ESKOM HOLDINGS SOC LIMITED - Eskom concludes a R15 billion loan facility with a consortium of lenders

Eskom concludes a R15 billion loan facility with a consortium of lenders

ESKOM HOLDINGS SOC LTD
JSE CODE: BIESKM
DATE: 01 FEBRUARY 2019



SENS




Eskom concludes a R15 billion loan facility with a consortium of lenders


Friday, 01 February 2019: Eskom has today concluded a R15 billion credit facility
with a consortium of local and international banks. The government guaranteed
facility will form part of the financing of Eskom’s current capital expenditure
programme.


The conclusion of the facility will ensure that Eskom’s liquidity requirements for
FY18/19 are timeously fulfilled which is critical for business operations. To date
Eskom has secured approximately 95% of the R72 billion funding requirement for
FY18/19; the remaining 5% will be raised through various funding sources, including
domestic debt capital markets.


The stable liquidity position places the company in a position to focus on securing
funding for the next financial year (FY19/20, of which 30% has already been
secured).



ENDS
Eskom Treasury
Tel: +27 11 800 2775
Email: MashinKLF@eskom.co.za

Eskom Media Desk
Tel: +27 11 800 3304 / 3343
Fax-to-Email: 086 664 7699
Email: mediadesk@eskom.co.za

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