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INDUSTRIAL DEVELOPMENT CORPORATION OF SOUTH AFRICA LIMITED - New Financial Instruments Listing and Tap Issue -IN02

09 November 2018 - 14:30 PM
IDCG11 IDCG14 IDCG15 IDCG16
New Financial Instruments Listing and Tap Issue -IN02

Industrial Development Corporation of South Africa limited
(Incorporated in the Republic of South Africa)
(Registration No. 1940/014201/06)
Issuer code: IN02
Instrument code: IDCG11 ISIN: ZAG000141037
Instrument code: IDCG14 ISIN: ZAG000155359
Instrument code: IDCG15 ISIN: ZAG000155367
Instrument code: IDCG16 ISIN: ZAG000155375
(?IDC?)


New Financial Instruments Listing and Tap Issue Announcement


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:



  Bond Code                IDCG14

  Nominal Issued           R 222,000,000.00
  Issue Price              100%
  Coupon                   8.317% (3 Month JIBAR as at 07 November
                           2018 of 7.017% plus 130bps)
  Coupon Rate Indicator    Floating
  Trade Type               Price
  Final Maturity Date      12 November 2021
  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               12 November 2018
  Date Convention          Following
  Interest Commencement
  Date                     12 November 2018
  First Interest Payment
  Date                     12 February 2019

  ISIN No.                 ZAG000155359
  Additional Information   Senior Unsecured Floating Rate Notes




 Bond Code                IDCG15

 Nominal Issued           R 1,377,000,000.00
 Issue Price              100%
 Coupon                   8.717% (3 Month JIBAR as at 07 November
                          2018 of 7.017% plus 170bps)
 Coupon Rate Indicator    Floating
 Trade Type               Price
 Final Maturity Date      12 November 2023
 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               12 November 2018
 Date Convention          Following
 Interest Commencement
 Date                     12 November 2018
 First Interest Payment
 Date                     12 February 2019
 ISIN No.                 ZAG000155367
 Additional Information   Senior Unsecured Floating Rate Notes




 Bond Code                  IDCG16

 Nominal Issued             R 340,000,000.00
 Issue Price                100%
 Coupon                     8.917% (3 Month JIBAR as at 07 November
                            2018 of 7.017% plus 190bps)
 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                 12 November 2018
 Date Convention            Following
 Interest Commencement
 Date                       12 November 2018
 First Interest Payment
 Date                       12 February 2019
 ISIN No.                   ZAG000155375
 Additional Information     Senior Unsecured Floating Rate Notes




 Bond Code                  IDCG11

 Tap Amount                 R 308,000,000.00
 Total Amount Following
 Tap Issue                  R 417,000,000.00

 Nominal Issued             R 308,000,000.00
 Issue Price                101.27089%
 Coupon                     10.80%
 Coupon Rate Indicator      Fixed
 Trade Type                 Yield
 Final Maturity Date        5 December 2026
 Books Close                31 May, 30 November
 Interest Date(s)           5 June, 5 December
 Last Day to Register       By 17h00 on 30 May, 29 November
 Issue Date                 12 November 2018
 Date Convention            Following
 Interest Commencement
 Date                       5 June 2018
 First Interest Date        5 December 2018
 ISIN No.                   ZAG000141037
 Additional Information     Senior Unsecured Fixed Rate Notes




Johannesburg
9 November 2018

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 09/11/2018 03:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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