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SYNTHESIS FUNDING LIMITED - New Financial Instrument Listing - SY1287

Release Date: 25/02/2016 14:38
Code(s): SY1287     PDF:  
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New Financial Instrument Listing - SY1287

Synthesis Funding Limited
JSE Code:   SY1287
ISIN No:    ZAG000133992

The JSE Limited has granted a listing to Synthesis Funding Limited
(“Synthesis”) under a Revolving Asset Backed Commercial Paper
(“CP”) Program, sponsored by Nedbank Limited (“Nedbank”).

INSTRUMENT TYPE: Floating Rate Note

Authorised Programme size     R 15 000 000 000.00
Total Notes Issued            R 2 721 000 000.00
Bond Code                     SY1287
Nominal Issued                R 300 000 000.00
Issue Price                   100%
Coupon Indicator              Floating
Coupon                        7.742% (3 Month JIBAR as at 25 Feb 2016
                              of 6.992% plus 75 bps)
Trade Type                    Price
Final Maturity Date           26 August 2016
Books Close                   21 May 2016 and 21 August 2016
Interest Date(s)              26 May 2016 and 26 August 2016
Last day to register          By 17h00 on 20 May 2016 and 20 Aug 2016
Issue Date                    26 February 2016
Day Convention                Following
Interest Commencement Date    26 February 2016
First Interest Date           26 May 2016
ISIN No.                      ZAG000133992

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

25 February 2016

Sponsor
Nedbank CIB a division of Nedbank Limited

Date: 25/02/2016 02:38:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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