Sasol taps bond investors for $1bn, eyes US ventures

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Sasol taps bond investors for $1bn, eyes US ventures

South African oil and gas company Sasol priced its $1bn 4.5% 2022s on Tuesday at 99.048, marking the company’s re-entry into the Eurobond market. It is diversifying its investor base away from its traditional bank lenders as it hopes to expand in the US and Canada.

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