Justin Bothner on +27 11 282-4150 or email justin.bothner@rmb.co.za
   
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RMB acted as joint bookrunner, adviser and sponsor to JD Group in its debut, R1-billion 5-year convertible bond issue.
   
WHILE STOCKS LAST

RMB lists R4.7-billion convertible bond for Shoprite on the Main Board of the JSE.

Rand Merchant Bank is proud to have listed the largest ever convertible bond on the Main Board of the JSE. The deal helped Shoprite raise capital while giving investors an instrument that combines the credit protection of a bond, with the upside benefits of shares.

Contact Barry Martin on +27 11 282-8118, email barry.martin@rmb.co.za or
Dale Wood on +27 11 282-1711, email dale.wood@rmb.co.za
   
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RMB lists R4.7-billion convertible bond for Shoprite on the Main Board of the JSE
   
RMB HELPS SOUTH AFRICA INC STAND PROUD OFFSHORE

RMB raises US$1.85-billion for SA Inc from the international markets — in 2012.

Rand Merchant Bank is proud to have been chosen by National Treasury for the second consecutive year, to participate in its highly successful US$1.5-billion issuance. RMB was also joint lead manager and bookrunner on African Bank's US$350-million substantially oversubscribed international bond, as well as joint lead manager on a GB£255-million auto loan deal for FirstRand's Moto Novo.

Contact Ayanda Sisulu-Dunstan on +27 11 269-9721, email ayanda.sisulu@rmb.co.za or Martin Richardson on +44 (0)20 79391777, email martin.richardson@rmb.co.uk
   
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RMB raises US$1.85-billion for SA Inc from the international markets – in 2012
   
R7.8-BILLION DEAL COMMEMORATES VISIONARY PARTNERSHIP BETWEEN RMB AND ROYAL BAFOKENG NATION

Rand Merchant Bank advised on and structured SA's largest third-party funded preference share transaction for the purchase by Royal Bafokeng Holdings of an additional 10% equity stake in RMBH and RMIH.

In a transaction where Royal Bafokeng Holdings (RBH) further diversifies its investment portfolio, in line with their 202 strategic vision, RMB structured, advised on, and co-arranged the R7.8-billion funding for RBH to finance its acquisition.

Contact Hanna on +27 11 282-8327, email lorraine.hanna@rmb.co.za or
Brett Nagle on +27 11 282-8708, email brett.nagle@rmb.co.za
   
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Rand Merchant Bank advised on and structured SA's largest third-party funded preference share transaction for the purchase by Royal Bafokeng Holdings of an additional 10% equity stake in RMBH and RMIH
 
   
RMB PARTNERS EXXPONENTIAL GROWTH

RMB acts as sole adviser, arranger, bookrunner and co-funder for R8-billion Exxaro debt facility.

In a deal that builds on our long-standing relationship with Exxaro, Rand Merchant Bank recently acted as the architect of one of South Africa’s largest corporate debt-raisings. From its initial listing and split from Kumba in 2006, to the Medupi Expansion Project in 2008, to the current debt facility, RMB has partnered with Exxaro to provide diverse financial solutions.

Contact Daniel Smart on +27 11 269-9565, email daniel.smart@rmb.co.za or Henk Deist on +27 11 282-4345, email henk.deist@rmb.co.za
   
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RMB acts as sole adviser, arranger, bookrunner and co-funder for R8-billion Exxaro debt facility.
   
RMB BRINGS PIONEER'S POWERFUL BRANDS TO THE BEE TABLE

Rand Merchant Bank acts as sole external funder in Pioneer Foods R1.6-billion B-BBEE deal.

RMB is proud to act as sole external funder in a deal that increases and broadens direct black ownership of this significant player in the food and beverage industry in Southern Africa. This transaction will also result in a meaningful additional cash injection, earmarked to accelerate Pioneer Foods’ growth strategy.

Contact Coenie de Villiers on +27  21 658-9369, email coenie.devilliers@rmb.co.za or JM Erasmus on +27 21 658-9366, email jm.erasmus@rmb.co.za
   
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Rand Merchant Bank acts as sole external funder in Pioneer Foods R1.6-billion B-BBEE deal.
   
RMB'S OPTIMUM COAL-LABORATION

A R2.2-billion loan facility is the latest in Rand Merchant Bank’s 5-year, holistic investment banking offering to Optimum Coal Holdings.

Rand Merchant Bank has acted as co-ordinating bank, lead arranger and facility agent to Optimum Coal Services and Optimum Coal Holdings Limited in their R2.2-billion amortising, general corporate, revolving term loan facility. The deal builds on RMB’s long-term relationship with Optimum in which they have provided a wide range of holistic products and solutions from acquisition finance to capex funding, general banking facilities, JSE listing and now, a general revolving term facility.

Contact Armond Boshoff on +27 11 282-4971, email armond.boshoff@rmb.co.za or Henk Deist on +27 11 282-4345, email henk.deist@rmb.co.za
   
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A R2.2-billion loan facility is the latest in Rand Merchant Bank’s 5-year, holistic investment banking offering to Optimum Coal Holdings.
   
