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Eskom seeks to firm up rating as it plots yearly borrowings of R90bn

Engineering News 29 June 2010.

State-owned power utility Eskom has reiterated its desire to use the R59-billion “unutilised” portion of a larger R176-billion government guarantee to directly strengthen its credit profile and to sustain its position as a “strong investment grade borrower” as it seeks to fund a R550-billion expansion programme between now and 2017…

http://www.engineeringnews.co.za/article/eskom-seeks-to-firm-up-rating-as-it-plots-yearly-borrowings-of-r90bn-2010-06-29

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