TataCommunication’sZAR6.5bn(c.US$490m)disposalofNeotel

Rand Merchant Bank (RMB) acted as co-financial advisor to Tata Communication in an African telecommunications deal that creates a major pan African broadband provider. RMB also participated in the funding for Liquid Telecom and was the sole debt provider to Royal Bafokeng Holdings to facilitate the acquisition. The deal, valued at ZAR6.5 billion, demonstrates RMB's Indo-Africa corridor capabilities, telecommunications expertise and ability to provide holistic investment banking solutions for complex cross border transactions.