ACTOM TRANSFORMS ITS CURRENT OFFERING

RMB advised, structured and co-underwrote ACTOM’s 100% acquisition of Savcio.

Rand Merchant Bank is proud to have provided a multi-disciplinary advisory and lending solution to ACTOM, in a deal that positions ACTOM as the pre-eminent diversified electrical engineering business in South Africa. The acquisition of Savcio enhances ACTOM’s product and service offering, building on ACTOM’s growth potential.

Contact Craig Forbes on +27 11 282-1156, email craig.forbes@rmb.co.za
or Nielen van de Vyver on +27 11 282-4220, email nielen.vandevyver@rmb.co.za
   
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RMB advised, structured and co-underwrote ACTOM’s 100% acquisition of Savcio
   
MONEY FOR AFRICA.

RMB commits resources, for resources in Africa.

Rand Merchant Bank is committed to the sustainable future of the African continent and its people, with financial solutions available for resource deals that develop Africa’s mining and energy potential.

Contact Henk Deist on +27 11 282-4345, email henk.deist@rmb.co.za or
Gary Buisansky on +27 11 282-8417, email gary.buisansky@rmb.co.za
   
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RMB commits resources, for resources in Africa
   
A DEAL WORTH ITS WEIGHT IN GOLD ONE

RMB advises a consortium of Chinese investors in the acquisition of a controlling interest in Gold One International Limited.

Rand Merchant Bank is proud to have advised a consortium of Chinese investors, led by Baiyin Non-Ferrous Group Co Ltd, on an innovatively structured transaction that sees the consortium becoming the long-term strategic partner of Gold One, while also providing capital to accelerate Gold One’s growth plans. This deal represents the largest investment by Chinese investors in the African gold sector and endorses RMB’s ability to deliver investment banking solutions to clients in the China-Africa investment corridor.

Contact Craig Forbes on +27 11 282-1156 or email craig.forbes@rmb.co.za
   
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RMB advises a consortium of Chinese investors in the acquisition of a controlling interest in Gold One International Limited
   
RMB MS MOMENTUM ASSET MANAGEMENT

RMB Morgan Stanley serves as transition manager in implementing Momentum Asset Management's new best investment view.

RMB Morgan Stanley successfully facilitated the implementation of the new best investment view for Momentum Asset Management — the combined offering of the merged RMB Asset Management and Metropolitan Asset Managers. The solution to this large and complex transaction, with multiple underlying client portfolios, reflects the innovative thinking of both RMB Morgan Stanley and Momentum Asset Management, further endorsing the successful track record of RMB Morgan Stanley in transition trades.

Contact Matthew Rattray on +27 11 282-8341 or email Matthew.Rattray@rmbmorganstanley.co.za
   
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RMB Morgan Stanley serves as transition manager in implementing Momentum Asset Management's new best investment view


IKEJA CITY MALL

RMB Westport is proud to have developed and let the Ikeja City Mall in Lagos — the largest retail complex in West Africa.

RMB Westport is a real estate fund that is focused on the development of retail and office space in select African jurisdictions. Through careful management of the entire project, the 22 000 m2 Ikeja City Mall will open on schedule and on budget. With our roots firmly in Africa, RMB Westport has the knowledge, relationships and experience to make a difference for those who want to break new ground in Africa.

Contact Michael O’Malley on +234 1280-2005, email michael.omalley@wportprop.com or Simon Fifield on +27 11 282-1270, email simon.fifield@rmb.co.za
   
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SMART PARTNER SUPPORTS PICKnPAY'S GROWTH

RMB provides a R900-million restructured funding package for PicknPay's business growth.

Rand Merchant Bank served as term lender to the PicknPay group in an innovative transaction designed to help PicknPay grow its business. The deal included extending maturities of previously held loans as well as providing a new secured funding tranche at a competitive funding rate for our client.

Contact Coenie de Villiers on +27 21 658-9369, email coenie.devilliers@rmb.co.za or Barry Martin on +27 11 282-8118, email barry.martin@rmb.co.za
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THINKING THAT CAN CHANGE OUR WORLD

Rand Merchant Bank makes a significant commitment towards building South Africa's renewable energy sector.

The search for renewable energy is no longer an option, it's an imperative. Rand Merchant Bank has the passion, the experience and the risk appetite to enable major projects in the renewable energy sector. Through our deep understanding of independent power producers, RMB's Infrastructure Finance team is able to deliver value-enhancing, holistic solutions for all stakeholders. To date RMB has made a significant commitment exceeding R13-billion across senior debt, mezzanine debt and equity, towards building the renewable energy sector in South Africa.

Contact Dario Musso on +27 11 282-4443, email dario.musso@rmb.co.za or
Hugh Hawarden on +27 11 282-8153, email hugh.hawarden@rmb.co.za
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WE DO SOME OF OUR BEST DEALS ON THE GOLF COURSE

RMB's specialist Real Estate Investment Banking division provides a comprehensive structured financing solution to The Houghton.

Rand Merchant Bank provided fresh liquidity for the completion of the prestigious Houghton Golf Estate development. Based on the long relationship we have with our client, our Real Estate Investment Banking division enabled the full potential of the estate to be unlocked.

