ArcelorMittal

ArcelorMittal South Africa-TL

Borrower(s)
ArcelorMittal
Industry
Metals and Mining/Base metals
Area of finance
Commodity Trade Finance
Region
Africa
Africa
Countries
South Africa

Deal Overview

Absa Bank successfully implemented a R2bn Supplier Finance Facility for ArcelorMittal South Africa (“AMSA”), one of the largest Supplier Finance programs in South Africa. This deal was supported by the International Finance Corporation (“IFC”) who shares in a 50% risk...

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Deal Volume
$133m
Financial Close
29/06/2020
Dealmakers
Niron Rampersad

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Sejeng Matlhako

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Thobeka Mdluli

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Sources
Submitted by participant(s)

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Tranches

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