To view the PDF file, sign up for a MySharenet subscription.

THE SOUTH AFRICAN NATIONAL ROADS AGENCY SOC LIMITED - Tap issues HWAY34 and HWAY30

Release Date: 07/09/2021 10:34
Code(s): HWAY34 HWAY30     PDF:  
Wrap Text
Tap issues – HWAY34 and HWAY30

The South African National Roads Agency SOC Limited
Incorporated in the Republic of South Africa
(Registration number 1998/009584/30)
Company code: BINRA
 (“SANRAL”)

Tap issues – HWAY34 and HWAY30

The JSE Limited has granted approval for the tap issues of existing instruments to SANRAL under its Domestic
Medium-Term Note programme dated 13 August 2018.

HWAY34

Authorised programme size:                      R31 910 000 000
Total amount in issue after this issuance:      R9 743 000 000
Instrument type:                                Fixed rate
Bond code:                                      HWAY34
Nominal value issued:                           R650 000 000
Issue price:                                    89.75782%
Coupon rate:                                    9.25%
Trade type:                                     Yield
Final maturity date:                            31 July 2034
Books closed period:                            21 January to 31 January, 21 July to 31 July
Interest payment dates:                         31 January and 31 July
Last day to register:                           By 17:00 on 20 January and 20 July
Issue date:                                     10 September 2021
Date convention:                                Following business day
Interest commencement date:                     31 July 2021
First interest payment date:                    31 January 2022
ISIN:                                           ZAG000070319
Additional information:                         Senior notes guaranteed by the Government of the
                                                Republic of South Africa but otherwise unsecured

HWAY30

Authorised programme size:                      R31 910 000 0000
Total amount in issue after this issuance:      R2 338 000 000
Instrument type:                                Fixed rate
Bond code:                                      HWAY30
Nominal value issued:                           R350 000 000
Issue price:                                    104.16011%
Fixed coupon:                                   10.365% per annum
Trade type:                                     Yield
Final maturity date:                            28 August 2030
Books closed period:                            18 August to 27 August, 18 February to 27 February
Interest payment dates:                         28 August and 28 February
Last day to register:                           By 17:00 on 17 August and 17 February
Issue date:                                     10 September 2021
Date convention:                                Following business day
Interest commencement date:                     28 August 2021
First interest payment date:                    28 February 2022
ISIN:                                           ZAG000170648
Additional information:                         Senior notes guaranteed by the Government of the
                                                Republic of South Africa but otherwise unsecured

The Applicable Pricing Supplements will be available on SANRAL’s website, www.nra.co.za.

The notes relating to the tap issues (“Notes”) will be dematerialised in the Central Securities Depository
(“CSD”) and settlement will take place electronically in terms of JSE Rules. For further information on the
Notes issue please contact:

Doris Thiele              Nedbank Corporate and Investment Banking, a       +27 11 2958525
                          division of Nedbank Limited


7 September 2021

Debt Sponsor
Nedbank Corporate and Investment Bank, a division of Nedbank Limited

Date: 07-09-2021 10:34:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.