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SG ISSUER - Issue of ZAR 40,000,000 credit linked notes under the 125,000,000,000 debt instruments issuance programme

Release Date: 22/01/2016 16:15
Code(s): SGI004     PDF:  
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Issue of ZAR 40,000,000 credit linked notes under the € 125,000,000,000 debt instruments issuance programme

                                      SG Issuer (“the Issuer”)
                                   Incorporated in Luxembourg


                  Issue of ZAR 40,000,000 Credit Linked Notes due on 10/01/2021
               Under the € 125,000,000,000 Debt Instruments Issuance Programme
         Unconditionally and irrevocably guaranteed by Société Générale (“the Guarantor”)

Long Name: SGI CLN on Crossover S24 Tranche
Short Name: SGI CLNS24
JSE Code: SGI004
Tranche 1, Series 80467EN/16.1
ISIN: ZAG000132218


The Issuer is pleased to announce the issue and listing of the following SGI CLNS24 credit linked
notes (“Notes”) on the Interest Rate Market with effect from 25 January 2016 or as soon as possible
thereafter.

Authorised programme size                        R1 000 000 000
Number of Notes                                  40
Nominal amount of this tranche                   R40 000 000
Aggregate nominal amount of Notes in issue       R40 000 000
after issuance of this tranche
Issue price per Note                             R1 000 000
Issue date                                       25 January 2016
Interest rate (“Reference Rate”)                 3 month JIBAR
Interest payment date                            10th January, 10th April, 10th July, 10th October
                                                 in each year from and including 10th April 2016 to
                                                 and including the Scheduled Maturity Date
Scheduled maturity date (“Scheduled Maturity     10 January 2021
Date”)
Last day to register                             17h00 on every 30th December, 30th March, 29th
                                                 June, 29th September of each year until the
                                                 Scheduled Maturity Date
Books closed period                              The Register will be closed from 31st December to
                                                 9th January and from 31st March to April 9th and
                                                 from 30th June to 9th July and from 30th September
                                                 to 9th October (all dates inclusive) in each year
                                                 and 5 days prior to any redemption date
Interest calculation methodology                 Relevant Proportion of the interest calculation
                                                 amount x (Reference Rate + 5.50%) x Day Count
                                                 Fraction
Relevant proportion (“Relevant Proportion”)      Means the proportion which one Note bears to
                                                 the total number of Notes outstanding
Day count fraction (“Day Count Fraction”)        Actual/365 (fixed)
Interest determination date                      Day beginning of each interest payment date
Final amount payable on maturity (per Note)      Subject to the occurrence or not of Credit Events
                                                 affecting the Reference Portfolio, as disclosed and
                                                 explained in the APS, the final amount payable on
                                                 maturity (per Note) is Issue Price x 100%


Neither of the total authorised amount of the Debt Instruments Issue Programme (€125,000,000), or
the total authorised amount for the South African Notes (ZAR1,000,000,000) have been exceeded.

22 January 2016



Debt Sponsor

Questco (Pty) Ltd

Date: 22/01/2016 04:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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