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THE SOUTH AFRICAN NATIONAL ROADS AGENCY SOC LIMITED - Tap issues HWAY33 and HWAY34

Release Date: 26/04/2021 13:56
Code(s): HWAY34 HWAY33     PDF:  
Wrap Text
Tap issues – HWAY33 and HWAY34

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 – HWAY33 and HWAY34

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.

HWAY33

Authorised programme size:                      R31 910 000 000.00
Total amount in issue after this issuance:      R1 571 000 000.00
Instrument type:                                Indexed linked
Bond code:                                      HWAY33
Nominal value issued:                           R170 000 000.00
Issue price:                                    99.42406%
Coupon rate:                                    2.25%
Trade type:                                     Yield
Final maturity date:                            28 February 2033
Books closed period:                            18 February to 28 February, 21 August to 31 August
Interest payment dates:                         28 February and 31 August
Last day to register:                           By 17:00 on 17 February and 20 August
Issue date:                                     28 April 2021
Date convention:                                Following business day
Interest commencement date:                     28 February 2021
First interest payment date:                    31 August 2021
ISIN:                                           ZAG000130253
Additional information:                         Senior notes guaranteed by the Government of the
                                                Republic of South Africa but otherwise unsecured

HWAY34

Authorised programme size:                      R31 910 000 000.00
Total amount in issue after this issuance:      R7,993,000,000.00
Instrument type:                                Fixed rate
Bond code:                                      HWAY34
Nominal value issued:                           R82 000 000.00
Issue price:                                    86.948450%
Fixed coupon:                                   9.25% per annum
Trade type:                                     Yield
Final maturity date:                            31 July 2034
Books closed period:                            21 July to 31 July, 21 January to 31 January
Interest payment dates:                         31 July and 31 January
Last day to register:                           By 17:00 on 20 July and 20 January
Issue date:                                     28 April 2021
Date convention:                                Following business day
Interest commencement date:                     31 January 2021
First interest payment date:                    31 July 2021
ISIN:                                           ZAG000070319
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


26 April 2021

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

Date: 26-04-2021 01:56:00
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