January 17, 2025 15:28 GMT
EM CEEMEA CREDIT: Sasol (SASOL; Ba1/BB+/-)
EM CEEMEA CREDIT
Sasol (SASOL; Ba1/BB+/-)
- Sasol’s SOL SJ stock seemingly reacted to a Bloomberg interview with the group’s CEO citing plans to revamp its chemical business, which includes US based operations, with a view to boost group’s earnings and potential for the unit to “list it by itself” or “merge it with someone else”.
- Meanwhile, SASOL 5.5 Mar31 benchmark USD denominated bond charts almost unchanged on the day @ z+471bp, having widened from a low of z+455bp earlier this month (see chart below).
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