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BIDVESTCO LIMITED - BID09, BID10 and BID11 - Listing of New Financial Instruments

Release Date: 14/11/2018 13:00
Code(s): BID09 BID10 BID11     PDF:  
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BID09, BID10 and BID11 - Listing of New Financial Instruments

Bidvestco Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1966/011512/06)
Company code: BIBIDV
Bond code: BID09 ISIN: ZAG000155151
Bond code: BID10 ISIN: ZAG000155144
Bond code: BID11 ISIN: ZAG000155136
(“Bidvestco”)

LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE Limited has granted Bidvestco the listing of its Senior Unsecured Fixed and Floating Rate Notes, in
terms of its Domestic Medium Term Note and Commercial Paper Programme (“the Programme”) dated 13
June 2017, as guaranteed by The Bidvest Group Limited, effective 15 November 2018.


Debt Security Code:                         BID09
Type of Debt Security:                      Floating Rate Notes
ISIN:                                       ZAG000155151
Nominal Issued:                             ZAR 568 000 000.00
Coupon Rate:                                3 Month JIBAR plus 123 basis points
Maturity Date:                              15 November 2021

Debt Security Code:                         BID10
Type of Debt Security:                      Floating Rate Notes
ISIN:                                       ZAG000155144
Nominal Issued:                             ZAR 543 000 000.00
Coupon Rate:                                3 Month JIBAR plus 140 basis points
Maturity Date:                              15 November 2023

Interest Determination Date(s):             15 February, 15 May, 15 August and 15 November of each year
                                            until maturity, with the first interest determination date being 12
                                            November 2018
First Interest Payment Date:                15 February 2019
Interest Payment Date(s):                   15 February, 15 May, 15 August and 15 November of each year
                                            until maturity
Last Day to Register:                       By 17h00 on 4 February, 4 May, 4 August and 4 November of each
                                            year until maturity
Books Close:                                5 February, 5 May, 5 August and 5 November of each year until
                                            maturity

Debt Security Code:                         BID11
Type of Debt Security:                      Fixed Rate Notes
ISIN:                                       ZAG000155136
Nominal Issued:                             ZAR 200 000 000.00
Coupon Rate:                                9.60%
First Interest Payment Date:                15 May 2019
Interest Payment Date(s):                   15 May and 15 November of each year until maturity
Last Day to Register:                       By 17h00 on 4 May and 4 November of each year until
                                            maturity
Books Close:                                5 May and 5 November of each year until maturity
Maturity Date:                              15 November 2023

Issue Date:                                 15 November 2018
Issue Price:                                100%
Interest Commencement Date:                 15 November 2018
Business Day Convention:                    Following Business Day
Final Maturity Amount:                      100% of Aggregate Nominal Amount
Other:                                      The pricing supplements do 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 9 000 000 000.00
Total Notes in Issue Under Programme:       ZAR 2 250 000 000.00, exclusive of this issuance of notes
Dealer:                                     FirstRand Bank Limited, acting through its Rand Merchant Bank
                                            division


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


14 November 2018

Debt Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)
Think Precinct, 1 Merchant Place
Cnr Fredman Drive & Rivonia Road
Sandton 2196, South Africa
P O Box 786273, Sandton, 2146, South Africa

Date: 14/11/2018 01:00:00 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.

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