Bloomberg News

Eskom South Africa Sells 300 Million Rand of ES23, ES26 Bonds

June 22, 2011

June 22 (Bloomberg) -- Eskom Holdings SOC Ltd., South Africa’s power utility, sold 300 million rand of bonds at an auction today.

The company allocated 200 million rand of so-called ES23 notes at a clearing yield of 9.005 percent, it said in an e- mailed statement from Johannesburg today. It also placed 100 million rand of ES26 debt at 9.14 percent, it said.

To contact the editor responsible for this story: Ana Monteiro at amonteiro4@bloomberg.net


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