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INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA LIMITED - New Financial Instrument Listing and Tap-IN02

Release Date: 12/03/2019 15:00
Code(s): IDCG19 IDCG16 IDCG18     PDF:  
Wrap Text
New Financial Instrument Listing and Tap-IN02

Industrial Development Corporation of South Africa limited
(Incorporated in the Republic of South Africa)
(Registration No. 1940/014201/06)
Issuer code: IN02
(“IDC”)


New Floating Rate Note Listings


The JSE Limited has granted a listing of financial instruments under
the IDC’s Domestic Medium Term Note Programme on the Interest Rate
Market.

    Authorised programme size                 R40,000,000,000.00


   INSTRUMENT TYPE:              FLOATING RATE NOTE

   Bond Code                     IDCG18
   Nominal Issued                R 186,000,000.00
   Issue Price                   100%
   Coupon                        8.45% (3 Month JIBAR as at 07 March 2019 of
                                 7.150% plus 130 bps)
   Coupon Rate Indicator         Floating
   Trade Type                    Price
   Final Maturity Date           12 March 2022
   Books Close Date(s)           7 March, 7 June, 7 September, 7 December
   Interest Payment Date(s)      12 March, 12 June, 12 September, 12 December
   Last Day to Register          By 17:00 on 6 March, 6 June, 6 September, 6
                                 December
   Issue Date                    12 March 2019
   Date Convention               Following
   Interest Commencement Date    12 March 2019
   First Interest Payment Date   12 June 2019
   ISIN No.                      ZAG000157603
   Additional Information        Senior Unsecured Floating Rate Notes



   Bond Code                     IDCG19
   Nominal Issued                R 353,000,000.00
   Issue Price                   100%
   Coupon                        8.8% (3 Month JIBAR    as   at   07   March   2019   of
                                 7.150% plus 165 bps)
   Coupon Rate Indicator         Floating
   Trade Type                    Price
   Final Maturity Date           12 March 2024
 Books Close Date(s)            7 March, 7 June, 7 September, 7 December
 Interest Payment Date(s)       12 March, 12 June, 12 September, 12 December
 Last Day to Register           By 17:00 on 6 March, 6 June, 6 September, 6
                                December
 Issue Date                     12 March 2019
 Date Convention                Following
 Interest Commencement Date     12 March 2019
 First Interest Payment Date    12 June 2019
 ISIN No.                       ZAG000157611
 Additional Information         Senior Unsecured Floating Rate Notes




Tap Issue


Tap Amount                          R 961,000,000.00
Total Amount Following Tap Issue    R 1,451,000,000.00


Bond Code                      IDCG16
Nominal Issued                 R 961,000,000.00
Issue Price                    100.733457%
Coupon                         9.05% (3 Month JIBAR as at 12 February 2019 of
                               7.150% plus 190 bps)
Coupon Rate Indicator          Floating
Trade Type                     Price
Final Maturity Date            12 November 2025
Books Close Date(s)            7 February, 7 May, 7 August, 7 November
Interest Payment Date(s)       12 February, 12 May, 12 August, 12 November
Last Day to Register           By 17:00 on 6 February, 6 May, 6 August, 6 November
Issue Date                     12 March 2019
Date Convention                Following
Interest Commencement Date     12 February 2019
First Interest Date            12 February 2019
ISIN No.                       ZAG000155375
Additional Information         Senior Unsecured Floating Rate Notes




Johannesburg
12 March 2019

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 12/03/2019 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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