| Fri 2 Jun 2017, 9:00 | | GRINDROD BANK LIMITED - Grindrod Bank Ltd: GBL02 Tap Issue |
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GBL02 201706020021A
Grindrod Bank Ltd: GBL02 Tap Issue
Grindrod Bank Limited Reg no 1994/007994/06
Incorporated in the Republic of South Africa
JSE Code: GBL02
ISIN No: ZAG000130352
Tap Issue of note GBL02
The JSE Limited has granted a listing to Grindrod Bank Limited on the
Interest rate market with effect from 2 June 2017 under their
Domestic Medium-term Note Programme dated 18 September 2012.
INSTRUMENT TYPE: Senior Unsecured Floating Rate Notes
Authorised Programme size R1 000,000,000.00
Total notes issued(incl) R260,000,000.00
Bond code GBL02
Nominal issued R100,000,000.00
Trade type Price
Issue Price 101.57538
Tap Issue Date 2 June 2017
Reference rate 3 month Jibar
Coupon 220bps added to the reference rate
Maturity date 15 October 2018
Interest commencement date 15 October 2015
Interest dates 15 January, 15 April, 15 July and
15 October
Books closed period 5 January, 5 April, 5 July and
5 October
Last day to register by 17h00 on 4 January, 4 April, 4 July, and
4 October
ISIN ZAG000130352
Dealer Nedbank CIB
The Notes will be immobilized in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Date 2 June 2017
Sponsor: Nedbank Corporate and Investment Bank (CIB), a division of
Nedbank Limited (“Nedbank”)
Date: 02/06/2017 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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