Sasol Subsidiary Prices $750 Million Notes Offering

MT Newswires Live

04/01

Sasol (SSL) said Wednesday its subsidiary Sasol Financing USA has priced a $750 million offering of US dollar-denominated Rule 144A / Regulation S notes due 2033.

The notes will have an annual coupon rate of 8.750%, and the offering is expected to close on April 10, the company said.

The proceeds will be used for repayment of existing indebtedness, as well as for general corporate purposes, Sasol said.

Price: 11.96, Change: -1.01, Percent Change: -7.75

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