Tap issue – HWAY34
The South African National Roads Agency SOC Limited
Incorporated in the Republic of South Africa
(Registration number 1998/009584/30)
Company code: BINRA
(“SANRAL”)
Tap issue – HWAY34
The JSE Limited has granted approval for a tap issue of existing instruments to SANRAL under its Domestic
Medium-Term Note programme dated 13 August 2018.
Authorised programme size: R31 910 000 000.00
Total amount in issue after this issuance: R22 881 000 000.00
Instrument type: Fixed rate
Bond code: HWAY34
Nominal value issued: R485 000 000.00
Issue price: 85.59277%
Fixed coupon: 9.25% per annum
Trade type: Yield
Final maturity date: 31 July 2034
Books closed period: 21 July to 31 July, 21 January to 31 January
Interest payment dates: 31 July and 31 January
Last day to register: By 17:00 on 20 July and 20 January
Issue date: 16 April 2021
Date convention: Following business day
Interest commencement date: 31 January 2021
First interest payment date: 31 July 2021
ISIN: ZAG000070319
Additional information: Senior notes guaranteed by the Government of the
Republic of South Africa but otherwise unsecured
The Applicable Pricing Supplement will be available on SANRAL’s website, www.nra.co.za.
The note relating to the tap issue (“Note”) will be dematerialised in the Central Securities Depository (“CSD”)
and settlement will take place electronically in terms of JSE Rules. For further information on the Note issue
please contact:
Doris Thiele Nedbank Corporate and Investment Banking, a +27 11 2958525
division of Nedbank Limited
15 April 2021
Debt Sponsor
Nedbank Corporate and Investment Bank, a division of Nedbank Limited
Date: 15-04-2021 11:52:00
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