Related Issuers
by Chris Reich
Apr 26, 2023 1:32 PM ET
Sasol Financing USA LLC (SASOL) exp Ba2/BB+ (p/s) US$1bn 144A/Reg S 6y sr notes due 5/3/29. MWC then 2mos par call. 101 CoC. Tax changes call. Citi/SMBC Nikko as Global Coordinators, BofA/IMI-Intesa/JPM/Miz/MUFG/SCB as Joint Active Books. Guarantor: Sasol Limited. UOP: gcp, repay existing debt. Pricing 4/26.
IPTs: 8.875-9%.
LAUNCHED: $1bn at 8.75%.
PRICED: $1bn 8.75% 5/3/29 100.00 8.75% T+523.3. MW+50.