Vantage Capital exits after seeing Vumatel through to No 1 status
Vumatel has become SA’s largest fibre-to-the-home network provider since the fund manager’s investment in 2016
06 May 2020 - 19:34
Mezzanine debt fund manager Vantage Capital said on Wednesday that it had fully exited its investment in fibre-to-the-home operator Vumatel.
“Mezzanine” refers to a hybrid of debt and equity financing that gives the lender the right to convert to equity interest in the case of default by a financed company. ..
Would you like to comment on this article?
Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Commenting is subject to our house rules.
BL Premium
This article is reserved for our subscribers.
A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now