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INGUZA INVESTMENTS (RF) LIMITED - ING370 and ING371 - Listing of New Financial Instruments

Release Date: 05/04/2018 11:10
Code(s): ING370 ING371     PDF:  
Wrap Text
ING370 and ING371 - Listing of New Financial Instruments

iNguza Investments (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2008/003346/06)
Company code: BIIIPL
Bond code: ING370       ISIN: ZAG000150418
Bond code: ING371       ISIN: ZAG000150426
(“iNguza”)

LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE Limited has granted iNguza the listing of its Senior Unsecured Floating Rate Notes, in terms of its
Note Programme (“the Programme”) dated 16 April 2008 as amended, novated and/or replaced from time to
time, effective 6 April 2018.


Debt Security Code:                         ING370
ISIN:                                       ZAG000150418
Type of Debt Security:                      Floating Rate Notes
Nominal Issued:                             ZAR 850 000 000.00
Issue Date:                                 6 April 2018
Issue Price:                                100%
Initial Coupon Rate                         8.040% (An interpolated ZAR-JIBAR-SAFEX rate of 6.9% plus 114
                                            basis points calculated on 28 March 2018)
Coupon Rate:                                3 Month JIBAR plus 114 basis points
Interest Commencement Date:                 6 April 2018
Interest Determination Date(s):             29 April, 29 July, 29 October and 29 January of each year until
                                            maturity
First Interest Payment Date:                29 April 2018
Interest Payment Date(s):                   29 April, 29 July, 29 October and 29 January of each year until
                                            maturity
Last Day to Register:                       By 17h00 on 23 April, 23 July, 23 October and 23 January of each
                                            year until maturity
Books Close:                                24 April, 24 July, 24 October and 24 January of each year until
                                            maturity
Business Day Convention:                    Modified Following Business Day
Maturity Date:                              29 January 2019
Final Maturity Amount:                      100% of the Aggregate Nominal Amount
Other:                                      The pricing supplement contains additional terms and
                                            conditions/changes to the terms and conditions as contained in
                                            the Programme
Summary of Additional Terms:                Please refer to the disclosure contained in the pricing
                                            supplement “Other Provisions” named Amendment to Condition
                                            7, Noteholders’ Instructions and Information Undertakings as
                                            well as Annexure A which contains definitions

Debt Security Code:                         ING371
ISIN:                                       ZAG000150426
Type of Debt Security:                      Floating Rate Notes
Nominal Issued:                             ZAR 700 000 000.00
Issue Date:                                 6 April 2018
Issue Price:                                100%
Initial Coupon Rate                         8.295% (An interpolated ZAR-JIBAR-SAFEX rate of 6.9% plus
                                            139.5 basis points calculated on 28 March 2018)
Coupon Rate:                                3 Month JIBAR plus 139.5 basis points
Interest Commencement Date:                 6 April 2018
Interest Determination Date(s):             30 April, 31 July, 31 October and 31 January of each year until
                                            maturity
First Interest Payment Date:                30 April 2018
Interest Payment Date(s):                   30 April, 31 July, 31 October and 31 January of each year until
                                            maturity
Last Day to Register:                       By 17h00 on 24 April, 25 July, 25 October and 25 January of each
                                            year until maturity
Books Close:                                25 April, 26 July, 26 October and 26 January of each year until
                                            maturity
Business Day Convention:                    Modified Following Business Day
Maturity Date:                              31 January 2020
Final Maturity Amount:                      100% of the Aggregate Nominal Amount
Other:                                      The pricing supplement contains additional terms and
                                            conditions/changes to the terms and conditions as contained in
                                            the Programme
Summary of Additional Terms:                Please refer to the disclosure contained in the pricing
                                            supplement “Other Provisions” named Amendment to Condition
                                            7, Noteholders’ Instructions and Information Undertakings as
                                            well as Annexure A which contains definitions

Programme Amount:                           ZAR 25 000 000 000.00
Total Notes in Issue Under Programme:       ZAR 10 041 916 380.00, exclusive of this issuance of notes
Dealer:                                     FirstRand Limited acting through its Rand Merchant Bank
                                            division


The Notes will be immobilised in the Central Securities Depository and settlement will take place
electronically in terms of JSE Rules.


5 April 2018

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 05/04/2018 11:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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