20 Mar IDC raises ZAR 2bn in maiden sustainable bond – receives huge subscription endorsement from IFC
The Industrial Development Corporation (IDC) has issued a highly successful ZAR 2.046 billion inaugural sustainability bond, surpassing the ZAR 1.5 billion target with an orderbook of ZAR 3.464 billion. The bonds were issued across 5-, 7-, 10-, and 12-year tenors, with strong demand at the...