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 Economic growth that supports local communities We are pleased to have acted as a Joint Mandated Lead Arranger, Coordinator, Account Bank, Facility Agent and Security Agent for a USD 80m Borrowing Base Facility to Volcafe, the coffee division of the global ED&F Man Group, to finance their East Africa coffee operations. Read more DEALS Supporting Sustainable Commercial Property Finance Solutions We are pleased to have acted as Lender and Sustainability Coordinator for Vukile Property Fund Limited’s R1.1 Billion green and sustainability-linked loans. Read more DEALS Supporting Growth in Global Fashion Retailing We are pleased to have acted as Joint Mandated Lead Arranger and original lender for TFG Brands (London) Limited’s £90m revolving credit facility. Read more
