Minister of Human Settlements, Water and Sanitation, Lindiwe Sisulu, has congratulated Rand Water for successfully arranging an auction of just over R1.7 billion in senior and sustainability-linked notes, attracting over R4.5 billion in capital market bids.
In a statement on Thursday, the Ministry of Human Settlements, Water and Sanitation said the auction comes when the capital markets are considered closed for funding of state-owned companies (SOC), making this a remarkable milestone in the sector.
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