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THE SA NATIONAL ROADS AGENCY SOC LTD - HWAY23 and HWAY24-Tap Issues

Release Date: 09/02/2015 13:49
Code(s): HWAY23 HWAY24     PDF:  
Wrap Text
HWAY23 and HWAY24-Tap Issues

THE SOUTH AFRICAN NATIONAL ROADS AGENCY SOC LIMITED
Bond Code: HWAY23
ISIN No: ZAG000075862

Bond Code: HWAY24
ISIN No: ZAG000079153

LISTING OF HWAY23 and HWAY24

The JSE Limited has granted a listing issue to The South African National Roads Agency SOC Limited
“HWAY23 and HWAY24 under its Domestic Medium Term Note Programme dated 30 July 2009 as
amended or restated on or about 14 April 2014, effective from 9 February 2015, the first settlement date.




Authorised Programme size    R31, 910,000,000.00

Total Notes in issue         R 25,715,939,803.00 (following the additional issues)




Additional listing           Total amount in issue following additional issue

R 200,000,000.00             R 2,633,000,000.00



Bond Code                    HWAY23

Nominal Issued               R 200,000,000.00

Issue Price                  279.112550%

Coupon                       5.50%

Trade Type                   Yield

Coupon Rate Indicator        Fixed
Maturity Date                7 December 2023

Interest Commencement Date   7 December 2014

First Interest Date          7 June 2015

Interest Dates               7 June and 7 December until maturity date

Books Close                  28 May and 27 November until maturity date

Last day to register         By 17:00 on 27 May and 26 November

First Settlement date        9 February 2015

Base CPI                     65.0504032258062

ISIN No.                     ZAG000075862

Date Convention              Following Business Day

Additional Information       Senior Unsecured (But guaranteed)




Additional listings          Total amount in issue following additional issue

R 200,000,000.00             R 1,129,000,000.00


Bond Code                    HWAY24
Nominal Issued               R 200,000,000.00
Issue Price                  285.306750%
Coupon                       5.5%
Trade Type                   Yield-to-maturity

Maturity Date                7 December 2024

Interest Commencement Date   7 December 2014

First Interest Date          7 June 2015

Interest Dates               7 June and 7 December until maturity date

Books Close                  28 May and 27 November until maturity date

Last day to register         By 17:00 on 27 May and 26 November

First Settlement Date        9 February 2015

Base CPI                     65.0504032258062

ISIN No                      ZAG000079153

Date Convention              Following Business Day

Additional Information       Senior Unsecured (But guaranteed)




The notes will be immobilised in the Central Securities Depository and settlement will take place electronically
in terms of JSE Rules.


9 February 2015


Debt Sponsor

Absa Bank Limited (acting through its Corporate and Investment Banking division)

Date: 09/02/2015 01:49:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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