RMB listed a ZAR4.7-bn convertible bond for Shoprite on the Main Board of the JSE.

Rand Merchant Bank is proud to have listed the largest ever convertible bond on the Main Board of the JSE. The deal helped Shoprite raise capital while giving investors an instrument that combines the credit protection of a bond, with the upside benefits of shares.

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RMB is a leading African Corporate and Investment Bank.

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