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DENEL SOC LIMITED - New Financial Instrument - DENG67

Release Date: 27/02/2017 17:17
Code(s): DENG67     PDF:  
Wrap Text
New Financial Instrument - DENG67

DENEL SOC LIMITED
Stock Code:   DENG67
ISIN Code:    ZAG000142423


New Financial Instrument Listing Announcement

The JSE Limited has granted a listing to DENEL SOC LIMITED on
Interest Rate Market with effect from 27th March 2017.

Authorised Programme size:    R 3,000,000,000.00
Total Notes Outstanding:      R 2,539,000,000.00

INSTRUMENT TYPE:              FLOATING RATE NOTE

Bond Code                     DENG67
Nominal Issued                R 150,000,000.00
Issue Price                   100%
Coupon                        8.525% (3 Month JIBAR as at 24
                              February 2017 of 7.325% plus
                              120 bps)
Coupon Rate Indicator         Floating
Trade Type                    Price
Final Maturity Date           29 August 2017
Books Close Date(s)           19 May, 19 August
Interest Payment Date(s)      29 May, 29 August
Last Day to Register          By 17:00 on 18 May, 18 August
Issue Date                    27 February 2017
Date Convention               Modified Following
Interest Commencement Date    27 February 2017
First Interest Payment Date   29 May 2017
ISIN No.                      ZAG000142423
Additional Information        Senior Unsecured Floating Rate
                              Notes

Applicable Pricing Supplement
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/Bond
Documents/DENG63%20Pricing%20Supplement%2020160303.PDF

27th February 2017

Sponsor: Nedbank Corporate and Investment Banking

Date: 27/02/2017 05:17:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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