JSE Sens

DENEL SOC LIMITED - New Financial Instrument - DENG92

11 September 2019 - 14:40 PM
DENG92
New Financial Instrument - DENG92

DENEL SOC LIMITED

Stock Code:     DENG92
ISIN Code:      ZAG000162397

New Financial Instrument Listing Announcement

The JSE Limited has granted a listing to DENEL SOC LIMITED on
Interest Rate Market with effect from 11 September 2019.


Authorised Programme size:         R 4,000,000,000.00
Total Notes Outstanding
(Including this issuance):         R 3,264,000,000.00



INSTRUMENT TYPE:                   FLOATING RATE NOTE
Bond Code                          DENG92
Nominal Issued                     R 1,463,000,000.00
Issue Price                        100%
Coupon                             8.558% (3 Month JIBAR as at 06
                                   September 2019 of 6.808% plus 175
                                   bps)
Coupon Rate Indicator              Floating
Trade Type                         Price
Final Maturity Date                11 September 2020
Books Close Date(s)                1 March, 1 June, 1 September, 1
                                   December
Interest Payment Date(s)           11 March, 11 June, 11 September, 11
                                   December
Last Day to Register               By 17:00 on 29 February, 31 May, 31
                                   August, 30 November
Issue Date                         11 September 2019
Date Convention                    Modified Following
Interest Commencement Date         11 September 2019
First Interest Payment Date        11 December 2019
ISIN No.                           ZAG000162397
Additional Information             Senior, Unsecured

Applicable Pricing Supplement

https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/BondDocuments/DEN
G92%20Pricing%20Supplement%2011092019.PDF


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:
Allister Lamont-Smith   Nedbank CIB        +27 11 2944833
Corporate Actions       JSE                +27 11 5207000



11 September 2019

Sponsor: Nedbank Corporate and Investment Banking, a division of
Nedbank Limited.

Date: 11/09/2019 02:40:00
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