Source: Engineering News

IDC: IDC raises R2bn in maiden sustainable bond

The Industrial Development Corporation (IDC) has issued a R 2.05-billion inaugural sustainability bond, surpassing the R1.5-billion target with an order book of R3.46-billion. The bonds were issued across five, seven, ten and 12-year tenors, with strong demand at the long end, demonstrating investor confidence in the IDC.

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Est. Annual Revenue
$1.0-5.0B
Est. Employees
1.0-5.0K
Crawford Del Prete's photo - President of IDC

President

Crawford Del Prete

CEO Approval Rating

78/100

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