Trustco lists ZAR1 billion bond

The financial services group Trustco has successfully listed its ZAR1 billion bond on the Johannesburg Stock Exchange (JSE), the group has announced.
The bond was listed on 13 June. Trustco also announced that it concluded a deal with leading global development institution, IFC which will see the lending institute purchase the first N$200 million of the company’s ZAR$1 billion notes programme in two tranches.