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RMB acted as joint lead manager for Edcon's benchmark ZAR1.01-bn 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.