Sasol issues US dollar senior notes
12.03.2021 | 06:14
Quelle: OTS Wirtschaft
Johannesburg (ots/PRNewswire) - Sasol Limited ( Sasol ) herewith announces that its wholly owned subsidiary Sasol Financing USA LLC (the Issuer ) has priced an offering of US$-denominated, SEC-registered notes (the Notes ), including $650 million of senior notes due 2026 (the 2026 Notes ) and $850 million of senior notes due 2031 (the 2031 Notes ). The 2026 Notes will bear interest at a rate of 4,375% per annum. The 2031 Notes will bear interest at a rate of 5,50% per annum. The total orderbook amounted to approximately $4 600 million, which represents an oversubscription of more than 3 times. We are very pleased with the uptake and interest in our senior notes. This issue is an important step in sharpening our focus on balance sheet management under volatile conditions, said Paul Victor, Chief Financial Officer, Sasol Limited. It is testament to the high quality of our credit profile and a stron
Sasol issues US dollar senior notes
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JOHANNESBURG, March 12, 2021 /PRNewswire/ Sasol Limited ( Sasol ) herewith announces that its wholly owned subsidiary Sasol Financing USA LLC (the Issuer ) has priced an offering of US$-denominated, SEC-registered notes (the Notes ), including $650 million of senior notes due 2026 (the 2026 Notes ) and $850 million of senior notes due 2031 (the 2031 Notes ). The 2026 Notes will bear interest at a rate of 4,375% per annum. The 2031 Notes will bear interest at a rate of 5,50% per annum. The total orderbook amounted to approximately $4 600 million, which represents an oversubscription of more than 3 times. We are very pleased with the uptake and interest in our senior notes. This issue is an important step in sharpening our focus on balance sheet management under volatile conditions, said Paul Victor, Chief Financial Officer, Sasol Limited. It is testament to the high quality of our cre
Sasol reuses wax from spent catalysts as part of commitment to responsible production and consumption
JOHANNESBURG, Feb. 9, 2021 /CNW/ In keeping with its priority Sustainable Development Goal (SDG) of responsible production and consumption, Sasol and waste management company GrnCat, have developed a solution to recover wax from spent catalysts.
Since the GrnCat plant was commissioned in 2018, Sasol has recovered and reused more than 6,000 tons of clean wax, thereby reducing waste volumes by as much as 50 percent. The creation of 30 new jobs associated with the process has added a social benefit to the environmental and economic advantages. We are gaining environmental and economic benefits from the reduction in landfill volumes and recovery of saleable product, said Steve Radley, Sasol Vice President: Wax and Solvents, Energy Operations.