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CLINDEB INVESTMENTS LIMITED - NTC29-New Financial Instrument

Release Date: 20/03/2020 16:50
Code(s): NTC29     PDF:  
Wrap Text
NTC29-New Financial Instrument

Clindeb Investments Limited
JSE Code:        NTC29
ISIN No:         ZAG000167263


New Listing


The JSE Limited (the “JSE”) has granted a listing to Clindeb Investments Limited
(the “Issuer”) for the listing of the NTC29 Senior Unsecured Floating Rate Notes (the “Notes”) dated 19th March 2020
pursuant to the Issuer’s debt programme dated 1 April 2016.


INSTRUMENT TYPE:                           FLOATING RATE NOTE


Bond Code                                   NTC29
Nominal Issued                              R 300,000,000.00
Issue Price                                 100%
Coupon                                      7.633% (3 Month JIBAR as at 16 Mar 2020 of 6.383% plus 125 bps)
Coupon Rate Indicator                       Floating
Trade Type                                  Price
Final Maturity Date                         19 March 2022
Books Close                                 9 March, 9 June, 9 September, 9 December
Interest Payment Date(s)                    19 March, 19 June, 19 September, 19 December
Last Day to Register                        By 17:00 on 8 March, 8 June, 8 September, 8 December
Issue Date                                  19 March 2020
Date Convention                             Following
Interest Commencement Date                  19 March 2020
First Interest Payment Date                 19 June 2020
ISIN No.                                    ZAG000167263
Additional Information                      Senior, Unsecured
Applicable Pricing Supplement




Date: 20 March 2020

Debt Sponsor: Standard Bank of South Africa

Date: 20-03-2020 04:50:00
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