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 Empowering Agricultural Trade in Africa This USD 45 million facility supporting Royal Nuts’ subsidiary, Dorado in Côte d’Ivoire, the world’s largest single-roof cashew processing facility, driving economic growth, community upliftment, and global market expansion, will boost its working capital and optimise supply chain efficiency in West Africa. Read more DEALS Accelerating transformative Infrastructure development for long-term impact Our $75 million deal with the Emerging Africa & Asia Infrastructure Fund (EAAIF) is set to accelerate infrastructure development for lasting impact - bridging Africa’s long-term debt gap, and supporting projects that promote infrastructure development, economic growth and renewable energy expansion. Read more DEALS Powering a sustainable future with Ferroglobe At Absa CIB, we believe that financing critical mineral supply is essential for advancing the Just Energy Transition. Our partnership with Ferroglobe supports the expansion of silicon metal production, which is key to semiconductor chips and solar panels, driving economic growth, job creation and Africa’s role in the renewable energy value chain. Read more
