Chicago, Aug. 16 – Eskom Holdings SOC Ltd. sold $500 million of 4.314% six-year notes (BB-), according to multiple listings for the notes.
The notes are guaranteed by the government of South Africa.
Proceeds, according to S&P Global Ratings, were slated to be used for capital expenditures.
Eskom is South Africa’s primary electric supplier.
| Issuer: | Eskom Holdings SOC Ltd.
|
| Guarantor: | South Africa
|
| Issue: | Notes
|
| Amount: | $500 million
|
| Maturity: | July 23, 2027
|
| Coupon: | 4.314%
|
| Settlement date: | July 23
|
| Ratings: | S&P: BB-
|
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