Don’t have your Nedbank ID yet?
Nedbank ID single sign-on gives you full digital access to Nedbank’s banking and lifestyle products and services on the Money app or Online Banking.
Log in
Log in to Online Banking or another one of our secured services.
Get in touch
Find us
- Login & Register
- Online Banking
- Online Share Trading
- NedFleet
- Register for Nedbank ID
- About us
- Awards
- Deals
- Explore About us
- Awards
- Deals
- R4bn Tronox deal funds two 100MW solar plants
- Billions to help Redefine build green properties
- Harmony pursues green goals with R10 billion loan
- Cold solutions finance for cold storage facilities
- International Finance Corporation green bond fund
- Envusa energy deal: The way for renewable energy
- Paladin Energy senior debt funding partnership
- Renewable energy wind farm financing
- Stor-Age’s successful inaugural bond auction
- PlusNet, Peninsula Packaging and Barrier Film Convertors co-investment opportunity | Nedbank CIB
- IFC Green Loan | Nedbank CIB
- AngloGold appoints Nedbank CIB as sole underwriter | Nedbank CIB
- Nedbank CIB Property Finance Team achievement | Nedbank CIB
- PwC Tower, Westlands — Where Kenya's corporate vision meets world-class execution
- Mining finance for gold projects in Africa | Nedbank CIB
- R4bn Tronox deal funds two 100MW solar plants
- Billions to help Redefine build green properties
- Harmony pursues green goals with R10 billion loan
- Cold solutions finance for cold storage facilities
- International Finance Corporation green bond fund
- Envusa energy deal: The way for renewable energy
- Paladin Energy senior debt funding partnership
- Renewable energy wind farm financing
- Stor-Age’s successful inaugural bond auction
- PlusNet, Peninsula Packaging and Barrier Film Convertors co-investment opportunity | Nedbank CIB
- IFC Green Loan | Nedbank CIB
- AngloGold appoints Nedbank CIB as sole underwriter | Nedbank CIB
- Nedbank CIB Property Finance Team achievement | Nedbank CIB
- PwC Tower, Westlands — Where Kenya's corporate vision meets world-class execution
- Mining finance for gold projects in Africa | Nedbank CIB
- Women of Corporate Investment Banking
- Young Analyst Programme
- Insights
- Articles
- Conferences
- Explore Insights
- Articles
- Commercial property trends 2022
- Green energy in the developing world | Nedbank CIB
- How sustainable finance creates value
- How the property sector recovered in 2023
- FURTHER IMPACT empowerment for entrepreneurs
- There's a new buoyancy around water and sanitation
- What happens when finance meets sustainability?
- Africa’s renewable-energy projects
- Breaking barriers for energy transition in mining
- Nedbank CIB wins big at 2025 IFC Awards
- South Africa leads clean energy transformation
- Commercial property trends 2022
- Green energy in the developing world | Nedbank CIB
- How sustainable finance creates value
- How the property sector recovered in 2023
- FURTHER IMPACT empowerment for entrepreneurs
- There's a new buoyancy around water and sanitation
- What happens when finance meets sustainability?
- Africa’s renewable-energy projects
- Breaking barriers for energy transition in mining
- Nedbank CIB wins big at 2025 IFC Awards
- South Africa leads clean energy transformation
- Conferences
- Solutions
- Corporate Finance
- Financing
- Investing
- London
- Markets
- Nedbank Business Hub
- Transacting
- Explore Solutions
- Corporate Finance
- Financing
- Investing
- London
- Markets
- Nedbank Business Hub
- Transacting
- Sustainability
- Explore Sustainability
- Contact us
- Explore Contact us
Conclusion of a R1,billion term funding facility for the IDC
Nedbank CIB Public Sector Debt Finance is proud to announce a R1 billion term-funding facility to the Industrial Development Corporation (IDC) to support the IDC's investment mandate.
The IDC is one of the most crucial state-owned companies in South Africa, with a mandate to develop industrial capacity and contribute to an inclusive economy.
The IDC, through its funding of various industries and sectors, promotes regional development and integration, economic empowerment of communities and the growth of black industrialists. Additionally, it remains committed to promoting environmentally sustainable growth.
The IDC is at the forefront of supporting the critical sectors of the economy, including mining, agriculture, manufacturing, tourism and telecommunications industries. To achieve this, the IDC raises the necessary funding from the debt capital markets, development finance institutions, and commercial banks.
Drawing on the Nedbank CIB Public Sector Team’s expertise, this deal highlights Nedbank’s continued support of the IDC’s commitment to fostering economic growth through funding that is used to create and sustain jobs while having a positive impact on the industrialisation of the South African and African markets.
The 5-year R1 billion term facility was concluded on a bilateral basis and follows a previous long-standing bilateral funding relationship between Nedbank and the IDC.
Related posts
See all
Successful conclusion of a sustainability R2-billion Tier II bond
Nedbank Corporate and Investment Banking (NCIB) is pleased to announce the successful conclusion of a R2 billion sustainability tier II bond listed on the sustainability segment of the JSE on 7 November 2024.
Published 10 Dec 2024 in nedbank:cib/deals
Strategic partnership secures R4.5 billion for Limpopo's water infrastructure
In a landmark move to address South Africa’s escalating water crisis, Nedbank Corporate and Investment Banking (CIB) has successfully closed a R4.5 billion term loan facility to the Trans-Caledon Tunnel Authority (TCTA) for the Mokolo-Crocodile River Water Augmentation Project Phase 2A (MCWAP-2A). This financial collaboration underscores Nedbank’s unwavering commitment to sustainable development and critical infrastructure projects.
Published 23 Jul 2024 in nedbank:cib/deals
Strategic partnership secures R4.5 billion for Limpopo's water infrastructure
In a landmark move to address South Africa’s escalating water crisis, Nedbank Corporate and Investment Banking (CIB) has successfully closed a R4.5 billion term loan facility to the Trans-Caledon Tunnel Authority (TCTA) for the Mokolo-Crocodile River Water Augmentation Project Phase 2A (MCWAP-2A). This financial collaboration underscores Nedbank’s unwavering commitment to sustainable development and critical infrastructure projects.
Published 23 Jul 2024
Nedbank CIB arranges landmark auction for Stor-Age
As a leading debt capital market arranger in the property sector, Nedbank CIB is proud to announce its role in assisting Stor-Age with the establishment of its Domestic Medium-Term Note (DMTN) Programme and executing its inaugural public bond auction as the sole lead arranger. Stor-Age raised R500 million across two notes of offer, which listed on the JSE on the 18th of April 2024. Nedbank was also appointed in various agency roles on the programme, including the debt sponsor and paying, settlement, transfer, calculation and issuer agent.
Published 04 Aug 2024 in nedbank:cib/deals
Nedbank CIB arranges landmark auction for Stor-Age
As a leading debt capital market arranger in the property sector, Nedbank CIB is proud to announce its role in assisting Stor-Age with the establishment of its Domestic Medium-Term Note (DMTN) Programme and executing its inaugural public bond auction as the sole lead arranger. Stor-Age raised R500 million across two notes of offer, which listed on the JSE on the 18th of April 2024. Nedbank was also appointed in various agency roles on the programme, including the debt sponsor and paying, settlement, transfer, calculation and issuer agent.
Published 04 Aug 2024
