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RMB provided US$50-m of traction to the African rail leasing industry.
Rand Merchant Bankacted 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.