To view the PDF file, sign up for a MySharenet subscription.

DISCOVERY LIMITED - DSY01 and DSY02 - Listing of New Financial Instrument

Release Date: 20/11/2017 17:05
Code(s): DSY01 DSY02     PDF:  
Wrap Text
DSY01 and DSY02 - Listing of New Financial Instrument

Discovery Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1999/007789/06)
Company code: DSYI
Bond code: DSY01 ISIN: ZAG000148362
Bond code: DSY02 ISIN: ZAG000148347
(“Discovery”)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted Discovery approval for the listing of its Senior Unsecured Floating Rate Notes, in
terms of its Domestic Medium Term Note Programme (“the Programme”) dated 14 November 2017, as
guaranteed by Discovery Health Proprietary Limited and Discovery Vitality Proprietary Limited, effective 21
November 2017.


Debt Security Code:                         DSY01
ISIN:                                       ZAG000148362
Type of Debt Security:                      Floating Rate Notes
Nominal Issued:                             ZAR 500 000 000.00
Issue Date:                                 21 November 2017
Issue Price:                                100%
Coupon Rate:                                8.677% (3 Month JIBAR as at 16 November 2017 of 7.067% plus
                                            161 bps)
Interest Commencement Date:                 21 November 2017
Interest Determination Dates:               21 February, 21 May, 21 August and 21 November, with the first
                                            interest determination date being 16 November 2017
First Interest Payment Date:                21 February 2018
Interest Payment Dates:                     21 February, 21 May, 21 August and 21 November of each year
                                            until maturity
Last Day to Register:                       By 17h00 on 10 February, 10 May, 10 August and 10 November of
                                            each year until maturity
Books Close:                                11 February, 11 May, 11 August and 11 November of each year
                                            until maturity
Business Day Convention:                    Following Business Day
Maturity Date:                              21 November 2022
Final Maturity Amount:                      100% of the Aggregate Nominal Amount
Other:                                      The pricing supplement does not contain additional terms and
                                            conditions or changes to the terms and conditions as contained in
                                            the Programme
Summary of Additional Terms:                Not Applicable

Debt Security Code:                         DSY02
ISIN:                                       ZAG000148347
Type of Debt Security:                      Floating Rate Notes
Nominal Issued:                             ZAR 800 000 000.00
Issue Date:                                 21 November 2017
Issue Price:                                100%
Coupon Rate:                                8.977% (3 Month JIBAR as at 16 November 2017 of 7.067%
                                            plus 191 bps)
Interest Commencement Date:                 21 November 2017
Interest Determination Dates:               21 February, 21 May, 21 August and 21 November, with the first
                                            interest determination date being 16 November 2017
First Interest Payment Date:                21 February 2018
Interest Payment Dates:                     21 February, 21 May, 21 August and 21 November of each year
                                            until maturity
Last Day to Register:                       By 17h00 on 10 February, 10 May, 10 August and 10
                                            November of each year until maturity
Books Close:                                11 February, 11 May, 11 August and 11 November of each year
                                            until maturity
Business Day Convention:                    Following Business Day
Maturity Date:                              21 November 2024
Final Maturity Amount:                      100% of the Aggregate Nominal Amount
Other:                                      The pricing supplement does not contain additional terms and
                                            conditions or changes to the terms and conditions as contained in
                                            the Programme
Summary of Additional Terms:                Not Applicable


Programme Amount:                           ZAR 10 000 000 000.00
Total Notes in Issue Under Programme:       As at the date of this issue the Issuer has not issued any notes
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited


The Notes will be immobilised in the Central Securities Depository and settlement will take place electronically
in terms of JSE Rules.

20 November 2017

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 20/11/2017 05:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story