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JSE Sens

BID16 BID17 - Listing of New Financial Instruments

2022/06/23 10:48:00

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                    BID16 BID17 - Listing of New Financial Instruments

Bidvestco Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1966/011512/06)
Company code: BIBIDV
LEI: 3789004678BDF4374378
Bond code: BID16 ISIN: ZAG000187253
Bond code: BID17 ISIN: ZAG000187170


The JSE Limited has granted Bidvestco the listing of its BID16 and BID17 Senior Unsecured Floating Rate Notes,
in terms of its Domestic Medium Term Note and Commercial Paper Programme (“the Programme”) dated
6 April 2021, as guaranteed by The Bidvest Group Limited, effective 24 June 2022.

Debt Security Code:                         BID16
ISIN:                                       ZAG000187253
Nominal Issued:                             ZAR 456 000 000.00
Coupon Rate:                                3 Month JIBAR plus 120 basis points
Maturity Date:                              24 June 2025

Debt Security Code:                         BID17
ISIN:                                       ZAG000187170
Nominal Issued:                             ZAR 626 000 000.00
Coupon Rate:                                3 Month JIBAR plus 139 basis points
Maturity Date:                              24 June 2027

Type of Debt Security:                      Floating Rate Notes
Issue Date:                                 24 June 2022
Issue Price:                                100%
Interest Commencement Date:                 24 June 2022
Interest Determination Date(s):             The first Business Day of each Interest Period, with the first
                                            Interest Determination Date being 21 June 2022
First Interest Payment Date:                24 September 2022
Interest Payment Date(s):                   24 September, 24 December, 24 March and 24 June of each year
                                            until the Redemption Date
Last Day to Register:                       By 17h00 on 13 September, 13 December, 13 March and 13 June
                                            in each year until the Redemption Date
Books Close:                                14 September, 14 December, 14 March and 14 June in each year
                                            until the Redemption Date
Final Maturity Amount:                      100% of the Principal Amount
Business Day Convention:                    Following Business Day
Other:                                      The pricing supplements do not contain additional terms and
                                            conditions or changes to the terms and conditions as contained in
                                            the Programme
Summary of Additional Terms:                Not Applicable
Programme Amount:                           ZAR 12 000 000 000.00
Total Notes in Issue Under Programme:       ZAR 4 364 000 000.00, exclusive of these issuances of Notes
Dealer:                                     Absa Bank Limited, acting through its Corporate and Investment
                                            Banking division

23 June 2022

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 23-06-2022 10:48:00
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