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 African Aviation to Soar Higher Absa Corporate Investment Banking enables strategic fleet reintegration and regional expansion for AELF and SAA with a USD 31 million aircraft refinancing solution. Read more DEALS Energising Progress with Africa’s Largest Standalone Battery Facility We are proud to have played a pivotal role in one of Africa’s most significant energy milestones: the Red Sands Battery Energy Storage Project which is set to become the continent’s largest standalone battery energy storage facility to date to move towards construction. Read more DEALS Supporting expansion in SA’s healthcare property market Absa CIB partners with Growthpoint Healthcare Property Holdings on a R950 million facility to finance healthcare infrastructure. Read more
