| Tue 3 Sep 2019, 15:21 | | Tap Issue DVF24 |
|
Tap Issue DVF24:
Development Bank of Southern Africa Limited
Registration number : 1600157FN
("DBSA" or the "Issuer")
Stock Code: DVF24
ISIN Code: ZAG000147638
New Financial Instrument Listing Announcement:
The JSE Limited has granted a listing to DEVELOPMENT BANK OF
SOUTHERN AFRICA on Interest Rate Market with effect from 03
September 2019.
INSTRUMENT TYPE: FLOATING RATE NOTE
Tap Amount R 600,000,000.00
Total Amount Following Tap Issue R 838,000,000.00
Bond Code DVF24
Nominal Issued R 600,000,000.00
Issue Price 102,440972%
Coupon 8.63% (3 Month JIBAR as at
23 July 2019 of 6.85% plus
178 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 23 October 2024
Books Close Date(s) 13 January, 13 April, 13
July, 13 October
Interest Payment Date(s) 23 January, 23 April, 23
July, 23 October
Last Day to Register By 17:00 on 12 January, 12
April, 12 July, 12 October
Issue Date 3 September 2019
Date Convention Following
Interest Commencement Date 23 July 2019
First Interest Date 23 January 2018
ISIN No. ZAG000147638
Additional Information Senior Unsecured Floating
Rate Notes
Additional terms and N/A
conditions
The note will be dematerialised in the Central Securities
Depository ("CSD") and settlement will take place
electronically in terms of JSE Rules. For further information
on the Note issue please contact:
Denzil Michel Bagley Nedbank +27 11 2947997
Corporate Actions JSE +27 11 5207000
03 September 2019
Sponsor: Nedbank Corporate and Investment Bank, a division of
Nedbank Limited
Date: 03/09/2019 03:22:00
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