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INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement: IDCG09, IDCG10 and IDCG11

Release Date: 02/12/2016 17:10
Code(s): IDCG09 IDCG10 IDCG11     PDF:  
Wrap Text
New Financial Instrument Listing Announcement: IDCG09, IDCG10 and IDCG11

INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA LIMITED
(Established as a body corporate in terms of section 2 of the
Industrial Development Corporation Act, 1940)

("IDC" or "the company")

Stock Code:   IDCG09
ISIN Code:    ZAG000141011

Stock Code:   IDCG10
ISIN Code:    ZAG000141029

Stock Code:   IDCG11
ISIN Code:    ZAG000141037



New Financial Instrument Listing Announcement: IDCG09, IDCG10
and IDCG11

The JSE Limited has granted a listing to INDUSTRIAL DEVELOPMENT
CORPORATION OF SOUTH AFRICA LIMITED on Interest Rate Market with
effect from 5 December 2016.

Authorised Programme size     R40,000,000,000.00
Total Notes Outstanding       R 9,600,000,000.00



INSTRUMENT TYPE:              FLOATING RATE NOTE

Bond Code                     IDCG09
Nominal Issued                R 383,000,000.00
Issue Price                   100%
Coupon                        8.978% (3 Month JIBAR as at 28
                              Nov 2016 of 7.358% plus 162 bps)
Coupon Rate Indicator         Floating
Trade Type                    Price
Final Maturity Date           5 December 2019
Books Close                   28 February, 31 May, 31 August,
                              30 November
Interest Payment Date(s)      5 March, 5 June, 5 September, 5
                              December
Last Day to Register          By 17:00 on 27 February, 30 May,
                              30 August, 29 November
Issue Date                    5 December 2016
Issue Date                    25 November 2016
Date Convention               Following
Interest Commencement Date    5 December 2016
First Interest Payment Date   5 March 2017
ISIN No.                      ZAG000141011
Additional Information        Senior Unsecured Floating Rate




INSTRUMENT TYPE:              FLOATING RATE NOTE

Bond Code                     IDCG10
Nominal Issued                R 230,000,000.00
Issue Price                   100%
Coupon                        9.108% (3 Month JIBAR as at 28
                              November 2016 of 7.358% plus 175
                              bps)
Coupon Rate Indicator         Floating
Trade Type                    Price
Final Maturity Date           5 December 2021
Books Close Date(s)           28 February, 31 May, 31 August,
                              30 November
Interest Payment Date(s)      5 March, 5 June, 5 September, 5
                              December
Last Day to Register          By 17:00 on 27 February, 30 May,
                              30 August, 29 November
Issue Date                    5 December 2016
Date Convention               Following
Interest Commencement Date    5 December 2016
First Interest Payment Date   5 March 2017
ISIN No.                      ZAG000141029
Additional Information        Senior Unsecured Floating Rate
                              Notes



INSTRUMENT TYPE:              FIXED RATE NOTE

Bond Code                     IDCG11
Nominal Issued                R 109,000,000.00
Issue Price                   100%
Coupon                        10.80%
Coupon Rate Indicator         Fixed
Trade Type                    Yield
Final Maturity Date           5 December 2026
Books Close Date(s)           31 May, 30 November
Interest Payment Date(s)      5 June, 5 December
Last Day to Register          By 17:00 on 30 May, 29 November
Issue Date                    5 December 2016
Date Convention               Following
Interest Commencement Date    5 December 2016
First Interest Payment Date   5 June 2017
ISIN No.                      ZAG000141037
Additional Information        Senior Unsecured Fixed Rate Notes



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


For further information on the Notes issued please contact:


Allister Lamont-Smith Nedbank CIB           (011) 294 4833
Nhlanhla Xulu         IDC                   (011) 269 3959


2 December 2016

Sponsor: Nedbank Corporate and Investment Bank, a division of
Nedbank Limited

Date: 02/12/2016 05:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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