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MERCEDES-BENZ SOUTH AFRICA LIMITED - Listing of New Floating Rate Notes MBP053 and MBP054

Release Date: 07/11/2023 14:45
Code(s): MBP053 MBP054     PDF:  
Wrap Text
Listing of New Floating Rate Notes – MBP053 and MBP054

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")
("Mercedes-Benz Group AG" or "the Guarantor")

Listing of New Floating Rate Notes – MBP053 and MBP054

The JSE Limited has granted Mercedes-Benz the listing of its Senior Unsecured Floating Rate Notes,
in terms of its amended and restated Domestic Medium Term Note Programme ("the Programme")
dated 24 June 2021, as guaranteed by Mercedes-Benz Group AG, with effect from 8 November 2023.

INSTRUMENT TYPE:                          FLOATING RATE NOTE


Bond Code                                 MBP053
Nominal Issued                            R500,000,000
Issue Price                               100%
Coupon                                    3 Month JIBAR as at 3 November 2023 plus 70bps
Coupon Rate Indicator                     Floating
Trade Type                                Price
Final Maturity Date                       8 November 2024
Books Close Date                          29 January 2024, 28 April 2024, 29 July 2024, 29 October 2024
Interest Payment Date(s)                  8 February 2024, 8 May 2024, 8 August 2024, 8 November
                                          2024
Last Day to Register                      By 17:00 on 28 January 2024, 27 April 2024, 28 July 2024, 28
                                          October 2024
Issue Date                                8 November 2023
Date Convention                           Following
Interest Commencement Date                8 November 2023
First Interest Payment Date               8 February 2024
ISIN No.                                  ZAG000200650
Additional Information                    Senior Unsecured

INSTRUMENT TYPE:                      FLOATING RATE NOTE


Bond Code                             MBP054
Nominal Issued                        R1,000,000,000
Issue Price                           100%
Coupon                                3 Month JIBAR as at 8 November 2023 plus 90bps
Coupon Rate Indicator                 Floating
Trade Type                            Price
Final Maturity Date                   8 November 2026
Books Close Date                      29 January, 28 April, 29 July, 29 October
Interest Payment Date(s)              8 February, 8 May, 8 August, 8 November
Last Day to Register                  By 17:00 on 28 January, 27 April, 28 July, 28 October
Issue Date                            8 November 2023
Date Convention                       Following
Interest Commencement Date            8 November 2023
First Interest Payment Date           8 February 2024
ISIN No.                              ZAG00200668
Additional Information                Senior Unsecured



Further details of each of these notes may be obtained from the Applicable Pricing Supplement
applicable thereto which can be viewed at or downloaded from the Issuer's or JSE's websites:
www.mercedes-benzsa.co.za
www.jse.co.za

Menlyn Maine
7 November 2023
Debt Sponsor: The Standard Bank of South Africa Limited
jsesponsor@standardbank.co.za

Date: 07-11-2023 02:45:00
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