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INGUZA INVESTMENTS (PTY) LIMITED - Listing of New Financial Instrument

Release Date: 17/08/2012 13:09
Code(s): ING167     PDF:  
Wrap Text
Listing of New Financial Instrument

iNguza Investments (Proprietary) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2008/003346/07)
Company code: BIIIPL
(“iNguza”)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted iNguza the listing of its ING167
Floating Rate Notes, in terms of its ZAR15,000,000,000 Note
Programme dated 16 April 2008.

INSTRUMENT TYPE:             Floating Rate Notes
Total Notes in Issue:        R 8,639,167,537.00 excluding this
                             issuance of Notes

Instrument Code:             ING167
Nominal Issued:              R110,000,000.00
Issue Price:                 100%
Interest Rate for First      6.150% (1 month JIBAR as at 17 August 2012
Interest Period:             of 4.950% plus 120bps)
Interest Rate:               3 month JIBAR on each Interest Reset Date
                             plus 120bps
Coupon Rate Indicator:       Floating
Issue Date:                  17 August 2012
Interest Commencement Date:  17 August 2012
First Interest Payment Date: 30 September 2012
Maturity Date:               30 September 2014
Last day to register:        By 17h00 on 24 September, 25 December, 25
                             March and 24 June of each year until the
                             Maturity Date
Books Close:                 25 September, 26 December, 26 March and 25
                             June of each year until the Maturity Date
Interest Payment Date(s):    30 September, 31 December, 31 March and 30
                             June of each year until the Maturity Date
ISIN:                        ZAG000099276
Business Day Convention:     Modified Following Business Day


Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited


The Notes will be immobilised in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.

Any prospective purchaser of the note should contact Rand Merchant
Bank for details of the terms of the note. In this regard,
prospective purchasers should be aware that:
1. The note issued is subject to the terms and conditions of the
pricing supplement agreed between the Issuer and the subscriber(s)
for the note and the Terms and Conditions of the Notes as set out in
the Programme Memorandum dated 16 April 2008 in respect of the
Issuer’s Note Programme;

2. The performance of each note issued is linked to the performance
of an underlying third party entity and/or obligation stipulated in
the pricing supplement in respect of the note and accordingly, as the
prospective purchaser will assume credit exposure to both the Issuer
and such entity and/or obligation, the note is only suitable for
purchase by financially sophisticated investors after conducting all
relevant independent investigations. The risks pertaining to credit-
linked notes generally are more fully set out in the Programme
Memorandum. Copies of the Programme Memorandum are available from
the Issuer.


17 August 2012

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 17/08/2012 01:09:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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