Free Trial

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).



 

79 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.

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).