Bridging markets to unlock bold ambitions

Strengthening Africa’s participation in the global capital markets is not just a financial imperative - it’s a catalyst for unlocking business potential, entering new markets, managing risk more effectively, and sustaining long-term competitiveness. Our successful execution of a $500 million international bond issuance for Bidvest is set to not only expand their global investor footprint but also positions them as a growing key player in global capital markets.

This issuance marks its second entry into the international bond market, positioning Bidvest as a credible and repeat issuer with strong investor support. The deal also represents the largest capital markets maturity refinancing in the company’s history, providing significant flexibility for future strategic activity.

The transaction attracted a strong and diverse book of over $2.8bn comprised of real money international participants, reflecting market confidence in both Bidvest’s fundamentals and the quality of execution delivered by Absa and other bookrunner partners. As the first international bond issuance by a South African diversified corporate in 2025, the deal sets a precedent for other African corporates seeking access to global funding. It showcases Absa’s ability to originate, structure and place large-scale debt capital solutions that are tailored to client strategy while meeting international investor demand.​

Absa’s role in this transaction is a continuation of its commitment to empowering African corporates through deep market insight, global distribution and strategic partnership. It also reinforces our position as a trusted advisor that delivers meaningful capital market access beyond borders, enabling clients to seize opportunity and drive continuous growth.