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STEINHOFF SERVICES LIMITED - New Financial Instrument Listing - SHS34

Release Date: 03/11/2017 13:35
Code(s): SHS34     PDF:  
Wrap Text
New Financial Instrument Listing - SHS34

Steinhoff Services Limited
Incorporated in the Republic of South Africa)
(Registration Number 1983/006201/06)
JSE Code: SHS34
ISIN No: ZAG000147984

New Financial Instrument Listing – SHS34

The JSE Limited has granted a listing to Steinhoff Services
Limited – Issue SHS34 of ZAR550,000,000 Senior Unsecured
Floating   Rate   Notes   due  3   November   2022   under its
ZAR15,000,000,000 Domestic Medium Term Note Programme


Instrument type                    Senior   Unsecured   Floating
                                   Rate Notes

Authorised programme size          R15,000,000,000.00

Issuer Price                       R550,000,000.00

Total amount issued under
the Programme                      R7,611,000,000

Bond Code                          SHS34

Nominal Issued per Note            R1,000,000.00

Reference Rate                     3 Month JIBAR

Issue Price                        100%

Margin                             3 month JIBAR as at 31
                                   October 2017 plus 190 bps

Trade Type                         Price

First Interest Payment Date        3 February 2018

Interest Payment Dates             3 February, 3 May, 3 August
                                   and 3 November of each year

Books Closed Period                From   24   January   to   2
                                   February, 23 April to 2 May,
                                   24 July to 2 August and from
                                   24 October to 2 November in
                                   each year
Last day to register                 17h00 on 23 January,          22
                                     April,   23   July   and      23
                                     October of each year

Issue Date                           3 November 2017

Interest Calculation                 Applicable business day
Methodology                          convention which would be
                                     the following business day.

ISIN                                 ZAG000147984



The Notes in this tranche will be issued in dematerialised form
and held in the Central Securities Depository (“CSD”) and
settlement will take place electronically in terms of JSE
Rules.

Date:                  3 November 2017

Debt Sponsor:          The Standard Bank of South Africa Limited

Date: 03/11/2017 01:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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