INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA LIMITED - IDCS06 and IDCS07 New Listing

IDCS06 and IDCS07 New Listing

  Industrial Development Corporation of South Africa Limited Incorporated in the
  Republic of South Africa)
  Registration No. 1940/014201/06) Issuer code:
  IN02
 Bond Code: IDCS06          ISIN No: ZAG000216557
 Bond Code: IDCS07          ISIN No: ZAG000216540
(the "IDC")


 Sustainable Notes: New Financial Instruments Listing – Idcs06 and Idcs07.

 The JSE Limited has granted a listing of sustainable notes under the IDC's Domestic Medium Term Note Programme, on the
 Interest Rate Market.

 Authorized Programme Size                      R 50 000 000 000.00
 Total Notes in issue                           R 33 241 000 000.0033 676 000 000.00 (Excluding these tranches)



 Full note details are set out below:

 Bond Code                                      IDCS06
 Nominal Value                                  R 180 000 000.00
 Instrument Type                                Floating Rate Note
 Issue price                                    100%
 Coupon                                         3 Month JIBAR plus 185bps
 Coupon Rate Indicator                          Floating
 Trade Type                                     Price
 Final Redemption Date                          23 June 2030
 Books Close Date(s)                            Each period from (and including) 13 March to 22 March, 13
                                                June to 22 June, 13 September to 22 September and 13
                                                December to 22 December of each year until the Applicable
                                                Redemption Date, being 10 (ten) days prior to each Interest
                                                Payment Date and/or the Applicable Redemption Date

 Interest Payment Date(s)                       Quarterly in arrears on 23 March, 23 June, 23 September,
                                                and 23 December of each year until the Final Redemption
                                                Date, or if any such day is not a Business Day, the Business
                                                Day on which interest will be paid as determined in
                                                accordance with the applicable Business Day Convention.
                                                This shall be in each year for the period from (and including)
                                                the Interest Commencement Date to (but excluding) the
                                                Applicable Redemption Date

 Interest Determination Date(s)                 The first day of each Interest Period; provided that the Rate

                                                Determination Date for the first Interest Period shall be 18 June 2025

 Last day to register                           By 17H00 (South Africa time) on 12 March, 12 June, 12 September and 12
                                       December of each year until the Applicable Redemption Date

                                       year until the Applicable Redemption Date
Issue Date                             23 June 2025
Date Convention                        Following
Interest Commencement Date             23 June 2025

First Interest Payment Date            23 September 2025

ISIN No                                ZAG000216557
Additional Information                 Senior, Unsecured



Full note details are set out below:

Bond Code                              IDCS07
Nominal Value                          R 1 200 000 000.00
Instrument Type                        Floating Rate Note
Issue price                            100%
Coupon                                 3 Month JIBAR plus 200bps
Coupon Rate Indicator                  Floating
Trade Type                             Price
Final Redemption Date                  23 June 2032
Books Close Date(s)                    Each period from (and including) 13 March to 22 March, 13
                                       June to 22 June, 13 September to 22 September and 13
                                       December to 22 December of each year until the Applicable
                                       Redemption Date, being 10 (ten) days prior to each Interest
                                       Payment Date and/or the Applicable Redemption Date.

Interest Payment Date(s)               Quarterly in arrears on 23 March, 23 June, 23 September,

                                       and 23 December of each year until the Final Redemption

                                       Date, or if any such day is not a Business Day, the Business

                                       Day on which interest will be paid as determined in

                                       accordance with the applicable Business Day Convention.

                                       This shall be in each year for the period from (and including)

                                       the Interest Commencement Date to (but excluding) the

                                       Applicable Redemption Date.


Interest Determination Date(s)         The first day of each Interest Period; provided that the Rate
                                       Determination Date for the first Interest Period shall be 18 June 2025
Last day to register                   By 17H00 (South Africa time) on 12 March, 12 June, 12
                                       September and 12 December of each year until the Applicable Redemption
                                       Date
Issue Date                             23 June 2025
Date Convention                        Following
Interest Commencement Date             23 June 2025

First Interest Payment Date            23 September 2025
ISIN No                                     ZAG000216557
Additional Information                      Senior, Unsecured




Johannesburg
20 June 2025

Debt sponsor
The Standard Bank of South Africa Limited

Date: 20-06-2025 03:35:00
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