Rand Merchant Bank
September 2011
An Authorised Financial Services Provider
Strictly Private and Confidential
1
FirstRand Group
The FirstRand Group consists
of a portfolio of leading
financial services franchises
namely, Rand Merchant Bank
(the investment bank), First
National Bank (the retail,
commercial and wholesale
bank) and WesBank (the
instalment finance business)
FirstRand is one of largest
financial institutions in South
Africa with a market
capitalisation of R111bn
(US$16.3bn)*
FirstRand is one of the top
listed companies of the
Johannesburg Stock
Exchange
Differentiated by its ownermanager culture
*As per 10 January 2011 at R6.80 to the USD
Strictly Private and Confidential
2
Rand Merchant Bank
FirstRand
FirstRand
Chief Financial Officer Chief Risk Officer
FirstRand
Chief Executive Officer
CEO
Head of
Human
Capital
Head of
Transform
-ation
Chief
Operation
s Officer
Chief
Technolo
gy Officer
Equities
Private
Equity
Chief
Investme
nt Officer
Chief
Financial
Officer
Investment Banking
Chief
Risk
Officer
Head
of
Credit
Fixed Income,
Currencies and
Commodities
Client Coverage
Strictly Private and Confidential
Research
Commodities & Structured Trade
FICC Trading
FICC Sales & Structuring
Debt Capital MArkets
Asset Based Finance
Property Finance
Infrastructure Finance
Resources Finance
Leveraged Finance
Debt Restructuring
Corporate Finance
RMB Morgan Stanley
Equity Capital Markets
Agency business
Equity Structuring
Equity Trading
RMB Ventures
RMB Corvest
Head of International (outside Africa)
RMB Resources
Rand Merchant Bank (RMB) is
the investment banking arm of
FirstRand Bank Limited. As a
diversified financial services
brand RMB offers clients
advice, finance, trading
solutions, investment
opportunities, fund
management and research. Its
global reach combined with a
focus on Africa ensures that
clients receive the best
possible guidance and
financial solutions.
3
Rand Merchant Bank
Head of
Human
Capital
Head of
Transform
-ation
Chief
Operation
s Officer
Chief
Technolo
gy Officer
Equities
Private
Equity
Chief
Investme
nt Officer
Chief
Financial
Officer
Investment Banking
Chief
Risk
Officer
Head
of
Credit
Fixed Income,
Currencies and
Commodities
Client Coverage
Strictly Private and Confidential
Research
Commodities & Structured Trade
FICC Trading
FICC Sales & Structuring
Debt Capital MArkets
Asset Based Finance
Property Finance
Infrastructure Finance
Resources Finance
Leveraged Finance
Debt Restructuring
Corporate Finance
RMB Morgan Stanley
Equity Capital Markets
Agency business
Equity Structuring
Equity Trading
Head of International (outside Africa)
RMB Ventures
RMB FICC’s team of skilled
specialists and dealers provide
a comprehensive range of
treasury risk management
solutions to a select client
base ranging for vanilla to
structured debt
CEO
RMB Corvest
RMB has received various
accolades recognising
excellence within its
Investment Banking division
including Investment Bank of
the Year, M&A Advisory of the
Year (ACQ Global Awards),
Sub-Sahara Currency Bonds
1st (Bloomberg)
FirstRand
FirstRand
Chief Financial Officer Chief Risk Officer
FirstRand
Chief Executive Officer
RMB Resources
RMB’s Investment Banking
Division is one of the leading
investment banking teams in
South Africa. We are
committed to providing our
clients with creative and valueadded advisory, funding and
principal investing solutions to
complex transactions
4
RMB’s activity in Africa
In line with the FirstRand Group’s
African expansion strategy, RMB
is focused on growing its African
franchise focusing on investment
banking and trading activities and
capturing trade and investment
flows into Africa from key Asian
markets such as India and China
For more than 10 years RMB has
provided financial solutions to
clients across 35 countries on the
African continent.
We provide a full spectrum of
Investment Banking services to all
industries, making us one of the
leading financial and business
partners on the continent.
.
Through FirstRand, our parent
company, RMB is a signatory to
Nepad (New Partnership for
African Development) and we play
an active role in the ongoing
economic transformation of the
continent.
From a development perspective,
we constitute a critical pool of
capital and expertise.
Our activities help to build the
social, financial and infrastructural
foundations of both South Africa
and the African continent.
RMB recently acted as comandated lead arranger and cobookrunner for the US$250m loan
to the Ministry of Finance of the
Tanzania Government
Strictly Private and Confidential
RMB – Top Investment Bank
Strictly Private and Confidential
6
RMB – Debt Capital Markets
Deals done
Issued R1,5bn fixed
rate notes
February September 2011
Co-arranged Land Banks R10bn DMTN and R1,2bn issuance
Co – Arranged R 1,25bn
Bond issuance
March 2011
Co-Arranger
Arranger
Participated with 750m on a
Structured Transnet club loan of
R8 billion
Loaned Transnet R1 billion
December 2010
Advised, structured and
successfully placed SAA
syndicated loan paper into the
market
Structured
Ekurhuleni’s Sinking
Fund
February 2011
Arranger
Arranged R1,7bn CP
issuance
Co Arranged R700m
CP issuance
March – July 2011
Dec 2010
Arranger
Co-Arranger
Funding of Eskom’s capital
expansion programme
January 2011
Lead arranger for City of Joburg’s R1,368m bond issuance
Airport Company of SA
raised R1.051bn through
issuance of second bond
September 2009
Lender
Co-arranger and
distributor
Strictly Private and Confidential
7
RMB – Foreign Currency Deals
Arranger of US$130m loan for DBSA
Co-lead arranger for Sovereign US$750m 30yr bond
Strictly Private and Confidential
8
RMB – Infrastructure Finance
Sole lender of eThekwini’s 15yr R1bn water upgrade project
Sole lead arranger and underwriter for new head office
Lead arranger for Gauteng Freeway Improvement Scheme
Strictly Private and Confidential
9
RMB – Infrastructure Finance
Joint lead-arranger and funder for DFA’s R1,55bn expansion
programme
Long term partnership with Bombela and Gauteng Province
Sole lead arranger in R750m pref share facility for N3 toll road
Strictly Private and Confidential
10