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20 Mar 2026

US$225 million syndicated term loan facility | Investec Bank (Mauritius) Limited

 

We are pleased to announce the successful closing of a US$225,000,000 Term Loan Facility (the “Facility”) for Investec Bank (Mauritius) Limited (“IBM” or the “Borrower”) on 17th March 2026. Abu Dhabi Commercial Bank PJSC (“ADCB”), Standard Chartered Bank (“SCB”) and Sumitomo Mitsui Banking Corporation, London Branch (“SMBC”) acted as the Coordinators and Bookrunners for the Facility. Standard Chartered Bank acted as Documentation Agent and Abu Dhabi Commercial Bank PJSC acts as Facility Agent. The proceeds of the loan are to be used for general corporate purposes, including the refinancing of Tranche B of the Borrower’s US$125,000,000 syndicated term loan facility signed on 26th March 2024.

The Facility was initially launched at US$100,000,000 and achieved a substantial oversubscription over the launch amount. Commitments were scaled back and the significant market demand further allowed the deal to be increased, closing at US$225,000,000. A total of 12 banks committed to the transaction from across Europe, the Middle East and Asia. The success of the deal highlights the international syndicated loan market’s continued support for IBM.

Details of the facility are as follows:

Borrower:                          Investec Bank (Mauritius) Limited 

Facility Amount:               US$225,000,000

Purpose:                            General corporate purposes

Tenor:                                 2 year + 1 year extension at Borrower’s option

 

LENDERS

Coordinators, Bookrunners and Mandated Lead Arrangers:

Abu Dhabi Commercial Bank PJSC

Standard Chartered Bank

SMBC Bank International Plc

Mandated Lead Arrangers:

Commerzbank Aktiengesellschaft

Mizuho Bank Ltd

Standard Finance (Isle of Man) Limited

State Bank of India, Johannesburg

SBI (Mauritius) Ltd

Lead Arrangers:

Bank of China (Mauritius) Limited

Bank One Limited

Doha Bank Q.P.S.C.

The National Bank of Ras Al Khaimah (P.S.C)

 

ABOUT INVESTEC

Investec Group is a leading international bank and wealth manager, with a regional focus in Southern Africa and the United Kingdom, complemented by a strategic presence in Continental Europe, Channel Islands, Dubai, India, Mauritius, Switzerland, and the United States.

Investec partners with private, corporate, and institutional clients, and delivers tailored solutions with exceptional service in the areas of private banking and wealth management, and corporate and investment banking. Investec is driven by its purpose to create enduring worth for all its stakeholders.

The Group was established in 1974 and currently has approximately 8,000 employees. Investec has a dual-listed company structure with primary listings on the London and Johannesburg Stock Exchanges.

For any further enquiries, please contact the following:

Name:                  Stephen Matthysen, Financial Institutions Group

Telephone:         T: +27 11 286 9489 / M :+27 82 441 1698

Email:                   stephen.matthysen@investec.com

 

Name:                  Holly Bell, Financial Institutions Group

Telephone:         T: +44 20 7597 2193

Email:                   Holly.Bell@investec.com

 

Name:                  James Catto – Treasurer Investec Bank (Mauritius) Limited

Telephone:         T: +230 207 4070

Email:                  james.catto@investec.com