Row rect Shape Decorative svg added to bottom 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 The Critical Role of Banks in Unlocking PPP Success Bakang Letshwiti, Head of Public Sector Coverage and Pulana Mokwele, Coverage Banker, Absa CIB, explain how public–private partnerships can be leveraged to overcome South Africa’s infrastructure-funding crisis and unpack the vital role banks play in making those collaborations effective. Read more RISK MANAGEMENT Digital White Paper 2025 Technology is reshaping how we live, work and connect, and how businesses deliver value. At Absa CIB, this isn’t just about keeping up; it’s about leading the way. Our commitment to digital value creation goes beyond mere technological adoption; it’s about reimagining the very essence of banking for the digital age. Read more RISK MANAGEMENT Africa’s financial markets stride forward with reforms, as capital dabbles in emerging markets Rocky trade relations and troubled economies have been plaguing financial markets worldwide, but Africa is positioning itself for success. Absa's Jeff Gable, Chief Economist, and Anthony Kirui, Head of Global Markets for Africa Regions, explore how African countries are laying the foundation for long-term structural transformation, even in the face of global adversity. Read more