| Mon 2 Dec 2024, 13:10 | | New financial instrument listing – GDAA3 |
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New financial instrument listing – GDAA3
Grayston Drive Autos (RF) Limited
(Registration Number 2018/315240/06)
(Incorporated in South Africa with limited liability)
JSE Code: GRDI
("The Company")
New financial instrument listing – GDAA3
The JSE Limited has granted a listing to GRAYSTON DRIVE AUTOS (RF) LIMITED on Interest Rate
Market with effect from 4 December 2024.
INSTRUMENT TYPE: Senior Secured Floating Rate Notes
Debt security code GDAA3
Nominal Issued R600,000,000.00
Issue Price R600,000,000.00
Reference Rate 3 Month JIBAR
Initial Rate Reference Rate plus 1.05% per annum
Scheduled Maturity Date/ Step-up Date 20 July 2028
Step-up Rate Reference Rate plus 1.20% per annum
Final Redemption Date 20 July 2038
Books Close 15 October to 20 October, from 15 January to 20
January, from 15 April to 20 April and from 15 July
to 20 July (all days inclusive)
Interest Payment Date(s) 20 October, 20 January, 20 April and 20 July of
each calendar year or if such day is not a Business
Day, the Business Day on which the interest will be
paid, as determined in accordance with the
applicable Business Day Convention (as specified
in item 9 of this Applicable Pricing Supplement),
provided that the first Interest Payment Date shall
be 20 January 2025.
Rate Determination Date Issue Date
Last Day to Register By 17h00 on the Business Day immediately
preceding the first day of a Book Closed Period
Issue Date 4 December 2024
Date Convention Following
Interest Commencement Date 4 December 2024
First Interest Payment Date 20 January 2025
ISIN No. ZAG000210790
Aggregate Nominal Amount of Notes R1,500,000,000.00
Outstanding in the Sub-Series after this
issuance
Investors should study the Applicable Pricing Supplement for full details of the terms and conditions
applicable to these Notes.
2 December 2024
Debt Sponsor:
Investec Bank Limited
Date: 02-12-2024 01:10:00
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