Contact Louis Schnetler on +27 11282-1865 or email louis.schnetler@rmb.co.za
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SA EXPRESS POWERED BY RMB

RMB's Structured Asset Finance team acts as sole arranger, structurer and bookrunner for SA Express's operating lease of seven additional Bombardier Q400 aircraft.

In a deal that adds seven fuel-efficient, twin-engine turboprop aircraft to SA Express's fleet, RMB structured an operating lease that involved financial innovation and technical reconfiguration. The transaction demonstrates RMB's experience in aviation finance and positions SA Express to further expand its routes across the African skies.

Contact Greg McKenzie on +27 11 282-8143, email greg.mckenzie@rmb.co.za or Paul Kennedy on +27 11 282-4558, email paul.kennedy@rmb.co.za
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THINKING THAT GOES DEEPER THAN MINING

RMB assisted Anglo American Platinum Ltd in their landmark R3.5-billion community empowerment transaction.

Rand Merchant Bank is proud to have assisted Amplats in going beyond compliance and thinking beyond mining — in its thirty year commitment to community development. The transaction involved the creation of separate but interconnected trusts that will benefit host communities and key Labour Sending Areas. The transaction lays the foundation for sustainable growth and economic development in these host communities.

Contact Craig Forbes on +27 11 282-1156 or email craig.forbes@rmb.co.za
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RMB HELPS ANCHOR GRINDROD FOR GROWTH

RMB advises Remgro on its strategic investment in Grindrod.

Rand Merchant Bank is proud to have acted as transaction adviser to Remgro for its landmark investment in Grindrod Limited, providing Grindrod with an anchor shareholder who supports the company's strategic growth objectives. RMB designed a unique transaction structure for the R2-billion share issue to ensure an optimal outcome for Remgro, Grindrod and their shareholders.

Contact Paul Roelofse on +27 11 282-1274 or email paul.roelofse@rmb.co.za
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POWER TO THE PEOPLE OF GHANA

RMB arranges US$23.5-million deal for Ghana Grid Company Limited.

Expanding its portfolio of power deals and its experience in utility finance in Africa, Rand Merchant Bank is proud to have acted as sole lead arranger and financier for Ghana Grid Company Limited's US$23.5-million Smelter II Substation project. The deal, which was supported by the Export Credit Insurance Corporation of South Africa, will see the construction of a 161/34.kVsubstation to strengthen the transmission backbone of Ghana.

Contact Ato Gyasi +27 11 282-1827, email ato.gyasi@rmb.co.za or Khetha Mbatha +27 11 282-1263, email khetha.mbatha@rmb.co.za
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INVESTING IN MANY HAPPY RETURNS

RMB invests R450-million in the purchase of Tracker, South Africa's leading vehicle tracking company.

RMB Ventures in a consortium with management and two other significant partners have acquired Tracker. Tracker has developed a range of highly sophisticated technologies since the 1990's and continues to innovate — making it a compelling investment for RMB Ventures.

Contact Eutychus Mbuthia on +27 11 282-8209, email eutychus.mbuthia@rmb.co.za or Andrew Aitken on +27 11 282-4658, email andrew.aitken@rmb.co.za
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RMB HELPS HARMONY MINE INTERNATIONAL RESOURCES

Rand Merchant Bank jointly arranges and underwrites a US$ syndicated loan for Harmony Gold Mining Company Ltd for their expansion in Papau New Guinea.

RMB acted as joint mandated lead arranger, bookrunner and underwriter in providing a US$300-million, 4-year loan facility to Harmony. Syndicated to selected international lenders, this facility serves as initial funding for Harmony's world-class mining operations in Papau New Guinea, providing Harmony with access to global liquidity.

Contact Henk Deist on +27 11 282-4345, email henk.deist@rmb.co.za or
Ian Lessem on +27 11 282-1440, email ian.lessem@rmb.co.za
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THINKING THAT CAN CHANGE OUR WORLD

RMB Namibia proudly partners local FNB Group.

RMB Namibia brings local commitment to local development with an experienced and market leading investment banking team that is committed to unlocking the potential in Namibia, for Namibians.

Contact Visit us at 18 Liliencron Street, The Village, Windhoek or
Steve Galloway on +264 61 299 8317; Johan Piek on +264 81 355-4959; Matthias Langheld on +264 85 555-3707 or Henk Ludik on +264 81 141 2606
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DENNY MANAGEMENT BUY OUT

RMB Ventures and Pan African Private Equity partner management in Denny MBO.

In a deal that sees the multi-disciplinary talents of RMB working seamlessly together, RMB Ventures has backed the management of Denny Mushrooms and helped one of South Africa's best-known companies to broaden its strategic horizon. RMB Ventures underwrote the deal and arranged the debt, which was provided by Rand Merchant Bank.

Contact Simon Murray on +27 11 282-4468, email simon.murray@rmb.co.za  or Eutychus Mbuthia on +27 11 282-8209, email eutychus.mbuthia@rmb.co.za
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GROWING TOGETHER FOR FIVE REMARKABLE YEARS

RMB Morgan Stanley partnership growing from strength to strength.

