IFLR1000

Eskom Holdings $1.25 billion bond issue

17/3/2015
Investment grade bond/note issue
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ZAR 1.25 billion

Completed

17/3/2015

Overview:

  • South African utilities company Eskom Holding has issued $1.25 billion of international bonds at 7.125% due February 11 2025.
  • The issuance was part of the update of the company's $4 billion GMTN programme.
  • Deutsche Bank, Rand Merchant Bank and Standard Bank of South Africa acted as bookrunners.

John Crabb - Journalist

Jurisdiction:

South Africa

Deal type:

Investment grade bond/note issue

Practice area:

Capital markets : Debt

Governing law:

South Africa

Industry sector:

Utilities

Firms:
Allen & Overy

Party: Deutsche Bank (Bookrunner)

Party: Rand Merchant Bank (RMB) (Bookrunner)

Party: Standard Bank of South Africa (Bookrunner)

Bowmans

Party: Eskom (Issuer)

Lawyer: Casper van Heerden

ENSafrica

Party: Deutsche Bank (Bookrunner)

Party: Rand Merchant Bank (RMB) (Bookrunner)

Party: Standard Bank of South Africa (Bookrunner)

Ledwaba Mazwai Attorneys

Party: Eskom (Issuer)

Poswa Incorporated

Party: Deutsche Bank (Bookrunner)

Party: Rand Merchant Bank (RMB) (Bookrunner)

Party: Standard Bank of South Africa (Bookrunner)

White & Case

Party: Eskom (Issuer)

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