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Anthem advised Sanlam Investments on its loan to Atlas Mara

Anthem Advisory advised Sanlam Africa Credit Investments Limited on the structuring and execution of its recent investment in Atlas Mara, the financial services holding company listed on the London Stock Exchange.

With more than R400 billion under management, Sanlam Investments is one of South Africa’s largest asset management companies. The firm has nearly 100 years’ experience on the continent and a presence in 13 African countries.

Atlas Mara holds controlling or significant stakes in banking operations in seven sub-Saharan African countries, including Botswana, Zimbabwe, Zambia, Tanzania, Mozambique, Rwanda and Nigeria.

We are delighted to have worked with the Sanlam team in Cape Town and Johannesburg on closing this important transaction. The structured credit facility marked Anthem’s sixth corporate finance deal in Africa in the past year and demonstrates our further commitment to the region.

Anthem advised on $10 million 2-year structured credit facility to Atlas Mara

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Anthem Advisory advised TLG Credit Opportunities Fund on the structuring and execution of its recent investment in Atlas Mara, the financial services holding company listed on the London Stock Exchange. The $10 million 2-year structured credit deal was Anthem’s fifth corporate finance transaction in Africa in 2018 and demonstrates its further commitment to the region.

Led by Bob Diamond as the Chairman, Atlas Mara holds controlling or significant stakes in banking operations in seven sub-Saharan African countries, including Botswana, Zimbabwe, Zambia, Tanzania, Mozambique, Rwanda and Nigeria. TLG noted that “with Union Bank of Nigeria being Atlas Mara’s largest asset, we believe that the group is in a strong position to benefit from rising credit growth and consumer activity in the country.”

We are delighted to have worked on Atlas Mara’s structured loan facility, as we continue to develop and expand our corporate finance practice in Sub-Saharan Africa.
— John Basnage, Managing Partner at Anthem Advisory
Africa’s banking sector is one of the most compelling growth stories in the world today, and we want to capitalise on it by taking strategic positions in Africa’s promising financial services markets. This deal demonstrates our long-term commitment to promoting financial inclusion and technological innovation in Africa.
— Zhi Yong Heng, TLG’s Head of Special Situations and Trading