Transnet mulls bond issue

South Africa’s Transnet is said to be mulling a $1bn bond issue in international markets to help fund its capital expansion programme, according to local press. Reportedly, bonds off its global medium-term note programme are being considered and that the issue date will depend on market conditions.

South Africa’s Transnet is said to be mulling a $1bn bond issue in international markets to help fund its capital expansion programme, according to local press. Reportedly, bonds off its global medium-term note programme are being considered and that the issue date will depend on market conditions.