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CLINDEB INVESTMENTS LIMITED - New Listing - NET53

Release Date: 16/04/2020 15:40
Code(s): NET53     PDF:  
Wrap Text
New Listing - NET53

Clindeb Investments Limited
Incorporated in the Republic of South Africa
(Registration number 1991/001634/06)


JSE Code:         NET53
ISIN No:         ZAG000167602


New Listing


The JSE Limited (the “JSE”) has granted a listing to Clindeb Investments Limited (the “Issuer”) for the listing of the NET53
Senior Unsecured Floating Rate Notes (the “Notes”) dated 17th April 2020 pursuant to the Issuer’s debt programme dated
1 April 2016.



INSTRUMENT TYPE:                           FLOATING RATE NOTE


Bond Code                                   NET53
Nominal Issued                              R 250,000,000.00
Issue Price                                 100%
Coupon                                      7.1% (3 Month JIBAR as at 08 Apr 2020 of 5.6% plus 150 bps)
Coupon Rate Indicator                       Floating
Trade Type                                  Price
Final Maturity Date                         17 April 2021
Books Close                                 7 January, 7 April, 7 July, 7 October
Interest Payment Date(s)                    17 January, 17 April, 17 July, 17 October
Last Day to Register                        By 17:00 on 6 January, 6 April, 6 July, 6 October
Issue Date                                  17 April 2020
Date Convention                             Following
Interest Commencement Date                  17 April 2020
First Interest Payment Date                 17 July 2020
ISIN No.                                    ZAG000167602
Additional Information                      Senior, Unsecured


Date: 16 April 2020

Debt Sponsor: Standard Bank of South Africa

Date: 16-04-2020 03:40:00
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