Five years into the joint venture, RMB Morgan Stanley has built up a market leading position in equity sales, trading and research and continues to collect accolades from the industry and from its peers. In the 2011 PwC Peer Ranking of Banks, RMB Morgan Stanley was rated as the top equity and listings house in South Africa. In the 2011 Financial Mail Ranking the Analysts survey, it was rated as the best equity sales force and the best for quality of service. In equity derivatives, RMB Morgan Stanley was also ranked as the number one house in South Africa by Risk magazine in 2010.

Contact Matthew Rattray on +27 11 282-8341 or Matthew.Rattray@rmbmorganstanley.co.za
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RMB SWEETENS ZAMBIA SUGAR

RMB helps to co-arrange US$128-million corporate loan for Zambia Sugar.

Rand Merchant Bank, in association with FNB Zambia, is proud to have acted as co-mandated lead arranger for Zambia's largest ever Zambian Kwacha denominated corporate lending. The US$128-million loan to Zambia Sugar Plc, the country's leading sugar producer and single largest employer in the Mazabuka region, will be used to assist in the funding of the company's recently completed major agricultural and factory expansion.

Contact Mike Sage on +27 11 282-4752, email mike.sage@rmb.co.za or
Arnold van Wyk on +27 11 282-8276, email arnold.vanwyk@rmb.co.za
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RMB FOCUSES ON DISCOVERY'S PERPETUAL VITALITY

RMB acts as joint adviser, joint book runner and joint transaction sponsor to Discovery Holdings Limited for its R800-million Perpetual Preference Share capital raising.

Rand Merchant Bank is proud to have partnered Discovery in the successful private placement of R800-million, non-cumulative, non-redeemable Perpetual Preference Shares. Discovery, the market leader in healthcare, risk cover and wellness benefits, will use the capital to support growth of existing business and to explore new business opportunities.

Contact Lorraine Hanna on +27 11 282-8327, email lorraine.hanna@rmb.co.za or Daniella Keet on +27 11 282-1272, email daniella.keeet@rmb.co.za
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RMB FLAG FLIES HIGH IN TANZANIA

RMB co-arranges US$250-million sovereign loan for United Republic of Tanzania.

Rand Merchant Bank is proud to have acted as co-mandated lead arranger and co-bookrunner for the recent US$250-million syndicated loan to the Ministry of Finance of the Government of the United Republic of Tanzania.

Contact Ato Gyasi on +27 11 282-1827, email ato.gyasi@rmb.co.za or
Ian Lessem on +27 11 282-1440, email ian.lessem@rmb.co.za
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THE JOURNEY CONTINUES

RMB congratulates Bombela and the Gauteng Province on completing the Gautrain Rapid Rail Link System.

Rand Merchant Bank is proud to have partnered Bombela and the Gauteng Province on this visionary project. RMB is a leader in infrastructure finance and PPP's and continues to play a key role in developing vital infrastructure across Africa.

Contact Werner van Oudenhove on +27 11 282-8121, email werner.vanoudenhove@rmb.co.za or Cindy Govender on +27 11 282-4665, email cindy.govender@rmb.co.za
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RMB SERVES UP A FEAST FOR STAKEHOLDERS

RMB advises, arranges and co-funds Cyril Ramaphosa and Shanduka's purchase of McDonald's South Africa.

Rand Merchant Bank served up its full menu of investment banking expertise to enable Cyril Ramaphosa and the Shanduka Group to secure a firm foothold in South Africa's food and beverage sector. Building on an already excellent relationship, RMB acted as transaction and debt advisor, mandated lead arranger, joint underwriter and co-funder of the 20-year Master Franchise Agreement with McDonalds Corporation.

Contact Rob Leon on +27 11 282-1815, email robert.leon@rmb.co.za or
Ernest Kwinda on +27 11 282-4604, email ernest.kwinda@rmb.co.za
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RMB MPACTS THE JSE

Rand Merchant Bank unbundles and lists Mpact.

Rand Merchant bank is proud to have acted as financial adviser, sponsor and joint debt provider in a uniquely innovative deal that sees Mpact, a new packaging giant, unbundled from Mondi to list separately on the JSE. Mpact is now re-packaged and ideally positioned for the pursuit of its growth strategy.

Contact Dale Wood on +27 11 282-1711 or email dale.wood@rmb.co.za
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WE'D LIKE TO THANK THE PEOPLE THAT COUNT

RMB is again ranked top in investment banking.

We are extremely proud that our peers have, once again, rated us top in investment banking in South Africa. We'd like to thank our clients and our colleagues for helping us to achieve another solid performance in the 2011 PwC Peer Ranking of Banks.

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RMB PARTNERS BRAIT IN CUTTING A GEM

Multi-disciplinary RMB team assists Brait in concluding one of Africa's largest private equity capital raisings.

Rand Merchant Bank is proud to have assisted Brait in concluding one of the largest private equity capital raisings ever undertaken in Africa. The transaction raised over R15-billion of capital in the equity and debt markets for Brait, Pepkor and certain of its shareholders. RMB acted as financial and debt adviser, lead arranger and co underwriter of both the equity and debt facilities in respect of the Brait transaction. RMB also acted as financial and debt adviser to Brait's largest shareholder, Titan.

