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BIBG2 - Blue Granite Investments No.2 (Proprietary) Limited - New Financial
Instrument Listing Announcement
Blue Granite Investments No.2 (Proprietary) Limited - BG22A1, BG22A2, BG22A3,
BG22B1, BG22C1, BG22D1
Dated: 3 August 2011
Stock Code: BG22A1, BG22A2, BG22A3, BG22B1, BG22C1, BG22D1
ISIN Code: ZAG000087537, ZAG000087545, ZAG000087560, ZAG000087552,
ZAG000087578, ZAG000087586
The JSE Limited has granted a listing to Blue Granite Investments No.2
(Proprietary) Limited Floating Rate Notes due 21 July 2041 - sponsored by The
Standard Bank of South Africa Limited (acting through its Corporate and
Investment Banking Division), under its Asset Backed Note Programme.
Authorised Programme size R5,000,000,000.00
Total notes issued R2,182,493,462.00
Full Note details are as follows:
Designation of Note: Class A1 Note
Nominal Issued: ZAR 225,000,000.00
Coupon Rate: 6.985% (being 140 bps over 3 month
JIBAR of 5.585%)
Coupon Step-Up Rate: 140 bps over 3 month JIBAR
Coupon Indicator: Floating
Maturity Date: 21 July 2041
First Interest Payment Date: 21 October 2011
Coupon Step-Up Date: 21 July 2016
Interest Payment Dates: each 21 January, 21 April, 21 July
and 21 October
Books Close: each 17 January, 17 April, 17 July and
17 October
Last day to register: By 17:00h on 16 January, 16 April,
16 July and 16 October of each year
Interest Commencement Date: 3 August 2011
Settlement Date: 3 August 2011
Rating: Aaa.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa Limited
Designation of Note: Class A2 Note
Nominal Issued: ZAR 600,000,000.00
Coupon Rate: 7.035% (being 145 bps over 3 month
JIBAR of 5.585%)
Coupon Step-Up Rate: 195 bps over 3 month JIBAR
Coupon Indicator: Floating
Maturity Date: 21 July 2041
First Interest Payment Date: 21 October 2011
Coupon Step-Up Date: 21 July 2016
Interest Payment Dates: each 21 January, 21 April, 21 July
and 21 October
Books Close: each 17 January, 17 April, 17 July and
17 October
Last day to register: By 17:00h on 16 January, 16 April,
16 July and 16 October of each year
Interest Commencement Date: 3 August 2011
Settlement Date: 3 August 2011
Rating: Aaa.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa Limited
Designation of Note: Class A3 Note
Nominal Issued: ZAR 1,102,000,000.00
Coupon Rate: 7.185% (being 160 bps over 3 month
JIBAR of 5.585%)
Coupon Step-Up Rate: 225 bps over 3 month JIBAR
Coupon Indicator: Floating
Maturity Date: 21 July 2041
First Interest Payment Date: 21 October 2011
Coupon Step-Up Date: 21 July 2016
Interest Payment Dates: each 21 January, 21 April, 21 July
and 21 October
Books Close: each 17 January, 17 April, 17 July
and 17 October
Last day to register: By 17:00h on 16 January, 16 April,
16 July and 16 October of each year
Interest Commencement Date: 3 August 2011
Settlement Date: 3 August 2011
Rating: Aaa.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa Limited
Designation of Note: Class B1 Note
Nominal Issued: ZAR 118,000,000.00
Coupon Rate: 7.685% (being 210 bps over 3 month
JIBAR of 5.585%)
Coupon Step-Up Rate: 310 bps over 3 month JIBAR
Coupon Indicator: Floating
Maturity Date: 21 July 2041
First Interest Payment Date: 21 October 2011
Coupon Step-Up Date: 21 July 2016
Interest Payment Dates: each 21 January, 21 April, 21 July
and 21 October
Books Close: each 17 January, 17 April, 17 July
and 17 October
Last day to register: By 17:00h on 16 January, 16 April,
16 July and 16 October of each year
Interest Commencement Date: 3 August 2011
Settlement Date: 3 August 2011
Rating: A1.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa Limited
Designation of Note: Class C1 Note
Nominal Issued: ZAR 77,000,000.00
Coupon Rate: 8.185% (being 260 bps over 3 month
JIBAR of 5.585%)
Coupon Step-Up Rate: 260 bps over 3 month JIBAR
Coupon Indicator: Floating
Maturity Date: 21 July 2041
First Interest Payment Date: 21 October 2011
Coupon Step-Up Date: 21 July 2016
Interest Payment Dates: each 21 January, 21 April, 21 July
and 21 October
Books Close: each 17 January, 17 April, 17 July
and 17 October
Last day to register: By 17:00h on 16 January, 16 April,
16 July and 16 October of each year
Interest Commencement Date: 3 August 2011
Settlement Date: 3 August 2011
Rating: Baa1.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa Limited
Designation of Note: Class D1 Note
Nominal Issued: ZAR 71,000,000.00
Coupon Rate: 9.585% (being 400 bps over 3 month
JIBAR of 5.585%)
Coupon Step-Up Rate: 400 bps over 3 month JIBAR
Coupon Indicator: Floating
Maturity Date: 21 July 2041
First Interest Payment Date: 21 October 2011
Coupon Step-Up Date: 21 July 2016
Interest Payment Dates: each 21 January, 21 April, 21 July
and 21 October
Books Close: each 17 January, 17 April, 17 July
and 17 October
Last day to register: By 17:00h on 16 January, 16 April,
16 July and 16 October of each year
Interest Commencement Date: 3 August 2011
Settlement Date: 3 August 2011
Rating: Ba2.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa Limited
Date: 3 August 2011
Sponsor: Standard Bank
Notes will be deposited in the Central Depository ("CSD") and settlement will
take place electronically in terms of JSE Rules.
Further information on the Note issued please contact:
Mike Brunke SBSA (Sponsor) (011) 378 8101
Email: mike.brunke@standardbank.co.za
Date: 04/08/2011 09:29:01 Supplied by www.sharenet.co.za
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