INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA LIMITED - New Listing and Tap Issuances Announcement IDCG23, IDCG08 and IDCG22

New Listing and Tap Issuances Announcement – IDCG23, IDCG08 and IDCG22

Industrial Development Corporation of South Africa limited
(Incorporated in the Republic of South Africa)
(Registration No. 1940/014201/06)
Issuer code: IN02
Instrument code: IDCG23      ISIN: ZAG000165846
Instrument code: IDCG08      ISIN: ZAG000131368
Instrument code: IDCG22      ISIN: ZAG000165408

(“IDC”)


New Listing and Tap Issuances Announcement – IDCG23, IDCG08 and IDCG22


The JSE Limited has granted a listing of financial instruments under the IDC’s
Domestic Medium Term Note Programme on the Interest Rate Market.

Authorised programme size          R40,000,000,000.00


Full instrument details are as follows:

    INSTRUMENT TYPE:        FLOATING RATE NOTE

    Bond Code                       IDCG23
    Nominal Issued                  R 752,000,000
    Issue Price                     100%
    Coupon                          8.408 % (3 Month JIBAR as at 24 Jan 2020 of
                                    6.588% plus 185 bps)
    Coupon Rate Indicator           Floating
    Trade Type                      Price
    Final Maturity Date             29 January 2027
    Books Close Date                19 January, 19 April, 19 July, 19 October
    Interest Payment Date(s)        29 January, 29 April, 29 July, 29 October
    Last Day to Register            By 17:00 on 18 January, 18 April, 18 July, 18
                                    October
    Issue Date                      29 January 2020
    Date Convention                 Following
    Interest Commencement Date      29 January 2020
    First Interest Payment Date     29 April 2020
    ISIN No.                        ZAG000165846
    Additional Information          Senior, Unsecured
INSTRUMENT TYPE:             FIXED RATE NOTE

Tap Amount                              R 51,000,000.00
Total Amount Following Tap Issue        R 251,000,000.00

Bond Code                      IDCG08

Nominal Issued                 R 51,000,000.00
Issue Price                    112.60441%
Coupon                         11.275%
Coupon Rate Indicator          Fixed
Trade Type                     Yield
Final Maturity Date            13 November 2030
Books Close Date               8 May, 8 November
Interest Date(s)               13 May, 13 November
Last Day to Register           7 May, 7 November
Issue Date                     29 January 2020
Date Convention                Following
Interest Commencement Date     13 November 2015
First Interest Date            13 May 2016
ISIN No.                       ZAG000131368
Additional Information         Senior, Unsecured

INSTRUMENT TYPE:             FLOATING RATE NOTE

Tap Amount                              R 1,239,000,000.00
Total Amount Following Tap Issue        R 1,839,000,000.00

Bond Code                      IDCG22

Nominal Issued                 R 1,239,000,000.00
Issue Price                    101.03382%
Coupon                         8.45% (3 Month JIBAR as at 05 Dec 2019 of 6.8% plus
                               165 bps)
Coupon Rate Indicator          Floating
Trade Type                     Price
Final Maturity Date            18 December 2024
Books Close Date               8 March, 8 June, 8 September, 8 December
Interest Date(s)               18 March, 18 June, 18 September, 18 December
Last Day to Register           By 17h00 on 7 March, 7 June, 7 September, 7 December
Issue Date                     29 January 2020
Date Convention                Following
Interest Commencement Date     18 December 2019
First Interest Date            18 March 2020
ISIN No.                       ZAG000165408
Additional Information         Senior, Unsecured

Johannesburg
28 January 2020

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 28-01-2020 04:35:00
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