JSE Sens

THE SOUTH AFRICAN NATIONAL ROADS AGENCY SOC LIMITED - Listing Of Tap Issue - HWAY35

12 July 2019 - 08:00 AM
HWAY35
Listing Of Tap Issue  - HWAY35

The South African National Roads Agency SOC Limited
Incorporated in the Republic of South Africa
(Registration number 1998/009584/30)
Company code: BINRA
Bond Code: HWAY35
ISIN: ZAG000079161
(SANRAL)

LISTING OF TAP ISSUE  HWAY35

The JSE Limited has granted approval for the listing of a tap issue of HWAY35 Senior Unsecured Fixed
Rate Notes (Tap Issue), under the amended and restated SANRAL ZAR31 910 000 000 Guaranteed
Domestic Medium Term Note Programme dated 13 August 2018 (Programme Memorandum), with
effect from 16 July 2019.

The details pertaining to the listing of a Tap Issue are as follows:

 Instrument Code:                                   HWAY35
 ISIN No:                                           ZAG000079161
 Instrument Type:                                   Senior Unsecured Fixed Rate Notes
 Nominal Amount:                                    ZAR200 000 000.00
 Issue Date:                                        16 July 2019
 Issue Price:                                       94.81163%
 Coupon Rate:                                       9.25% per annum payable semi-annually in arrear
 Coupon Rate Indicator:                             Fixed
 Interest Commencement Date:                        31 January 2019
 Interest Payment Dates:                            31 July and 31 January until the Redemption Date
                                                    or, if such day is not a Business Day, the Business
                                                    Day on which the interest will be paid (subject to the
                                                    applicable Business Day Convention)
 First Interest Payment Date:                       31 July 2019
 Applicable Business Day Convention:                Following Business Day
 Last Day to Register:                              By 17h00 on 20 July and 20 January of each year
                                                    until the Redemption Date
 Books Closed Period:                               21 July to 31 July and from 21 January to
                                                    31 January (all dates inclusive) of each year until the
                                                    Redemption Date
 Redemption Date:                                   31 July 2035
 Final Redemption Amount:                           100%
 Total Notes in Issue:                              ZAR25 763 000 000.00 including this issue
 Additional Terms and Conditions:                   The applicable pricing supplement does not contain
                                                    additional terms and conditions to the terms and
                                                    conditions as contained in the Programme
                                                    Memorandum
 Additional Information:                            Guaranteed by the government of the Republic of
                                                    South Africa

The Notes will be immobilised in the Central Securities Depository and settlement will take place
electronically in terms of JSE Rules.


12 July 2019

Debt Sponsor
One Capital

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