DEALS Sustainable financing structures for growing places Absa | Corporate and Investment Banking > Insights and Events > Sustainable financing structures for growing places SHARE We are proud to have acted as Mandated Lead Arranger, Sustainability Co-ordinator and Lender to refinance Pareto’s current borrowings. Combining Absa’s understanding of the Pareto Group and our market leading sustainable financing expertise, we were able to raise over R9bn of demand for the transaction. Pareto, as a leading corporate citizen in South Africa and dedicated sustainability player, has allocated two thirds of the transaction to a “Sustainability-Linked” format. By achieving annual sustainability targets, Pareto will enjoy a pricing benefit, which will be used for water saving initiatives across the property portfolio. This deal underscores Absa’s commitment to providing innovative capital markets solutions that promote environmental protection and inclusivity within society. The bravery to imagine. That’s Africanacity. Find out more about our Commercial Property Finance solutions Contact us https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles RISK MANAGEMENT JIBAR Reform The SARB’s Market Practitioners Group has endorsed that the South African interest rate market adopts a Credit Adjustment Spread (CAS) estimation methodology, consistent with international practices and based on ISDA’s recommendation. Read more RISK MANAGEMENT Africa’s Trade Problem Isn’t What You Think Ask most people about Africa’s trade challenges, and they’ll point to infrastructure—congested ports, unreliable roads, or logistical bottlenecks. But the real constraint isn’t what you can see; it’s what you can’t. Read more RISK MANAGEMENT Rethinking Portfolio Resilience in Volatile Markets Periods of market turbulence have long been a test of investor conviction. When uncertainty grips financial markets—driven recently by shifting U.S. administrative policies, fluctuating interest rates, or geopolitical tensions—traditional portfolios often reveal their vulnerabilities. Read more
