JOHANNESBURG, South Africa/LAKE CHARLES, LA – Sasol Ltd. (Sasol) has completed a $4 billion credit facility for its ethane cracker and derivatives at its existing site in Lake Charles, LA.
“Securing this financing facility is another key milestone in advancing a defining project for the company,” said Paul Victor, Acting Chief Financial Officer, Sasol Ltd. “The support from a large number of international financial institutions is a testament to Sasol’s strong standing within the global financial markets.”
A group of 18 international banks and other financial institutions are lenders for the credit facility.