Nedbank to tap market for $400m
![South African rand](https://assets.euromoneydigital.com/dims4/default/a8f8539/2147483647/strip/true/crop/227x150+0+0/resize/840x555!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F75%2F85%2Fc5c9f799bf60e385aa787f282d5c%2Fsouthafricarandlionforweb.jpg)
Nedbank is planning to tap the market for a new loan, the first of an expected parade of South African bank borrowers. While bankers still worry about aspects of lending into the country, including a potential ratings downgrade and political uncertainty, appetite remains strong.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: