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THE SOUTH AFRICAN NATIONAL ROADS AGENCY SOC LIMITED - Tap issues HWAY34 and HWAY35

Release Date: 12/08/2021 09:01
Code(s): HWAY34 HWAY35     PDF:  
Wrap Text
Tap issues – HWAY34 and HWAY35

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 HWAY35

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:      R8,893,000,000
Instrument type:                                Fixed rate
Bond code:                                      HWAY34
Nominal value issued:                           R200 000 000
Issue price:                                    86.87261%
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:                                     13 August 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

HWAY35

Authorised programme size:                      R31 910 000 0000
Total amount in issue after this issuance:      R3,384,000,000
Instrument type:                                Fixed rate
Bond code:                                      HWAY35
Nominal value issued:                           R100 000 000
Issue price:                                    86.30288%
Fixed coupon:                                   9.25% per annum
Trade type:                                     Yield
Final maturity date:                            31 July 2035
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:                                     13 August 2021
Date convention:                                Following business day
Interest commencement date:                     31 July 2021
First interest payment date:                    31 January 2022
ISIN:                                           ZAG000079161
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


12 August 2021

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

Date: 12-08-2021 09:01:00
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