Enabling business that
invests in the future

Harmony Gold Mining Deal

Absa Corporate and Investment Banking (Absa CIB) and emerging market mining specialist, Harmony Gold Mining Company Limited (Harmony), have finalised a new syndicated, multi-tranche, multi-currency, sustainability-linked and green use of proceeds term debt package (the “New Syndicated Facilities”). This is a landmark and market leading transaction. Not only is it one of the largest completely sustainability-linked debt packages on the African continent, it is also the largest in the sector over the last 12 months.

In a transaction valued at approximately R10.40bn, Absa CIB were mandated by Harmony as Joint Global Co-ordinator, Bookrunner, Sustainability Co-ordinator, Mandated Lead Arranger, Facility Agent and Sustainability Agent on the New Syndicated Facilities.

The New Syndicated Facilities comprised:

  • A green use of proceeds R1.50bn term loan
  • A sustainability linked $100mn term loan
  • A sustainability linked R2.50bn revolving credit facility
  • A sustainability linked $300mn revolving credit facility

Meet the team

Unlocking your potential with insight and sustainable solutions.


Tawanda Madondo


Andrew Sprenger


Heidi Barends

Absa Awards

Our prestigious awards are a testimony to our Corporate and Investment Banking capabilities that are anchored on supporting the growth of key sectors of our economy, building strong partnerships with our clients as well as connecting clients to larger markets through our regional and global footprint

Recent Articles

Unlocking your potential with insight and sustainable solutions.


Harmony and Absa conclude ground-breaking ESG transaction

Absa Corporate and Investment Banking (CIB) and multinational resource group Harmony Gold Mining group have finalised a renewable energy transaction which is a landmark leading transaction in the South African mining space.


Greening Affordable Housing with Transcend

We strive to enable sustainability by ensuring the needs of our clients, people and planet are met. Transcend Residential Property Fund Limited, in partnership with Absa, is positively contributing to this vision by providing green affordable housing.


Innovative financing for sustainable growth

We are proud to have contributed R1.65bn and further leveraged our dedicated ESG financing team, to structure a R1.7bn sustainability-linked tranche that supports environmental protection and inclusive growth for our client Exemplar REITail Limited.


Redefining the future through green energy finance

Green, clean, energy is the way to go. Our R5,2bn deal with Globeleq demonstrates our commitment to the financing of clean energy and the acceleration of investments that make a sustainable impact on the communities we serve. The bravery to imagine. That’s Africanacity


Partnering to Power Africa

Making business visions a reality with a R11,6 billion renewable energy project