| Fri 20 Mar 2015, 17:40 | | RAND WATER BOARD - Tap Issue Announcement - RW23 |
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RW23 201503200057A
Tap Issue Announcement - RW23
RAND WATER BOARD
(Rand Water is established in terms of the Water Services Act,
1997 (the ?Act?). The Government of the Republic of South
Africa, through the Department of Water and Sanitation and duly
represented by the Minister of Water and Sanitation, is the sole
shareholder of Rand Water. In terms of the Act, Rand Water's
primary activity is the provision of bulk water supply services
(potable bulk water and sanitation services) within the
predetermined service area.)
Instrument code: RW23
ISIN: Z AG000111246
Dated: 20 March 2015
(?Rand Water?)
Tap Issue Announcement
The JSE Limited has granted Rand Water a tap issue in respect of
9.51% Senior Unsecured Fixed Rate Notes under its Domestic
Medium Term Note Programme dated 9 December 2010, as amended
and/or supplemented from time to time.
Full Note details are as follows:
Authorised Programme size R5,000,000,000.00
Stock Code: RW23
Aggregate Nominal Amount: Series: ZAR 536,000,000.00
Aggregate Nominal Amount: Tranche: ZAR 201,000,000.00
Coupon Indicator: Fixed Rate
Fixed Interest Rate: 9.51%
Issue Price: 100% of the aggregate Nominal
Amount of the Additional RW23
Notes plus a premium equal to
the Accrued Interest
Maturity Date: 10 December 2023
First Interest Payment Date: 10 June 2015
Interest Payment Dates: 10 June and 10 December in
each year up to and including
the Maturity Date
Books Close: The Register will be closed
from 31 May to 9 June and
from 30 November to 9
December in each year until
the Maturity Date
Last day to register: by 17h00 on 30 May and 29
November of each year
Interest Commencement Date: 10 December 2013
Issue Date/Settlement: 23 March 2015
Notes will be deposited in the Central Depository (?CSD?) and
settlement will take place electronically in terms of JSE Rules.
Johannesburg
20 March 2015
Debt Sponsor
The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Alexi Contogiannis SBSA (011) 721 8003
Lucky Ncobela Rand Water (011) 682 0318
Rand Water information:
522 Impala Road, Glenvista, 2058, Johannesburg, Gauteng, South
Africa
PO Box 1127, Johannesburg, 2000
Tel: +27 11 682 0318
Fax: +27 11 682 0673
www.randwater.co.za
Date: 20/03/2015 05:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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