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INGUZA INVESTMENTS (PTY) LIMITED - New Instrument Listing - ING188

Release Date: 18/01/2013 11:45
Code(s): ING188     PDF:  
Wrap Text
New Instrument Listing - ING188

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 ING188
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 7,532,390,986.00 excluding this
                             issuance of Notes

Instrument Code:             ING188
Nominal Issued:              R450,000,000.00
Issue Price:                 100%
Interest Rate for First      5.431% (3 month JIBAR as at 16 January
Interest Period:             2013 of 5.081% plus 35bps)
Interest Rate:               3 month JIBAR on each Interest Reset Date
                             plus 30bps
Coupon Rate Indicator:       Floating
Issue Date:                  18 January 2013
Interest Commencement Date: 18 January 2013
First Interest Payment Date: 01 April 2013
Maturity Date:               01 July 2013
Last day to register:        By 17h00 on 26 March 2013 and 25 June 2013
Books Close:                 27 March 2013 and 26 June 2013
Interest Payment Date(s):    01 April 2013 and 01 July 2013
ISIN:                        ZAG000102518
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.


18 January 2013

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

Date: 18/01/2013 11:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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