DENEL SOC LIMITED - Tap issue DENG90

Tap issue DENG90

DENEL SOC LIMITED

Stock Code:      DENG90
ISIN Code:       ZAG000156712


Tap issue – DENG90

The JSE Limited has granted a listing to DENEL SOC LIMITED on
Interest Rate Market with effect from 13 February 2019.


Authorised Programme size:      R 4,000,000,000.00
Total Notes Outstanding
(Including this issuance):      R 3,214,000,000.00



INSTRUMENT TYPE:                FLOATING RATE NOTE

Bond Code                        DENG90
Tap Amount                      R 30,000,000.00
Total Amount Following Tap      R 60,000,000.00

Bond Code                       DENG90
Nominal Issued                  R 30,000,000.00
Issue Price                     100.311219%
Coupon                          8.9% (3 Month JIBAR as at 28
                                January 2019 of 7.150% plus 175
                                bps)
Coupon Rate Indicator           Floating
Trade Type                      Price
Final Maturity Date             31 January 2020
Books Close Date(s)             21 January, 20 April, 21 July, 21
                                October
Interest Payment Date(s)        31 January, 30 April, 31 July, 31
                                October
Last Day to Register            By 17:00 on 20 January, 19 April,
                                20 July, 20 October
Issue Date                      13 February 2019
Date Convention                 Modified Following
Interest Commencement Date      31 January 2019
First Interest Date             30 April 2019
ISIN No.                        ZAG000156712
Additional Information          Senior   Unsecured  Floating Rate
                                Notes
The note will be immobilised in the Central Securities Depository
(“CSD”) and settlement will take place electronically in terms of
JSE Rules. For further information on the Note issue please
contact:



Allister Lamont-Smith    Nedbank CIB        +27 11 2944833
Corporate Actions        JSE                +27 11 5207000

13 February 2019

Sponsor: Nedbank Corporate and Investment Banking, a division of
Nedbank Limited.

Date: 13/02/2019 10:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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