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Bidvest appoints Investec and Nedbank for a domestic bond issue

Release Date: 27/11/2001 10:55
Code(s): BVT
Wrap Text
The Bidvest Group Limited
(Incorporated in the Republic of South Africa)
Registration number: 1946/021180/06
("Bidvest")
Share Code: BVT
ISIN Code: ZAE000008132
NEWS RELEASE

Bidvest appoints Investec and Nedbank for a domestic bond issue
The Bidvest Group Limited has appointed Investec Bank and Nedbank as Joint Managers for its inaugural bond issue.
The bond issue will provide the Bidvest Group with term funding of between three and six years, while broadening its funding base to include the debt capital market.
The issue is planned for launch early next year. It is anticipated that Bidvest will be raising approximately R1.5 billion. Further details relating to the issue will be determined closer to the launch. Contact person: Jack Hochfeld
Group Corporate Finance and Investor Relations (011) 481-4103 jackh@bidvest.co.za

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