Contact Paul Roelofse on +27 11 282-1274, email paul.roelofse@rmb.co.za or
John Ehlers on +27 11 282-8257, email john.ehlers@rmb.co.za
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DBSA BANKS ON SOUTHERN AFRICA

Rand Merchant Bank arranges a US$130-million loan for the Development Bank of Southern Africa.

RMB is proud to be the first South African bank to extend a US$ currency loan to DBSA. RMB acted as sole funder for the US$130-million which DBSA will be using as bridging finance for developments in the region.

Contact Ayanda Sisulu-Dunstan on +27 11 269-9721 or email ayanda.sisulu@rmb.co.za
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RMB HELPS BARLOWORLD GO ROUND

Rand Merchant Bank places R1.074-billion corporate bonds for Barloworld.

RMB is proud to have acted as sole lead arranger for the recent placement of R1.074-billion corporate bonds for South Africa's diversified industrial giant, Barloworld. The 5 and 7-year instruments help position Barloworld for future growth.

Contact Barry Martin on +27 11 282-8118, email barry.martin@rmb.co.za or
Chris Welthagen on +27 11 282-8635, email chris.welthagen@rmb.co.za
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THINK AFRICA. THINK RMB.

Winner of the ACQ Global Awards 2011, Africa — Investment Bank of the Year and M&A Advisory of the Year.

Rand Merchant Bank has established itself as an award-winning investment banking solutions provider to its clients in over 35 countries in Africa, across a wide range of industries.

Contact Michael Larbie on +27 11 282-1233, email michael.larbie@rmb.co.za
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MOVING UPSTREAM IN AFRICA

Rand Merchant Bank provides a US$30-million revolving credit facility to Tullow Oil plc for its upstream oil projects.

RMB continues to fuel its solid track record in Africa, which includes a US$100-million pre-export financing facility for BP in Angola and US$35-million in development finance for Kosmos Energy's offshore assets in Ghana. In our latest deal, we provided part of a revolving credit facility (which features multiple debt tranches and currencies) to Tullow Oil, for their upstream projects.

Contact Gary Buisansky on +27 11 282-8417 or email gary.buisansky@rmb.co.za
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RMB HELPS REBOSIS BUILD A DREAM FROM REALTY

RMB provides integrated solutions to Rebosis in South Africa's largest IPO.

Rand Merchant Bank's Real Estate Investment Banking team is proud to have advised, structured, funded and listed Rebosis in the largest property IPO in South African history. With an intimate understanding of our client's business, developed through a relationship spanning many years, RMB provided an integrated, multifaceted solution to Sisa Ngebulana, helping him lay the foundation for a very promising future.

Contact Simon Fifield on +27 11 282-1270, email simon.fifield@rmb.co.za or
Nic Morris on +27 11 282-1229, email nic.morris@rmb.co.za
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NON-FICTION

RMB's collection of accelerated bookbuild deals positions it as a leading Equity Capital Markets franchise in South Africa.

Rand Merchant Bank's Equity Capital Markets team is proud of the number and quality of accelerated placings achieved over the past few years. We believe that the quantity of deals completed is a result of the quality of advice we give our clients, our global distribution ability, our deep market knowledge and smart timing.

Contact Justin Bothner on +27 11 282-4150 or email justin.bothner@rmb.co.za
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AMDEC SEES THE GLASS AS 100% FULL

RMB helps Amdec purchase 100% of Melrose Arch with a R500-million loan facility.

Rand Merchant Bank’s Real Estate Investment Banking team is proud to have acted as the sole funder and structurer of Amdec’s acquisition of 50% of the Melrose Arch precinct from local and foreign shareholders, making them 100% owners of this iconic property.  In a highly complex deal, RMB’s ability to integrate asset class expertise with investment banking skills provided Amdec with an innovative debt solution to this exciting equity opportunity.

Contact Emrie Brown on +27 21 658-9308, email emrie.brown@rmb.co.za or
Andrew Ward on +27 21 658-9346, email andrew.ward@rmb.co.za
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RMB GUARANTEES REAL CAPITAL FOR REAL PEOPLE

Rand Merchant Bank arranges South Africa's first partially guaranteed corporate bond.

RMB is proud to have acted as lead arranger and guarantor for Real People's innovative, R400-million partially guaranteed corporate bond. RMB provided sufficient credit support to secure an 'A' rating on this bond, thereby facilitating Real People's effective entry into the South African debt capital markets.

Contact Scott Muzzell on +27 11 282-8967 or email scott.muzzell@rmb.co.za
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EDCON SETS A NEW TREND

RMB acts as joint lead manager for Edcon's benchmark R1.01-billion local super senior secured bond.

Rand Merchant Bank is proud to have co-arranged and managed this country's largest high yield bond issuance. Setting a new trend in the market, the R1.01-billion super senior secured note, due in 2016, is a significant vote of confidence in Edcon, South Africa's leading clothing, textile, footwear, stationery and houseware brand.

