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BANK WINDHOEK LIMITED - New Financial Instrument Listing Announcement BWZJ17?

Release Date: 18/03/2014 11:30
Code(s): BWZJ17     PDF:  
Wrap Text
New Financial Instrument Listing Announcement “BWZJ17”

Bank Windhoek Limited
Incorporated in the Republic of Namibia
Registration Number: 79/081
Stock Code: BWZJ17
ISIN Code:ZAG000110768

New Financial Instrument Listing Announcement “BWZJ17”

The JSE Limited has granted a listing to Bank Windhoek Limited
on the Interest Rate Market with effect from 18 March 2014
under its Note Programme dated 12 November 2013.

INSTRUMENT TYPE:              FLOATING RATE NOTE

Authorised Programme size     R 5,000,000,000.00
Total Notes Outstanding       R   600,000,000.00

Full Note details are as follows:

Bond Code                     BWZJ17
Nominal Issued                R 300,000,000.00
Issue Price                   100%
Coupon                        7.275% (3 Month JIBAR as at 18
                              March 2014 of 5.725% plus 155
                              bps)
Coupon Indicator              Floating
Trade Type                    Price
Maturity Date                 17 March 2017
Books Close                   7 June, 7 September, 7 December,
                              7 March
Interest Payment Date(s)      17   June,   17   September,  17
                              December, 17 March
Last Day to Register          By 17:00 on 6 June, 6 September,
                              6 December, 6 March
Issue Date                    18 March 2014
Date Convention               Following
Interest Commencement Date    18 March 2014
First Interest Payment Date   17 June 2014
ISIN No.                      ZAG000114117
Additional Information        Senior Unsecured Notes

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

18 March 2014

Debt Sponsor
PSG Capital (Pty) Ltd

For further information on the Note issue please contact:

Willie Honeyball        PSG Capital          +27 21 8879602
Brendan Povey           JSE                  +27 11 5207982
Courtney Galloway       JSE                  +27 11 5207603
Diboko Ledwaba          JSE                  +27 11 5207222

Date: 18/03/2014 11:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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