NOT FOR PUBLICATION OR DISTRIBUTION IN OR IN THE UNITED STATESOR TO OR FOR THE ACCOUNT OR BENEFIT OF US PERSONS (AS DEFINED IN REGULATION S OF THE US SECURITIES ACT OF 1933) OR IN OR IN AUSTRALIA, CANADA, JAPAN OR ANY OTHER JURISDICTION WHERE SUCH DISTRIBUTION, OFFERING OR SALES WOULD BE PROHIBITED BY APPLICABLE LAW.
JOHANNESBURG, November 1, 2022 /PRNewswire/ — Sasol Limited is pleased to announce that Sasol Financing United States of America LLC, its indirect wholly owned subsidiary (the “Issuer”), has priced its Offer at $750 million guaranteed senior unsecured convertible bonds due 2027 (the “Convertible Bonds”) (the “Offering”).
Capitalized terms used but not defined in this announcement have the meaning given to them in the terms and conditions of the convertible bonds (the “Conditions”).
The net proceeds from the offering will be used for general corporate purposes, including but not limited to debt refinancing.
The convertible bonds will be issued at 100% of their principal amount in a minimum denomination of $200,000 each and unless previously redeemed, converted or purchased and cancelled, each will be redeemed at or around par November 8, 2027. The convertible bonds pay a coupon of 4.5% per annum, payable semi-annually in arrears and in equal installments on May 8 and November 8 of each year, with the first interest payment date May 8, 2023. All payments in respect of the convertible bonds will be guaranteed by the Company. That…
