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The Co-Founder of South African Bank Capitec Borrows $402 Million Against His Shares
Michiel le Roux raised $402 million against 1.37 million Capitec shares, a JSE filing shows - liquidity without selling for the bank's co-founder.
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businessday.co.za
Capitec co-founder Michiel le Roux secures R6.5bn against shareholding
New hedging transaction lets Le Roux refinance borrowing secured by Capitec shares
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riotimesonline.com
The Co-Founder of South African Bank Capitec Borrows $402 Million Against His Shares
Michiel le Roux raised $402 million against 1.37 million Capitec shares, a JSE filing shows - liquidity without selling for the bank's co-founder.