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 Why Africa is Emerging as a Strategic Global Connector Global trade is being reshaped by geopolitics, as supply chains fragment and new alliances redraw the map of commerce. For Africa, this is not just disruption, it’s a strategic opening. Read more RISK MANAGEMENT Why East Africa Is Emerging as Africa’s Trade Growth Engine East Africa, led by Kenya, is emerging as a powerful trade hub driven by infrastructure investment, regional integration and expanding intra-African trade. As a gateway for natural resources, it boasts rare earths, gold, nickel, cobalt, graphite, and other commodities the world needs. Read more RISK MANAGEMENT The New Centre of Market Resilience Sabir Ballim, Head of Transactional Banking FI Sales UK/EU and US, and Mosetsana Mahlafunya, Group Head of Absa Investor Services, explore how custody has progressed, due to the evolution of African markets. Read more
