Related Issuers
by Chris Reich
Apr 11, 2022 6:26 PM ET
Republic of South Africa Government International Bond (SOAF) exp Ba2/BB-/BB- US$3bn SEC registered 2-part global sr notes (10y due 4/20/32 and 30y due 4/20/52). ABSA/HSBC (B&D)/DB/NEDBK/RNDMBK joint books. List Lux. New York Law. Pricing 4/11. Settle 4/20.
IPTs: 10y 6.25% area, 30y 7.75% area.
GUIDANCE: 6% area, 30y 7.50% area.
UPDATE: 10y set at 5.875%, 30y set at 7.30%.
LAUNCHED: $1.4bn 10y at 5.875%, $1.6bn 30y at 7.3%.
PRICED:
$1.4bn 5.875% 4/20/32 100.00 5.875% T+309.1.
$1.6bn 7.30% 4/20/52 100.00 7.30%. T+447.4.