DEALS Local to global through innovative banking Absa | Corporate and Investment Banking > Insights and Events > Local to global through innovative banking SHARE We are proud to have been awarded the sole mandate in support of Excellerate’s offshore bid for GS Associates, valued at £35.5 million. We are proud to have acted as original lender and arranger on this transaction, in support of Excellerate’s bid for UK-based contract cleaning and support services provider, GS Associates (“GSA”). Building on our decade-long relationship with Excellerate – a leading facilities management company in South Africa operating across Africa and the Middle East – we structured a globally competitive and innovative financing solution tailored to their needs. This enabled them to expand into the UK market and achieve their vision of becoming a leading provider of integrated property solutions in the EMEA region. This transaction directly contributes to our vision of being the continent’s leading investment bank, highlighting our commitment to our local clients as they expand globally. The bravery to imagine. That’s Africanacity. Please contact our Head of SA Debt, Chetan Jeeva, to find out more Contact us https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Expanding the continent’s access to green energy We are proud to have acted as Mandated Lead Arranger, Hedge Bank, Agent Bank and Account Bank for EDF-R’s three wind energy projects, part of South Africa’s REIPPP Programme. Read more DEALS Cutting the perfect deal, flawless in its execution We are proud to have successfully assisted Petra Diamonds in structuring a tender offer to holders of their existing bonds. Read more DEALS Absa Corporate and Investment Banking India Exim Bank Absa Corporate and Investment Banking and India Exim Bank have entered into an Issuing Bank Agreement Read more
