Issue of ZAR 40,000,000 credit linked notes under the € 125,000,000,000 debt instruments issuance programme
SG Issuer (“the Issuer”)
Incorporated in Luxembourg
Issue of ZAR 40,000,000 Credit Linked Notes due on 10/01/2021
Under the € 125,000,000,000 Debt Instruments Issuance Programme
Unconditionally and irrevocably guaranteed by Société Générale (“the Guarantor”)
Long Name: SGI CLN on Crossover S24 Tranche
Short Name: SGI CLNS24
JSE Code: SGI004
Tranche 1, Series 80467EN/16.1
ISIN: ZAG000132218
The Issuer is pleased to announce the issue and listing of the following SGI CLNS24 credit linked
notes (“Notes”) on the Interest Rate Market with effect from 25 January 2016 or as soon as possible
thereafter.
Authorised programme size R1 000 000 000
Number of Notes 40
Nominal amount of this tranche R40 000 000
Aggregate nominal amount of Notes in issue R40 000 000
after issuance of this tranche
Issue price per Note R1 000 000
Issue date 25 January 2016
Interest rate (“Reference Rate”) 3 month JIBAR
Interest payment date 10th January, 10th April, 10th July, 10th October
in each year from and including 10th April 2016 to
and including the Scheduled Maturity Date
Scheduled maturity date (“Scheduled Maturity 10 January 2021
Date”)
Last day to register 17h00 on every 30th December, 30th March, 29th
June, 29th September of each year until the
Scheduled Maturity Date
Books closed period The Register will be closed from 31st December to
9th January and from 31st March to April 9th and
from 30th June to 9th July and from 30th September
to 9th October (all dates inclusive) in each year
and 5 days prior to any redemption date
Interest calculation methodology Relevant Proportion of the interest calculation
amount x (Reference Rate + 5.50%) x Day Count
Fraction
Relevant proportion (“Relevant Proportion”) Means the proportion which one Note bears to
the total number of Notes outstanding
Day count fraction (“Day Count Fraction”) Actual/365 (fixed)
Interest determination date Day beginning of each interest payment date
Final amount payable on maturity (per Note) Subject to the occurrence or not of Credit Events
affecting the Reference Portfolio, as disclosed and
explained in the APS, the final amount payable on
maturity (per Note) is Issue Price x 100%
Neither of the total authorised amount of the Debt Instruments Issue Programme (€125,000,000), or
the total authorised amount for the South African Notes (ZAR1,000,000,000) have been exceeded.
22 January 2016
Debt Sponsor
Questco (Pty) Ltd
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