Contact Barry Martin on +27 11 282-8118, email barry.martin@rmb.co.za or
Nishen Padayachee on +27 11 282-8087, email nishen.padayachee@rmb.co.za
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BOND GIVES SERVEST LICENCE TO GROW

RMB Arranges R600-million local high yield bond for Servest.

Rand Merchant Bank is proud to have been mandated as lead arranger and book runner for Servest's R600-million local high yield bond. Comprising 5 and 7-year tranches, this bond offers one of the country's leading multi-service providers a flexible funding facility and delivers a high yielding asset to investors.

Contact Shannon Baker on +27 11 282-8503, email shannon.baker@rmb.co.za or Daniella Keet on +27 11 282-1272, email daniella.keet@rmb.co.za
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RMB FLIES THE FLAG FOR NATIONAL TREASURY

Rand Merchant Bank acts as co-lead arranger for new Sovereign US$750-million 30-year bond.

In a transaction highlighting RMB's substantial international distribution capabilities, we are proud to be the only local bank appointed by the National Treasury to arrange the highly successful US$750-million issuance which matures in 2041 and priced at 180bps over the US Treasury.

Contact Ayanda Sisulu-Dunstan on +27 11 269-9721, email ayanda.sisulu@rmb.co.za or Martin Richardson on +44 207939 1777, email martin.richardson@rmb.co.uk
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MORUPULE UNEARTHS THE POWER OF COAL

RMB and FNB Botswana in a P1.2-billion funding deal for the Morupule Colliery expansion.

Rand Merchant Bank is proud to have collaborated with FNB Botswana in the successful participation for the funding of the Morupule Colliery expansion.  The expanded colliery will serve as the sole source of coal for the Botswana Power Corporation, helping it to substantially increase its power supply to the nation.

Contact Kholeka Mabuya on +27 11 282-8525, email kholeka.mabuya@rmb.co.za or Henk Deist on +27 11 282-4345, email henk.deist@rmb.co.za
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RMB FUELS RMI LAUNCH

RMB creates Rand Merchant Insurance Holdings in RMB Holdings restructuring.

In a highly complex deal, Rand Merchant Bank is proud to have advised RMB Holdings on the separation of its banking and insurance interests through the unbundling to shareholders of a new insurance giant, Rand Merchant Insurance Holdings. Operating in distinctly different sectors of the insurance industry, through OUTsurance, MMI and Discovery and being listed separately on the JSE, RMI Holdings sees the unlocking of further shareholder value.

Contact Paul Roelofse on +27 11 282-1274 or email paul.roelofse@rmb.co.za
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TALENT. TEAMWORK. TRACK RECORD. TEAM RMB DEALMAKERS 2010

RMB's winning formula scoops six wins at the annual DealMakers Awards.

Rand Merchant Bank is proud to have dominated this year's DealMakers Awards with six main category wins: Mergers & Acquisitions — Deal Value, General Corporate Finance — Deal Value and Deal Flow, Sponsor — Mergers & Acquisitions (Deal Flow), Sponsor — General Corporate Finance (Deal Value and Deal Flow). We thank our clients for their support and our colleagues for their energy, dedication and remarkable talent.

Contact Carel Vosloo on +27 11 282-4143, email carel.vosloo@rmb.co.za or
Paul Roelofse on +27 11 282-1274, email paul.roelofse@rmb.co.za
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RMB WELCOMES ROYAL BAFOKENG HOLDINGS TO OUR FINANCIAL SERVICES COMMUNITY

RMB acts as sole funder to Royal Bafokeng Holdings for their R2.5 billion equity stake in RMB Holdings Limited.

In a transaction that sees Royal Bafokeng Holdings (RBH) diversify further into financial services, Rand Merchant Bank is proud to have funded RBH for their recent subscription for an equity stake in RMB Holdings Limited.  RBH’s investment into our financial services community is aligned with their vision — to become the world’s leading community-based investment company. 

Contact Lorraine Hanna on +27 11 282-8327, email lorraine.hanna@rmb.co.za or Brett Nagle on +27 11 282-8708, email brett.nagle@rmb.co.za
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TOURIST ICON RETURNS HOME

RMB co-funds Growthpoint's share of V&A Waterfront acquisition.

Rand Merchant Bank's Real Estate Investment Banking team is proud to have acted as joint debt underwriter for Growthpoint's recent V&A Waterfront deal. The R9.7-billion transaction sees this iconic tourist attraction return to South African ownership.

Contact Simon Fifield on +27 11 282-1270 or David Downes on +27 11 282-8112 or email rmbrealestate@rmb.co.za
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SIGNS OF SUCCESS ACROSS AFRICA

Substantial African deals signal RMB's strategy to become the continent's leading investment bank.

For more than a decade, Rand Merchant Bank has provided financial solutions to clients across 35 countries in Africa.  Our solid track record of investment banking deals, makes RMB a leading financial business partner on the continent.

Contact Michael Larbie on +27 11 282-1233 or email rmbafrica@rmb.co.za
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RMB DELIVERS CLOVER TO THE JSE

RMB raises R575-million fresh equity capital for Clover through JSE listing.

