Lavious Sedibane on Muck Rack

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CDH acted as counsel to IDC, advising on all aspects of the bond issuance

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By Mohammed Saib, Lutfiyya Ramiah, Lavious Sedibane
| cliffedekkerhofmeyr.com
The issuance, which received an orderbook of ZAR 3,464 billion, comprises fixed and floating rate bonds across 5-, 7-, 10-and 12-year tenors. The proceeds will be allocated to projects in line with the IDC’s Sustainable Finance Framework, reinforcing its commitment to sustainable industrial development, employment generation, socioeconomic advancement, and climate and environmental financing.
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