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CLINDEB INVESTMENTS LIMITED - NTC30-New Financial Listing

Release Date: 24/03/2020 09:36
Code(s): NTC30     PDF:  
Wrap Text
NTC30-New Financial Listing

Clindeb Investments Limited
JSE Code:        NTC30
ISIN No:         ZAG00016732100


New Listing


The JSE Limited (the “JSE”) has granted a listing to Clindeb Investments Limited
(the “Issuer”) for the listing of the NTC30 Senior Unsecured Floating Rate Notes (the “Notes”) dated 25th March 2020
pursuant to the Issuer’s debt programme dated 1 April 2016.


INSTRUMENT TYPE:                           FLOATING RATE NOTE


Bond Code                                   NTC30
Nominal Issued                              R 500,000,000.00
Issue Price                                 100%
Coupon                                      7.358% (3 Month JIBAR as at 20 Mar 2020 of 5.558% plus 180 bps)
Coupon Rate Indicator                       Floating
Trade Type                                  Price
Final Maturity Date                         25 March 2025
Books Close                                 15 March, 15 June, 15 September, 15 December
Interest Payment Date(s)                    25 March, 25 June, 25 September, 25 December
Last Day to Register                        By 17:00 on 14 March, 14 June, 14 September, 14 December
Issue Date                                  25 March 2020
Date Convention                             Following
Interest Commencement Date                  25 March 2020
First Interest Payment Date                 25 June 2020
ISIN No.                                    ZAG000167321
Additional Information                      Senior, Unsecured



Date: 24 March 2020

Debt Sponsor: Standard Bank of South Africa

Date: 24-03-2020 09:36:00
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