Press Release
24 January 2002
Following current volatility in the bond market and uncertainty surrounding
the underlying interest rate environment, Super Group has decided to delay
the issue of its inaugural bond.
Sufficient interest in raising the bond was achieved, however, the interest
spread offered was uneconomical given Super Group's A- rating and strong
balance sheet.
Super Group has no immediate need for the funds and consequently a delay to
when there is less volatility and better pricing can be obtained is
considered the most prudent approach.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
