Moody's rates Sasol eurobond Baa1

Moody's Investors Service said it assigned a provisional Baa1 rating to Sasol Ltd.'s proposed debut eurobond.

The rating is equivalent to the company's senior unsecured issuer rating, given that Sasol is providing a guarantee to the issuing entity, Sasol Financing International plc, a wholly owned subsidiary, the agency said.

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