Business
SASOL FINANCING USA LLC ANNOUNCES CAPPED MAXIMUM AMOUNT FOR ITS CAPPED TENDER OFFER AND FINAL RESULTS FOR ITS ANY AND ALL TENDER OFFER
Sasol Financing USA LLC (NYSE: SSL) ("Sasol" or the "Company") announced today that the capped maximum amount of its 8.750% notes due 2029 (the "2029 Notes") to be purchased in connection with its previously announced tender offer for a portion of its outstanding 2029 Notes (the "Capped Tender Offer") will be the aggregate principal amount of $333,796,000, pursuant to the acceptance for purchase of $416,204,000 aggregate principal amount of the Company's 6.500% notes due 2028 (the "Any and All T
About this update from Sasol Limited
[{"type":"text","content":"JOHANNESBURG, April 10, 2026 /PRNewswire/ -- Sasol Financing USA LLC (NYSE: SSL) ("Sasol" or the "Company") announced today that the capped maximum amount of its 8.750% notes due 2029 (the "2029 Notes") to be purchased in connection with its previously announced tender offer for a portion of its outstanding 2029 Notes (the "Capped Tender Offer") will be the aggregate principal amount of $333,796,000, pursuant to the acceptance for purchase of $416,204,000 aggregate principal amount of the Company's 6.500% notes due 2028 (the "Any and All Tender Offer"). The $416,204,000 aggregate principal amount of 2028 Notes purchased pursuant to the Any and All Tender Offer will be retired and cancelled, and will no longer be outstanding obligations of the Company.","length":815,"tagName":"p"},{"type":"text","content":"The Capped Tender Offer is being made pursuant to the terms and conditions set forth in the Offer to Purchase dated March 30, 2026 (the "Offer to Purchase"). The Company refers investors to the Offer to Purchase for the complete terms and conditions of the Capped Tender Offer. Unless otherwise defined herein, terms defined in the Offer to Purchase (as defined below) are used herein as therein defined.","length":414,"tagName":"p"},{"type":"text","content":"The Capped Tender Offer and the Company's concurrent tender offer to purchase for cash any and all of its outstanding 6.500% Notes due 2028 were conditioned upon, among other things, the successful completion (in the sole determination of the Company) of one or more debt financing transactions raising aggregate gross proceeds of an amount at least equal to $750,000,000 (the "Debt Financing" and such condition, the "Financing Condition"). The Company satisfied the Financing Condition on April 10, 2026, with the closing of its offering of 8.750% senior notes due 2033.","length":606,"tagName":"p"},{"type":"text","content":"INFORMATION RELATING TO THE ANY AND ALL TENDER OFFER","length":52,"tagName":"p"},{"type":"text","content":"The complete terms and conditions of the Any and All Tender Offer are set forth in the Offer to Purchase. Investors with questions regarding the terms and conditions of the Any and All Tender Offer may contact J.P. Morgan Securities plc at +44 20 2468 or ...