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A ZAR2.2-bn loan facility is the latest in RMB’s five-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.