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DENEL SOC LIMITED - New Financial Instrument DENG71

Release Date: 29/08/2017 15:28
Code(s): DENG71     PDF:  
Wrap Text
New Financial Instrument DENG71

DENEL SOC LIMITED

Stock Code:          DENG71
ISIN Code:           ZAG000146473


New Financial Instrument Listing Announcement

The JSE has granted a listing to Denel SOC Limited DENG71 under the
Denel SOC Limited ZAR3,000,000,000 Domestic Medium Term Note
Programme on the Interest Rate Market with effect from 29th August
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                                     DENG71
Nominal Issued                                R 1,002,000,000.00
Issue Price                                   100%
Coupon                                        9.05% (3 Month JIBAR as at 28 Aug
                                              2017 of 7.05% plus 200 bps)
Coupon Rate Indicator                         Floating
Trade Type                                    Price
Final Maturity Date                           4 September 2017
Books Closed Date(s)                          30 August 2017
Interest Payment Date(s)                      4 September 2017
Last Day to Register                          By 17:00 on 29 August 2017
Issue Date                                    29 August 2017
Date Convention                               Modified Following
Interest Commencement Date                    29 August 2017
First Interest Payment Date                   4 September 2017
ISIN No.                                      ZAG000146473
Additional Information                        Senior   Unsecured   Floating Rate
                                              Notes

Applicable Pricing Supplement
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/BondDocuments/DENG71%20Pricing%20Su
                                          pplement%2029082017.pdf


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 Note issue please
contact:
Allister Lamont-Smith   Nedbank CIB        +27 11 2944833
Corporate Actions       JSE                +27 11 5207000


29th August 2017

Sponsor: Nedbank Corporate and Investment Banking, a division of
Nedbank Limited.




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Date: 29/08/2017 03:28:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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