Rand Merchant Bank is proud to have acted as financial adviser, bookrunner, sponsor and stabilisation manager on the recent R1.7-billion listing of Clover Industries Limited on the Johannesburg Stock Exchange (JSE). The listing and R575-million capital-raising enables Clover, one of this country's oldest companies and most iconic household brands, to take the next step in an exciting new phase of its development.

Contact Irshaad Paruk on +27 11 282-8021 or email Irshaad.paruk@rmb.co.za
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MOMENTUM AND METROPOLITAN — SO MUCH STRONGER TOGETHER

Rand Merchant Bank advises FirstRand and Momentum on the recent R30-billion MMI merger.

In the biggest M&A deal of the year, RMB's Corporate Finance team is proud to have advised FirstRand and Momentum on the merger with Metropolitan as well as the unbundling by FirstRand of its shares in Metropolitan. The two companies together will create a leading insurance-based financial services group that will significantly expand product offerings, target markets and growth prospects in South Africa and elsewhere in Africa.

Contact Leon von Moltke on +27 11 282-8206 or email leon.vonmoltke@rmb.co.za
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RMB HELPS MTN SEND A POWERFUL MESSAGE ABOUT ITS FUTURE

RMB implements the MTN Zakhele Black Public offer — South Africa's biggest telecommunications BEE deal to date.

Rand Merchant Bank helps MTN to build its future by sharing it. Acting as adviser, structurer, co-debt arranger and co-funder, RMB is proud to have successfully implemented MTN's new broad-based BEE transaction. MTN Zakhele, which was created for Black Investors, was substantially oversubscribed and raised R2.7-billion.

Contact Paul Roelofse on +27 11 282-1274 or email paul.roelofse@rmb.co.za
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RMB ROLLS OUT RED CARPET FOR A ROYAL LISTING

RMB acts as joint adviser, joint bookrunner, stabilisation manager and sponsor for the Royal Bafokeng Platinum IPO.

RMB is proud to have advised Royal Bafokeng Platinum on its R3-billion equity capital raising and R10-billion listing on the Johannesburg Stock Exchange (JSE).  This landmark transaction creates an independently controlled and managed, broad-based black empowered platinum group metals producer and enables Royal Bafokeng Platinum to accelerate its expansion programme, continuing its journey towards becoming one of the world’s leading PGM producers.

Contact Dale Wood on +27 11 282-1711 or email dale.wood@rmb.co.za
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RMB helps Land Bank reap a bumper harvest

Land Bank ushers in a fresh, new season with a substantially over-subscribed inaugural bond issuance.

Strengthening its deep-rooted relationship with Land Bank, Rand Merchant Bank is proud to have co-arranged their R10-billion DMTN programme — with an inaugural R1.2-billion bond issuance. The market’s strong support for this issuance heralds a new dawn for the Land Bank.

Contact Ayanda Sisulu-Dunstan on +27 11 282-9721 or email ayanda.sisulu@rmb.co.za
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RMB flies high in Ethiopian airspace

RMB acts as lead debt arranger and co-funder to a lesser acquiring an aircraft currently leased to Ethiopian airlines.

Rand Merchant Bank’s Asset-based Finance team has successfully arranged and co-funded the acquisition by a leasing company of an aircraft, currently on lease to Ethiopian Airlines.  The deal plays a major role in RMB’s Africa strategy as Ethiopian Airlines has become one of the African continent’s leading carriers and has turned Addis Ababa into a major international hub.

Contact Greg McKenzie on +27 11 282-8143 or email greg.mckenzie@rmb.co.za
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RMB cuts multi-faceted deal for Petra Diamonds

RMB commits to long-term relationship with Petra Diamonds in a dazzling R300-million deal.

Rand Merchant Bank is proud to have structured and funded a five and a half-year, R300-million debt facility for Petra Diamonds to be used as an enabler for the company’s future growth strategy across Africa. The deal, which involves an innovative cross-collateralisation arrangement with IFC’s parallel US$40-million facility, sees RMB’s commitment to Petra’s long-term success underscored with a share purchase warrants package as part of the structure.

Contact Henk Deist on +21 11 282-4345, email henk.deist@rmb.co.za or
Sandile Mbulawa on +27 11 282-1020, email sandile.mbulawa@rmb.co.za
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RMB goes off-shore for Ghana's new black star

RMB co-arranges development finance for Ghana's Jubilee Oil Field.

Rand Merchant Bank is proud to have provided Kosmos Energy, an independent US-based oil and gas exploration and production company, with US$35 million development finance as part of its funding for Phase 1 of Ghana's offshore Jubilee Oil Field. This discovery will transform the economy of Ghana and extends RMB's strategy of becoming the leading investment bank on the continent.

Contact Gary Buisansky +27 11 282-8417 or email gary.buisansky@rmb.co.za
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Partnering to build a powerful platform for the future

RMB's long-term relationship with Bombela and the Gauteng Province powers ahead.

Rand Merchant Bank, a leading player in PPP and Infrastructure Finance in South Africa, is proud of its 20-year partnership with Bombela and the Gauteng Province, as the Gautrain Project advances to final completion.

