| Mon 15 Sep 2014, 17:25 | | LAND & AGRICULTURAL DEV BANK OF SA - Tap Issue of R252 000 000 - LBK05 |
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LBK05 201409150046A
Tap Issue of R252,000,000 - LBK05
LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA
Dated: 15 September 2014
Stock Codes:
LBK05 – ZAG000113572
Tap Issue Announcement
The JSE Limited has granted a tap issue to the Land and
Agricultural Development Bank of South Africa – “LBK05” Senior
Unsecured Notes under its Domestic Medium Term Note Programme.
Full Note details are as follows:
Authorised Programme size R10,000,000,000.00
Total notes in issue R4,318,000,000.00
Bond Code: LBK05
Aggregate Nominal Amount: ZAR252,000,000.00
Coupon Indicator: Floating Rate
Trade Type Price
Floating Interest Rate 3 Month JIBAR plus 153 bps
Issue Price: 99.938597%
Maturity Date: 28 February 2019
First Interest Payment Date: 28 November 2014
Interest Payment Dates: 28 February, 28 May, 28
August and 28 November of
each year until the Maturity
Date
Books Close: the period from and including
18 February to 27 February,
18 May to 27 May, 18 August
to 27 August and 18 November
to 27 November of each year
Last day to register: By 17h00 on 26 February, 26
May, 26 August and 26
November of each year
Interest Commencement Date: 28 August 2014
Settlement Date: 16 September 2014
Placement Agent: RMB and ABSA
Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
For Further information on the Note issued please contact:
Alexi Contogiannis SBSA (Sponsor) (011) 721 8003
Date: 15/09/2014 05:25:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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