Row rect Shape Decorative svg added to bottom DEALS Facilitating growth through partnership Absa | Corporate and Investment Banking > Insights and Events > Facilitating growth through partnership SHARE We are proud to have assisted Sasol as Sole Lead Arranger in the issuance of the largest Rand denominated listed bond in the South African debt capital markets in 2023, valued at R 2.5 Billion We assisted Sasol, a global energy and chemicals company, to effectively market their credit and sustainability profile. This enabled them to attract more investors and a larger orderbook for this bond than the issuer’s previous auction in 2022, thereby allowing them to issue a greater volume at better pricing, despite the significant volume issued. The substantial support from local investors, coupled with the strong pricing outcome showcases Sasol’s exceptional credit quality and robust balance sheet. This transaction also furthers Sasol’s strategy of diversifying its funding mix to better match its revenues. This transaction is proof of the success that comes when we work together with our clients to support their ambitions. Contact Marcus Veller for more information https://cib.absa.africa/wp-content/uploads/2020/07/file_example_MP3_700KB.mp3 Related Articles DEALS Capital that builds confidence in South Africa’s tomorrow Absa Corporate and Investment Banking (CIB) is proud to partner with the South African National Treasury as the sole lead arranger and infrastructure finance structuring agent of a R11.8 billion Infrastructure and Development Finance Bond. This purpose-driven instrument is designed to finance or refinance priority infrastructure under the Government’s Budget Facility for Infrastructure (BFI) programme. Read more DEALS Building Namibia’s fiscal strength through purpose-led partnership Supporting the Government of the Republic of Namibia with a ZAR 1.5 billion facility that enables Eurobond repayment obligations and strengthens domestic fiscal resilience. Read more DEALS Distributed Energy. Powering Africa’s low-carbon leap Absa supports CrossBoundary Energy’s $225 million capital raise, contributing up to $100 million to expand renewable infrastructure, enable the mining of critical transition metals such as copper, and extend energy access across underserved African markets. Read more
