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DEVELOPMENT BANK OF SOUTHERN AFRICA - DV23 - Listing of Tap Issue

Release Date: 15/02/2023 17:25
Code(s): DV23     PDF:  
Wrap Text
DV23 - Listing of Tap Issue

Development Bank of Southern Africa Limited
(reconstituted and incorporated in terms of section 2 of the Development Bank of Southern Africa Act,
1997)
Registration number: 1600157FN
JSE company code: DIDBS
LEI code: 25490071AZ4HOFUNIH94
Bond Code: DV23                  ISIN: ZAG000019779
(“DBSA” or the “Bank”)


LISTING OF TAP ISSUE

The JSE Limited has granted DBSA the additional listing of its Senior Unsecured Fixed Rate Notes, in
terms of its Domestic Medium Term Note Programme memorandum dated 21 January 2008 (the “2008
Programme”), effective 16 February 2023.

Type of Debt Security:                      Fixed Rate Notes

Debt Security Code:                         DV23
ISIN:                                       ZAG000019779
Nominal Before Issue:                       ZAR 4 996 460 610.00
Nominal Issued:                             ZAR 400 000 000.00
Nominal After Issue:                        ZAR 5 396 460 610.00
Issue Date:                                 16 February 2023
Issue Price:                                100%
Coupon Rate:                                10% per annum payable semi-annually in arrear
Interest Commencement Date:                 27 August 2022
First Interest Payment Date:                27 February 2023
Interest Payment Date(s):                   27 February and 27 August of each year to and including
                                            the Maturity Date
Last Day to Register:                       By 17h00 on 16 February and 16 August of each year until
                                            the Maturity Date
Books Close:                                17 February and 17 August of each year until the Maturity
                                            Date
Maturity Date:                              27 February 2023
Business Day Convention:                    Following Business Day
Final Maturity Amount:                      100% of the Aggregate Principal Amount
Other:                                      The pricing supplement does not contain additional terms
                                            and conditions to the terms and conditions as contained in
                                            the 2008 Programme
Summary of Additional Terms:                Not applicable
Programme Amount:                           ZAR 80 000 000 000.00
Total Notes in Issue Under Programme:       ZAR 21 772 460 610.00 exclusive of this issuance
                                            of notes
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank Limited




15 February 2023

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

Date: 15-02-2023 05:25:00
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