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DENEL SOC LIMITED - New Financial Instrument Listing Announcement

Release Date: 21/09/2018 11:50
Code(s): DENG84 DENG85     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

DENEL SOC LIMITED

Stock Code:      DENG84
ISIN Code:       ZAG000154238

Stock Code:      DENG85
ISIN Code:       ZAG000154246



New Financial Instrument Listing Announcement

The JSE has granted a listing to Denel SOC Limited DENG84 and DENG85
under the Denel SOC Limited ZAR4,000,000,000 Domestic Medium Term
Note Programme on the Interest Rate Market with effect from 21
September 2018.

Authorised Programme size:        R 4,000,000,000.00
Total Notes Outstanding           R 3,031,000,000.00
(Including this issuance):



INSTRUMENT TYPE:                  FLOATING RATE NOTE

Bond Code                         DENG84
Nominal Issued                    R 233,000,000.00
Issue Price                       100%
Coupon                            8.592% (3 Month JIBAR as at 21
                                  September 2018 of 6.992% plus 160
                                  bps)
Coupon Rate Indicator             Floating
Trade Type                        Price
Final Maturity Date               23 September 2019
Books Close Date(s)               13 March, 13 June, 13 September, 13
                                  December
Interest Payment Date(s)          23 March, 23 June, 23 September, 23
                                  December
Last Day to Register              By 17:00 on 12 March, 12 June, 12
                                  September, 12 December
Issue Date                        21 September 2018
Date Convention                   Modified Following
Interest Commencement Date        21 September 2018
First Interest Payment Date       23 December 2018
ISIN No.                          ZAG000154238
Additional Information            Senior   Unsecured   Floating  Rate
                                  Notes
                                  The notes are guaranteed by the
                                  Government of the Republic of South
                                  Africa
Additional Terms and Conditions   N/A
Applicable Pricing Supplement

https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/BondDo
cuments/DENG84%20Pricing%20Supplement%2020180921.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:




INSTRUMENT TYPE:                  FLOATING RATE NOTE

Bond Code                         DENG85
Nominal Issued                    R 30,000,000.00
Issue Price                       100%
Coupon                            9.192% (3 Month JIBAR as at 21
                                  September 2018 of 6.992% plus 220
                                  bps)
Coupon Rate Indicator             Floating
Trade Type                        Price
Final Maturity Date               21 September 2021
Books Close Date(s)               11 March, 11 June, 11 September, 11
                                  December
Interest Payment Date(s)          21 March, 21 June, 21 September, 21
                                  December
Last Day to Register              By 17:00 on 10 March, 10 June, 10
                                  September, 10 December
Issue Date                        21 September 2018
Date Convention                   Modified Following
Interest Commencement Date        21 September 2018
First Interest Payment Date       21 December 2018
ISIN No.                          ZAG000154246
Additional Information            Senior   Unsecured   Floating  Rate
                                  Notes
                                  The notes are guaranteed by the
                                  Government of the Republic of South
                                  Africa
Additional Terms and Conditions   N/A



Applicable Pricing Supplement:
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/BondDo
cuments/DENG85%20Pricing%20Supplement%2020180921.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

21 September 2018

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

Date: 21/09/2018 11:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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