INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA LIMITED - New Financial Instrument Listing - IDCC01 - 06 December 2017

New Financial Instrument Listing - IDCC01 - 06 December 2017

INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA (“IDC”)


REGISTRATION NUMBER: 1940/014201/06


6 December 2017


Bond code: IDCC01
ISIN:      ZAG000148784



The JSE Limited has granted a listing of a new financial instrument
(Tap of IDCG06) under IDC’s Domestic Medium Term Note Programme on the
Interest Rate Market.

Authorised programme size       R40,000,000,000.00
Total notes in issue            R12,122,000,000.00
(excluding these issues)

Full instrument details are as follows:


Tap issue:
Bond Code                             IDCC01
ISIN                                  ZAG000148784
Nominal Issued                        R430,000,000.00
Issue Price                           100%
Coupon Rate Indicator                 FLOATING
Benchmark                             3M Jibar
Coupon                                8.075% (3M Jibar as at 01 December
                                      2017 of 7.125% plus 95bps)
Trade Type                            Price
Issue / Settlement Date               6 December 2017
Maturity Date                         6 December 2018
Interest Commencement Date            6 December 2017
First Interest Payment Date           6 March 2018
Interest Payment Date(s)              6 March, 6 June, 6 September and 6
                                      December for the 12 months until
                                      the Maturity Date
Last Day to Register                  By 17:00 on 23 February, 26 May,
                                      26 August and 25 November until
                                      the Maturity Date (all dates
                                      inclusive)
Books Close Date(s)                   24 February, 27 May, 27 August and
                                      26 November
Date Convention                       Following Business Day
First Interest Payment Date     6 March 2018
Additional Information          Senior Unsecured Floating Rate Notes

Applicable Pricing Supplement

https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/BondDocuments
/IDCC01%20Pricing%20Supplement%20_6Dec2017.pdf


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




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