S&P to South Africa: Beware what you say about Eskom debt


Johannesburg: Talks around restructuring Eskom Holdings SOC Ltd’s bonds must be approached carefully to avoid spooking the market, according to S&P Global Ratings.

Public Enterprises Minister Pravin Gordhan said on Thursday the government would consult with the power utility’s debt holders on any reorganisation and that there isn’t any real concern about haircuts.

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S&P , South Africa , Eskom , deal ,

   

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