RMB partners Brait in cutting a gem

RMB assisted 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.