RMB equips Idwala with the tools to shape their future

RMB served as mandated lead arranger and joint bookrunner in a flexible, ZAR1.56-bn 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.