All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Equity

Capitec closes oversubscribed

Sole bookrunner Bank of America Merrill Lynch closed books this afternoon on a $100m primary capital raise for South Africa’s Capitec Bank, shaking off two volatile, confidence-sapping days in the equity markets, with a deal that is set price later on Tuesday evening.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree