Wrap Text
New Financial Instrument Listing Announcement
Grindrod Bank Limited – GBL01
New Financial Instrument Listing Announcement
Stock Code: GBL01
ISIN Code: ZAG000100561
The JSE Limited has granted a listing to Grindrod Bank Limited
– GBL01 under its DMTN Programme dated 18 September 2012.
Authorised Size R1,000,000,000.00
Total Notes in Issue R500,000,000.00
(inclusive of this
issuance of Notes)
Bond Code GBL01
Nominal Issued R500,000,000.00
Coupon 6.8750% (3month JIBAR as at
October 2012 of 5.0750% +
180bps)
Issue Price 100%
Trade Type Price
Coupon Rate Indicator Floating
Maturity Date 15 October 2015
Interest Dates 15 January, 15 April, 15 July a
15 October in each year until t
maturity date
Books Close 5 January, 5 April, 5 July and
October in each year until t
Maturity Date
Last day to register By 17:00 on 4 January, 4 April,
July and 4 October
First Settlement Date 15 October 2012
ISIN No. ZAG000100561
Business Date Convention Modified Following
Joint Lead Arrangers Nedbank Capital, a division
Nedbank Limited and Grindrod
Bank Limited.
The note will be immobilised in the Central Securities
Depository (“CSD”) and settlement will take place
electronically in terms of JSE Rules.
For further information on the Notes issued please contact:
Gareth Stobie Grindrod Bank 011 459 1866
Kim Hertzberger Grindrod Bank 031 333 6671
Wayne Frank Nedbank Capital 011 535 4027
15th October 2012
Sponsor
Nedbank Capital a division of Nedbank Limited, an Authorised
Financial Services Provider.
Date: 15 October 2012 16:00 Produced by the JSE SENS
Department. The SENS service is an information dissemination
service administered by the JSE Limited (`JSE`). The JSE does
not, whether expressly, tacitly or implicitly, represent,
warrant or in any way guarantee the truth, accuracy or
completeness of the information published on SENS. The JSE,
their officers, employees and agents accept no liability for
(or in respect of) any direct, indirect, incidental or
consequential loss or damage of any kind or nature, howsoever
arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Date: 15/10/2012 04:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.