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

  • Reuters
  • Stock Market News
Sasol says unit's dollar-denominated notes offering oversubscribed more than 3 times
Credit: © Reuters.

March 12 (Reuters) - South African petrochemical firm Sasol SOLJ.J 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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