| Wed 20 Feb 2019, 16:30 | | INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA LIMITED - Tap Issue Announcement IDCG16 |
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IDCG16 201902200050A
Tap Issue Announcement – IDCG16
Industrial Development Corporation of South Africa limited
(Incorporated in the Republic of South Africa)
(Registration No. 1940/014201/06)
Issuer code: IN02
Instrument code: IDCG16 ISIN: ZAG000155375
("IDC")
Tap Issue Announcement – IDCG16
The JSE Limited has granted a listing of financial instruments under
the IDC's Domestic Medium Term Note Programme on the Interest Rate
Market.
Authorised programme size R40,000,000,000.00
Full instrument details are as follows:
INSTRUMENT TYPE: FLOATING RATE NOTE
Tap Amount R 150,000,000.00
Total Amount Following Tap Issue R 490,000,000.00
Bond Code IDCG16
Nominal Issued R 150,000,000.00
Issue Price 100.19440364%
Coupon 9.05% (3 Month JIBAR as at 12 February 2019
of 7.150% plus 190 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 12 November 2025
Books Close Date(s) 7 February, 7 May, 7 August, 7 November
Interest Payment Date(s) 12 February, 12 May, 12 August, 12 November
Last Day to Register By 17:00 on 6 February, 6 May, 6 August, 6
November
Issue Date 20 February 2019
Date Convention Following
Interest Commencement
Date 20 February 2019
First Interest Date 12 February 2019
ISIN No. ZAG000155375
Additional Information Senior Unsecured Floating Rate Notes
Johannesburg
20 February 2019
Debt Sponsor
The Standard Bank of South Africa Limited
Date: 20/02/2019 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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