Sukuk Investment Bond

Mining & Energy

Indebted Eskom Turns to Sukuk Market for Funding

Luis Monzon - June 29, 2020

South Africa's embattled national power utility Eskom has new plans to issue a $58 million (R1 billion) sukuk bond in a bid to diversify funding sources as borrowing costs rise. According to spokesperson Sikonathi Mantshantsha, Eskom has appointed a new...

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