RAND MERCHANT BANK FUNDS PAN-AFRICAN PULLING POWER

Rand Merchant Bank (RMB) provides US$ 50-million of traction to the African rail leasing industry.

RMB has acted as mandated lead arranger and funder to a new rail leasing company- GPR Leasing Africa – a joint venture between Grindrod and the Pembani Remgro Infrastructure Fund (PRIF). RMB’s knowledge of and experience in the African rail industry enabled it to deliver an innovative and industry-first financing solution.