Listing of new financial instrument and tap issue – HWAY30 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
Bond Code: HWAY30
ISIN: ZAG000170648
Bond Code: HWAY34
ISIN: ZAG000070319
(“SANRAL”)
LISTING OF NEW FINANCIAL INSTRUMENT AND TAP ISSUE – HWAY30 AND HWAY34
The JSE Limited has granted approval for the listing of HWAY30 ZAR1 188 000 000 Senior Unsecured
Fixed Rate Notes, under the amended and restated SANRAL ZAR31 910 000 000 Guaranteed
Domestic Medium Term Note Programme dated 13 August 2018 (“Programme Memorandum”), with
effect from 28 August 2020.
The details pertaining to listing of HWAY30 are as follows:
Instrument Code: HWAY30
ISIN No: ZAG000170648
Instrument Type: Senior Unsecured Fixed Rate Notes
Nominal Amount: ZAR1 188 000 000.00
Issue Date: 28 August 2020
Issue Price: 100%
Interest Rate: 10.365% per annum payable semi-annually in
arrear
Interest Rate Indicator: Fixed
Interest Commencement Date: 28 August 2020
Interest Payment Dates: 28 August, 28 February of each calendar year until
the Redemption Date or, if such day is not a
Business Day, the Business Day on which the
interest will be paid (subject to the applicable
Business Day Convention)
First Interest Payment Date: 28 February 2021
Applicable Business Day Convention: Following Business Day
Last Day to Register: By 17h00 on 17 August and 17 February of each
calendar year until the Redemption Date or if such
day is not a Business Day, the Business Day
immediately preceding each Books Closed Period
Books Closed Period: 18 August to 27 August and from 18 February to 27
February (all dates inclusive) in each calendar year
until the Redemption Date
Redemption Date: 28 August 2030
Final Redemption Amount: 100%
Total Notes in Issue: ZAR22 206 153 479.00 including this issue
Additional terms and conditions: The applicable pricing supplement does not contain
additional terms and conditions to the terms and
conditions as contained in the Programme
Memorandum
Additional information: Guaranteed by the government of the Republic of
South Africa
The details pertaining to the listing of a tap issue of HWAY34 are as follows:
Instrument Code: HWAY34
ISIN No: ZAG000070319
Instrument Type: Senior Unsecured Fixed Rate Notes
Nominal Amount: ZAR765 000 000.00
Issue Date: 28 August 2020
Issue Price: 82.49466%
Interest Rate: 9.25% per annum payable semi-annually in arrear
Interest Rate Indicator: Fixed
Interest Commencement Date: 31 July 2020
Interest Payment Dates: 31 July and 31 January of each year until the
Redemption Date or, if such day is not a Business Day,
the Business Day on which the interest will be paid
(subject to the applicable Business Day Convention)
First Interest Payment Date: 31 January 2021
Applicable Business Day Convention: Following Business Day
Last Day to Register: By 17h00 on 20 July and 20 January of each year until
the Redemption Date or if such day is not a Business
Day, the Business Day immediately preceding each
Books Closed Period
Books Closed Period: 21 July to 30 July and from 21 January to 30 January
(all dates inclusive) of each year until the Redemption
Date
Redemption Date: 31 July 2034
Final Redemption Amount: 100%
Total Notes in Issue: ZAR22 206 153 479.00 including this issue
Additional Terms and Conditions: The applicable pricing supplement does not contain
additional terms and conditions to the Terms and
Conditions as contained in the Programme
Memorandum
Additional Information: Guaranteed by the government of the Republic of
South Africa
The Notes will be immobilised in the Central Securities Depository and settlement will take place
electronically in terms of JSE Rules.
27 August 2020
Debt Sponsor
One Capital
Date: 27-08-2020 02:31:00
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