Synthetic fuel and chemicals group Sasol has had its long- and short-term ratings affirmed at BB by S&P Global with the ratings agency lifting the outlook on the company’s debt to positive, saying it is in a far better position now than it was when the rating was last reviewed in November 2020.

In a report released on Monday evening, S&P said Sasol had improved its fund-to-debt ratio to 36% in its latest financial year from 13% previously...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now