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MERCEDES-BENZ SOUTH AFRICA LIMITED - MBP051-New Financial Instrument Listing

Release Date: 11/03/2020 10:19
Code(s): MBP051     PDF:  
Wrap Text
MBP051-New Financial Instrument Listing

Mercedes-Benz South Africa Limited 
(Incorporated in the Republic of South Africa) 
(Registration No.
1962/000271/06)

Bond Issuer code: MEC

(“Mercedes-Benz” or “the Issuer”) (“ The Guarantor” or “Daimler AG”)



The JSE Limited has granted a listing to MERCEDES-BENZ SOUTH AFRICA LIMITED on Interest Rate
Market with effect from 12 March 2020.



Instrument Type:                       Floating Rate Note



Bond Code                              MBP051

Nominal Issued                         R 3,500,000,000.00

Issue Price                            100%

Coupon                                 7.555 % (3 Month JIBAR as at 09 Mar 2020 of 6.475% plus 108
                                       bps)

Coupon Rate Indicator                  Floating

Trade Type                             Price

Final Maturity Date                    12 March 2023

Books Close                            2 March, 2 June, 2 September, 2 December

Interest Payment Date(s)               12 March, 12 June, 12 September, 12 December

Last Day to Register                   By 17:00 on 1 March, 1 June, 1 September, 1 December

Issue Date                             12 March 2020

Date Convention                        Following

Interest Commencement Date             12 March 2020

First Interest Payment Date            12 June 2020

ISIN No.                               ZAG000166836

Additional Information                 Senior, Unsecured


Centurion

11 March 2020

Debt Sponsor: The Standard Bank of South Africa Limited

debtsponsor@standardbank.co.za

Date: 11-03-2020 10:19:00
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