| Thu 17 May 2018, 13:01 | | LAND & AGRICULTURAL DEV BANK OF SA - LBK27-Tap Issue |
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LBK27 201805170040A
LBK27-Tap Issue
LAND AND AGRICULTURAL DEVELOPMENT BANK OF SOUTH AFRICA
(“the Issuer””)
LBK27 TAP ISSUE
INSTRUMENT TYPE: FLOATING RATE NOTE
Tap Amount R 750,000,000.00
Total Amount Following Tap Issue R 2,020,000,000.00
Bond Code LBK27
Nominal Issued R 750,000,000.00
Issue Price 101.42301%
Coupon 9.275% (3 Month JIBAR as at 19 March 2018
of 7.125% plus 215bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 23 March 2023
Books Close Date(s) 13 March, 13 June, 13 September, 13 December
Interest Payment Date(s) 23 March, 23 June, 23 September, 23 December
Last Day to Register 12 March, 12 June, 12 September, 12 December
Issue Date 18 May 2018
Date Convention Following
Interest Commencement Date 23 March 2018
First Interest Date 23 June 2018
ISIN No. ZAG000150335
Additional Information Senior Unsecured Floating Rate Notes
Pursuant to paragraph 4.16(b) of the JSE Debt Listings Requirements,
noteholders are advised that there was no material change in the
issuer’s financial or trading position since the end of the last
financial period.
Noteholders are also advised that the Pricing Supplement does not
contain any additional terms and conditions or changes to the terms
and conditions under the Programme Memorandum.
17 May 2018
Debt Sponsor
The Standard Bank of South Africa Limited
For further information on the notes issuance please contact:
Kea Sape SBSA (011) 721 5594
Date: 17/05/2018 01:01:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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