Contact Werner van Oudenhove on +27 11 282-8121, email werner.vanoudenhove@rmb.co.za or Cindy Govender on +27 11 282-4665, email cindy.govender@rmb.co.za
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Packaged for Remgro by RMB

RMB places 11.8% of Nampak through a R1.4-billion accelerated bookbuild.

Rand Merchant Bank, acting as joint adviser and bookrunner, is proud to have assisted Remgro with its exit from Nampak Limited through a R1.4-billion accelerated bookbuild placing.  The placing was significantly oversubscribed with interest from South African and international investors.  The transaction further enhances RMB’s reputation s the country’s leading equity capital markets franchise.

Contact Justin Bothner on +27 11 282-4150 or email justin.bothner@rmb.co.za
   
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Key relationship unlocks Imperial Bond

RMB acts as co-lead arranger for R2-billion Imperial Group bond issuance.

Driving a remarkable 20-year relationship forward with Imperial, Rand Merchant Bank’s Debt Capital Markets team is proud to have arranged a R2-billion bond issuance consisting of a R500-million 5-year floating rate bond and a R1.5-billion 7-year fixed rate bond.

Contact Barry Martin on +27 11 282-8118 or email barry.martin@rmb.co.za
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R3.5-Billion in just one week — now that's Ayoba

RMB arranges R1.5-billion of commercial paper and R2-billion of corporate bonds for MTN — in one week.

Rand Merchant Bank, as co-lead arranger, is proud to have successfully initiated South Africa's largest corporate issuance in recent times. The issuances provide MTN with funding from 3 months to 7 years.

Contact Barry Martin on +27 11 282-8118 or email barry.martin@rmb.co.za
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Getting to the very fibre of ICT

RMB provides advisory, structuring and funding solutions for clients in the information and communications technology (ICT) value chain across Africa.

Instant access to information is a key enabler of any successful modern business. RMB has a deep understanding of the multi-faceted information and communication technology industry. We are proud to have advised, structured and arranged funding for leading industry players in over 10 African countries.

Contact Keith Webb on +27 11 282-1443 or email keith.webb@rmb.co.za
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The new age of Aquarius dawns

RMB’s multifaceted R2.3bn funding deal for Aquarius Platinum wins The Banker Award for Restructuring Deal of the Year in Africa.

Rand Merchant Bank is proud to have won The Banker Award for Restructuring Deal of the Year in Africa. The Aquarius Platinum deal highlights our partnership approach to client business. RMB coordinated and jointly advised Aquarius on a complex, multi-jurisdictional funding solution to raise R2.3bn which significantly strengthened the mining company’s balance sheet and competitively repositioned it to take advantage of opportunities presented by the market.

Contact Carel Vosloo on +27 11 282-4143 or email carel.vosloo@rmb.co.za
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Shareholders give Anglo Platinum the rights sign

RMB advises Anglo Platinum on its R12.5-billion offer.

In a deal that strengthens its long-standing relationship with Anglo Platinum, Rand Merchant Bank is proud to have advised the company on its recent substantially over-subscribed rights offer. Underwritten by Anglo Platinum’s parent company, Anglo American, the rights offer has rebalanced the company’s capital structure allowing it to focus on optimising value from its premium portfolio of assets.

Contact Carel Vosloo on +27 11 282-4142 or email carel.vosloo@rmb.co.za
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RMB accommodates Wits with 22-year loan

RMB partners with the University of the Witwatersrand in a R430-million deal to increase student residence capacity.

The University of the Witwatersrand has signed at R430-milllion loan agreement with Rand Merchant Bank to fund post-graduate student accommodation over a 22-year period. The student lifestyle centre, situated in Parktown, will help to alleviate accommodation pressures in the area, assist the city of Johannesburg’s urban renewal programme and support the government’s goals for higher education.

Contact Simon Fifield on +27 11 282-1270 or simon.fifield@rmb.co.za
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African Bank and RMB develop a powerful bond

RMB mandated lead arranger for unique 3-instrument bond issuance for African Bank.

Rand Merchant Bank is proud to have been selected by African Bank as their arranger for the recent R1.75-billion multi-instrument bond issuance. For the first time, three type of bonds — fixed, floating and inflation-linked, were placed in a single auction for African Bank. The combined power of African Bank’s strength in the capital markets and RMB’s extensive investor reach was demonstrated in the issuance being significantly oversubscribed.

Contact Barry Martin on +27 11 282-8118 or barry.martin@rmb.co.za
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Wilderness takes on the concrete jungle

RMB acts as adviser, book runner and sponsor for Wilderness Safaris’ restructuring and dual listings.

Rand Merchant Bank is proud to have helped Wilderness Safaris continue its growth as a sustainable conservation and ecotourism business, by restructuring the Group and listing it on both the Botswana Stock Exchange and the JSE Africa Board — a market first. These listings will enable Wilderness Safaris to continue its philosophy of developing profitable, sustainable conservation economies.

Contact Barry Martin on +27 11 282-8118 or barry.martin@rmb.co.za
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