Ga onbeperkt met Magzter GOLD
Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts
Poging GOUD - Vrij
Standard Bank partners with Metair Investments to restructure R4bn debt
The Star
|May 16, 2025
STANDARD Bank has partnered with Metair Investments to facilitate a comprehensive restructuring of the South African automotive components and energy storage group's approximately R4 billion debt.
The biggest bank in Africa by assets acted as Mandated Lead Arranger and Global Coordinator for the balance sheet restructure including refinance of existing debts, enabling Metair to rebalance a shareholder at one of its subsidiaries (Hesto) and achieve their long-term financing turnaround strategy.
The restructured debt framework is designed to reduce Metair's liabilities and adjust repayment plans, ensuring they are in harmony with earnings growth and cash flow, thereby supporting the company's long-term financing turnaround strategy.
Metair operates through two segments: Automotive component manufacturer and Aftermarket Parts and Services. The company is valued at over R1.1bn on the Johannesburg Stock Exchange.
Dit verhaal komt uit de May 16, 2025-editie van The Star.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN The Star
The Star
Away goal gives Banyana the edge in Wafcon qualifier
BANYANA Banyana will carry a narrow advantage into the second leg of their Women's Africa Cup of Nations (Wafcon) qualifier after playing to a 1-1 draw against the Democratic Republic of Congo on Wednesday evening.
2 mins
October 24, 2025
The Star
Mchunu wanted to be president, Cele tells all
Former police minister drops bombshell during ad hoc hearings into SAPS
3 mins
October 24, 2025
The Star
Vukile launches South Africa’s first national DISKI FANFEST
VUKILE Property Fund is bringing the beautiful game to its shoppers with the launch of the first-ever national Vukile DISKI FANFEST - a five-weekend celebration of soccer, fun, and community pride.
2 mins
October 24, 2025
The Star
SA's digital infrastructure needs fixing to deal with cyberattacks
SOUTH AFRICA is under siege - not by guns or tanks, but by an invisible, fast-moving enemy.
3 mins
October 24, 2025
The Star
Content creator opens up about ear surgery and how it changed her life
POPULAR content creator RobynLeigh Mentor has opened up about a procedure she recently had done to correct something that made her self-conscious since childhood, her ears.
2 mins
October 24, 2025
The Star
Lesufi labels DA's no-confidence motion against his premiership a publicity stunt
GAUTENG Premier and ANC chairperson in Gauteng, Panyaza Lesufi, remains unconcerned by the DA's announcement yesterday that it plans to table a motion of no confidence against him.
2 mins
October 24, 2025
The Star
Zuma unveils Tony Yengeni as MK Party's second deputy president
FORMER president Jacob Zuma, now leader of the uMkhonto weSizwe (MK) Party, has announced African National Congress (ANC) National Executive Committee (NEC) member Tony Yengeni as his latest high-profile recruit.
1 min
October 24, 2025
The Star
Tax disputes: why they no longer belong solely to the accounting profession
FOR years, I've maintained that tax disputes do not sit comfortably within the accounting profession.
2 mins
October 24, 2025
The Star
Sasol shares surge nearly 12% after strong first-quarter update
Fuels-from-coal giant first quarter update boosted by strategic announcements to core businesses
2 mins
October 24, 2025
The Star
Chiefs' hesitation turns promise into regression
KAIZER Chiefs' eight-game winless run from open play is no fluke.
2 mins
October 24, 2025
Listen
Translate
Change font size