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Sasol says unit's dollar-denominated notes offering oversubscribed more than 3 times

12th March 2021

By: Reuters

  

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South African petrochemical firm Sasol said on Friday an offering of dollar-denominated senior notes by its unit was oversubscribed more than three times for a total orderbook of $4.60-billion.

The offering consisted of $650-million of senior notes due 2026 and $850-million of senior notes due 2031 with an annual interest rate of 4.375% and 5.50%, respectively, it said.

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Edited by Reuters

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