Eskom, founded in 1923 and headquartered in Pretoria, South Africa, is the country's primary electricity supplier, responsible for generating, transmitting, and distributing electricity to millions of consumers. The company plays a crucial role in the South African economy, offering services that include electricity generation through coal, nuclear, hydro, and renewable sources.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| ESKOM 0.00% 2027-08-18 ZAREskom | South Africa | 2027-08-18 | 0.000 | 14.44 |
| ESKOM 0.00% 2032-12-31 ZAREskom | South Africa | 2032-12-31 | 0.000 | 13.84 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Eskom began issuing bonds in 1997 as a key mechanism for raising capital to fund its extensive infrastructure projects and operational needs. Notably, in 2020, Eskom issued a R6 billion bond under its Domestic Medium Term Note Programme to support its financial stability amidst ongoing operational challenges. Current bond yields are closely monitored, reflecting high returns in comparison to industry averages, driven by the company's substantial debt levels and strategic emphasis on enhancing liquidity and investment in service improvement initiatives.