South Africa

One (1) Financial Institution currently invests or makes available an estimated USD$ 6.20 million in nuclear weapons companies.

FirstRand Bank

FirstRand Bank currently has an estimated USD$ 6.20 million invested or available for the nuclear weapons producers identified in this report.

Investment banking

In October 2012, L&T Finance, a subsidiary of Larsen & Toubro, issued bonds with a total value of INR 1,000 million (US$ 18.6 million). The issue was split in two tranches: a INR 500 million(US$ 9.3 million) 9.410% tranche due April 2014 and a INR 500 million(US$ 9.3 million) 9.480% tranche due October 2014. The proceeds were used for general corporate purposes. FirstRand Bank participated in the three bank syndicate,underwriting an estimated amount of US$ 6.2 million.1

 

 


  1. Thomson ONE Banker, “Tearsheet 2465426101 and 2465427101”, Thomson ONE Banker (www.thomsonone.com), 19 October 2012. 

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