Sasol Signs US$3,9 Billion Five-year Revolving Credit Facility
Sasol Signs US$3,9 Billion Five-year Revolving Credit Facility
PR71218
JOHANNESBURG, Nov. 23, 2017, /PRNewswire=KYODO JBN/--
Sasol, the South African chemicals and energy company, has increased its
existing US$1,5 billion Revolving Credit Facility ("the Facility") to US$3,9
billion and extended the maturity to five years with the inclusion of two
further extension options of one year each.
Sasol launched this transaction with a targeted facility size of US$3,0
billion, which was subsequently increased to US$3,9 billion given the notable
oversubscription.
Citi and Mizuho Bank, Ltd. were mandated as Joint Global Co-ordinators for the
transaction, which launched in early November 2017 to a targeted group of
banks. The Joint Global Co-ordinators each pre-committed to the transaction and
invited banks to commit at one of three ticket levels with the following
titles: Bookrunner and Mandated Lead Arranger (BMLA), Mandated Lead Arranger
(MLA) and Lead Arranger. The Company also accommodated a limited number of
smaller tickets with the Arranger title.
Syndication closed oversubscribed with17 banks committing, allowing Sasol to
increase the Facility and offer scale back to the Joint Global Co-ordinators,
BMLAs and the MLAs.
Along with the Joint Global Co-ordinators, there were eight other BMLAs: ABN
AMRO Bank N.V., Bank of America Merrill Lynch, BNP Paribas S.A. South Africa
Branch, Intesa Sanpaolo Bank Luxembourg S.A., J.P. Morgan Securities plc., The
Bank of Tokyo-Mitsubishi UFJ Ltd., Sumitomo Mitsui Banking Corporation Europe
Limited and UniCredit Bank Austria.
Barclays Bank PLC, Deutsche Bank and HSBC joined as MLAs, Export Development
Canada and Standard Chartered Bank joined as Lead Arrangers and Wells Fargo
Bank N.A. London Branch and Société Générale joined as Arrangers.
EY acted as Independent Financial Advisor to Sasol in respect of the
transaction.
About Sasol:
Sasol is an international integrated chemicals and energy company. Through our
talented people, we use selected technologies to safely and sustainably source,
produce and market chemical and energy products competitively to create
superior value for our customers, shareholders and other stakeholders.
Contact:
Alex Anderson
Head of Group Media Relations
Direct telephone: +27-(0)-114-413-295
Mobile +27-(0)-716-009-605
alex.anderson@sasol.com
Matebello Motloung
Specialist: Media Relations
Direct telephone: +27-(0)-114-413-252
Mobile: +27-(0)-827-739-457
matebello.motloung@sasol.com
Cavan Hill
Senior Vice President: Investor Relations
Telephone: +27-(0)-103-449-280
Source: Sasol Limited
本プレスリリースは発表元が入力した原稿をそのまま掲載しております。また、プレスリリースへのお問い合わせは発表元に直接お願いいたします。
このプレスリリースには、報道機関向けの情報があります。
プレス会員登録を行うと、広報担当者の連絡先や、イベント・記者会見の情報など、報道機関だけに公開する情報が閲覧できるようになります。