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DEVELOPMENT BANK OF SOUTHERN AFRICA - Tap Issue Announcement - DVF25

Release Date: 23/04/2019 10:45
Code(s): DVF25     PDF:  
 
Wrap Text
Tap Issue Announcement - DVF25

           Development Bank of Southern Africa Limited
           Registration number : 1600157FN
           (“DBSA” or the “Issuer”)


           Stock Code:            DVF25
           ISIN Code:             ZAG000158197




           Tap Issue Announcement:


           The JSE Limited has granted a listing to DEVELOPMENT BANK OF
           SOUTHERN AFRICA on Interest Rate Market with effect from 23
           April 2019.


           Authorised Programme size             R80,000,000,000.00

           Total Notes Outstanding               R31,401,000,000.00(including      the
                                                 issuances noted below)



           INSTRUMENT TYPE:                      FLOATING RATE NOTE



           Bond Code                             DVF25

           Nominal Issued                        R 200,000,000.00

           Issue Price                           100.49767%

           Coupon                                8.65% (3 Month JIBAR as at 28
                                                 March 2019 of 7.150% plus 150
                                                 bps)

           Coupon Rate Indicator                 Floating

           Trade Type                            Price

           Final Maturity Date                   2 April 2024

           Books Close Date(s)                   23 December, 23 March, 23 June,
                                                 23 September

           Interest Payment Date(s)              2 January, 2 April, 2 July, 2
                                                 October




Nedbank Group Limited Internal Use Only
           Last Day to Register                 By 17:00 on 22 December,         22
                                                March, 22 June, 22 September

           Issue Date                           23 April 2019

           Date Convention                      Following

           Interest Commencement Date           2 April 2019

           First Interest Payment Date          2 July 2019

           ISIN No.                             ZAG000158197

           Additional Information               Senior   Unsecured   Floating   Rate
                                                Notes

           Additional terms and                 N/A
           conditions



           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:


           Nswana Mwangu                  Nedbank             +27 11 2947997
           Corporate Actions              JSE                 +27 11 5207000


           23 April 2019


           Sponsor: Nedbank Corporate and Investment Bank, a division of
           Nedbank Limited




Nedbank Group Limited Internal Use Only

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