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Listing of new financial instrument – HWF12
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: HWF12
ISIN: ZAG000161274
(“SANRAL”)
LISTING OF NEW FINANCIAL INSTRUMENT – HWF12
The JSE Limited has granted approval for the listing of HWF12 ZAR1 650 000 000 Senior Unsecured
Floating 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 29 July 2019.
The details pertaining to HWF12 are as follows:
Instrument Code: HWF12
ISIN No: ZAG000161274
Instrument Type: Senior Unsecured Floating Rate Notes
Nominal Amount: ZAR1 650 000 000.00
Issue Date: 29 July 2019
Issue Price: 100%
Interest Rate: 3 Month ZAR-JIBAR-SAFEX plus 147 bps
Interest Determination Date(s): 29 October, 29 January, 29 April and 29 July until
the Redemption Date with the first Interest
Determination Date being 29 July 2019 (subject to
the applicable Business Day Convention)
Coupon Rate Indicator: Floating
Interest Commencement Date: 29 July 2019
Interest Payment Dates: 29 October, 29 January, 29 April and 29 July 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: 29 October 2019
Applicable Business Day Convention: Following Business Day
Last Day to Register: By 17h00 on 18 October, 18 January, 18 April and
18 July 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: 19 October to 28 October, 19 January to 28
January, 19 April to 28 April and 19 July to 28 July
(all dates inclusive) of each year until the
Redemption Date
Redemption Date: 29 July 2022
Final Redemption Amount: 100%
Total Notes in Issue: ZAR27 563 000 000 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.
26 July 2019
Debt Sponsor
One Capital
Date: 26/07/2019 03:15:00
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