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BIBG4 - Blue Granite Investment No 4 (Proprietary) Limited - New Financial
Instrument Listing announcement
Dated: 22 March 2012
Stock Code: BG42A1, BG42A2, BG42A3, BG42A4, BG42B, BG42C
ISIN Code: ZAG000093766, ZAG000093774, ZAG000093782, ZAG000093865,
ZAG000093808, ZAG000093790
The JSE Limited has granted a listing to Blue Granite Investment No 4
(Proprietary) Limited Floating Rate Notes BG42A1, BG42A2, BG42A3, BG42A4,
BG42B and BG42C due on 15 June 2037 - 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 R6,000,000,000.00
Total notes issued R4,033,000,000.00
Full Note details are as follows:
Designation of Note: Class A1 Note
Nominal Issued: ZAR 1,044,000,000.00
Coupon Rate: 6.75% (being 115 bps over 3 month JIBAR of
5.60%)
Coupon Step-Up Rate: 0 bps plus coupon
Coupon Indicator: Floating
Maturity Date: 15 June 2037
First Interest Payment Date: 15 June 2012
Coupon Step-Up and Call Date: 15 March 2017
Interest Payment Dates: each 15 June, 15 September, 15 December
and 15 March
Books Close: each 10 June, 10 September, 10 December
and 10 March
Last day to register: By 17:00 on 09 June, 09 September, 09
December and 09 March of each year
Interest Commencement Date: 22 March 2012
Settlement Date: 22 March 2012
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 668,000,000.00
Coupon Rate: 7.30% (being 170 bps over 3 month JIBAR of
5.60%)
Coupon Step-Up Rate: 55 bps plus coupon
Coupon Indicator: Floating
Maturity Date: 15 June 2037
First Interest Payment Date: 15 June 2012
Coupon Step-Up and Call Date: 15 March 2017
Interest Payment Dates: each 15 June, 15 September, 15 December
and 15 March
Books Close: each 10 June, 10 September, 10 December
and 10 March
Last day to register: By 17:00 on 09 June, 09 September, 09
December and 09 March of each year
Interest Commencement Date: 22 March 2012
Settlement Date: 22 March 2012
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 1,040,000,000.00
Coupon Rate: 7.45% (being 185 bps over 3 month JIBAR of
5.60%)
Coupon Step-Up Rate: 65 bps plus coupon
Coupon Indicator: Floating
Maturity Date: 15 June 2037
First Interest Payment Date: 15 June 2012
Coupon Step-Up and Call Date: 15 March 2017
Interest Payment Dates: each 15 June, 15 September, 15 December
and 15 March
Books Close: each 10 June, 10 September, 10 December
and 10 March
Last day to register: By 17:00 on 09 June, 09 September, 09
December and 09 March of each year
Interest Commencement Date: 22 March 2012
Settlement Date: 22 March 2012
Rating: Aaa.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa Limited
Designation of Note: Class A4 Note
Nominal Issued: ZAR 725,000,000.00
Coupon Rate: 8.80% (being 152 bps over the R203 bond of
7.28% as at 12h00, South African time on
the Rate Determination Date)
Rate Determination Date: 14 March 2012
Coupon Indicator: Fixed
Interest Payment Dates: each 15 March and 15 September.
First Interest Payment Date: 15 September 2012
Last Interest Payment Date: 15 March 2017 and thereafter,
Coupon Rate: 7.45% (being 185 bps over 3 month JIBAR of
5.60%)
Coupon Step-Up Rate: 65 bps plus coupon
Coupon Indicator: Floating
Maturity Date: 15 June 2037
First Interest Payment Date: 15 June 2017
Coupon Step-Up and Call Date: 15 March 2017
Interest Payment Dates: each 15 June, 15 September, 15 December
and 15 March
Books Close: each 10 June, 10 September, 10 December
and 10 March
Last day to register: By 17:00 on 09 June, 09 September, 09
December and 09 March of each year
Interest Commencement Date: 22 March 2012
Settlement Date: 22 March 2012
Rating: Aaa.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa Limited
Designation of Note: Class B Note
Nominal Issued: ZAR 166,000,000.00
Coupon Rate: 7.90% (being 230 bps over 3 month JIBAR of
5.60%)
Coupon Step-Up Rate: 100 bps plus coupon
Coupon Indicator: Floating
Maturity Date: 15 June 2037
First Interest Payment Date: 15 June 2012
Coupon Step-Up and Call Date: 15 March 2017
Interest Payment Dates: each 15 June, 15 September, 15 December
and 15 March
Books Close: each 10 June, 10 September, 10 December
and 10 March
Last day to register: By 17:00 on 09 June, 09 September, 09
December and 09 March of each year
Interest Commencement Date: 22 March 2012
Settlement Date: 22 March 2012
Rating: A1.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa Limited
Designation of Note: Class C Note
Nominal Issued: ZAR 177,000,000.00
Coupon Rate: 8.70% (being 310 bps over 3 month JIBAR of
5.60%)
Coupon Step-Up and Call Date: 0 bps plus coupon
Coupon Indicator: Floating
Maturity Date: 15 June 2037
First Interest Payment Date: 15 June 2012
Coupon Step-Up Date: 15 March 2017
Interest Payment Dates: each 15 June, 15 September, 15 December
and 15 March
Books Close: each 10 June, 10 September, 10 December
and 10 March
Last day to register: By 17:00 on 09 June, 09 September, 09
December and 09 March of each year
Interest Commencement Date: 22 March 2012
Settlement Date: 22 March 2012
Rating: Baa2.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa sLimited
Date: 22 March 2012
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:
Armine Schaefer SBSA (Sponsor) (011) 378 8106
Email: armine.schaefer@standardbank.co.za
Date: 22/03/2012 15:30:03 Supplied by www.sharenet.co.za
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