Sasol debt buyback demand exceeds cap by $200 million
Holders of Sasol Financing USA LLC's 8.750% notes due 2029 will see their acceptances prorated as demand for the company's buyback exceeded the cap by nearly $200 million. Holders tendered $533,268,000 against a maximum repurchase limit of $333,796,000. The company will pay $1,052.50 per $1,000 of principal, a figure that includes a $30 early tender premium. This buyback was funded by a $750 million senior notes issuance due 2033, which Sasol issued on April 10, 2026. Sasol will settle the transaction on April 30, 2026.
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