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
Facebook
Twitter

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

Related Articles

RISK MANAGEMENT

Innovation Starts with the Problem

Siphumelele Mavuma, Head: Integrated Platforms at Absa CIB, explains how the bank partners with fintechs to co-create solutions for clients.

RISK MANAGEMENT

Instant Payments and Africa’s Shifting Regulatory Landscape

Amarnath Telukdarie, Product Development: Payments Clearing and Settlement at Absa CIB, explores the evolving payments landscape across Africa, highlighting the push for harmonisation and the regulatory complexities that shape cross-border transactions.

PUBLIC SECTOR

Why Africa’s Urban Resilience Depends on Access to Capital

In 2017, as Cape Town faced one of the most severe droughts in its history, the city issued a R1 billion green bond – South Africa’s first municipal instrument of its kind. The proceeds were channelled into projects designed to strengthen long-term urban resilience: electric bus procurement, water systems, energy efficiency upgrades, coastal infrastructure, and sanitation treatment.