THE SOUTH AFRICAN NATIONAL ROADS AGENCY SOC LIMITED – Listing of New Financial Instrument -HWF11

2019/07/12 08:00:00
SENS announcement for JSE listed company: JSE General
                        

HWF11 201907120005A
Listing of New Financial Instrument -HWF11

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: HWF11
ISIN: ZAG000160946
(‘SANRAL’)

LISTING OF NEW FINANCIAL INSTRUMENT – HWF11

The JSE Limited has granted approval for the listing of HWF11 ZAR2 000 000 000 Senior Unsecured
Floating Rate Notes, 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 15 July 2019.

The details pertaining to HWF11 are as follows:

Instrument Code: HWF11
ISIN No: ZAG000160946
Instrument Type: Senior Unsecured Floating Rate Notes
Nominal Amount: ZAR2 000 000 000.00
Issue Date: 15 July 2019
Issue Price: 100%
Interest Rate: 3 Month ZAR-JIBAR-SAFEX plus 147 bps
Interest Determination Date(s): 15 October, 15 January, 15 April and 15 July until
the Redemption Date with the first Interest
Determination Date being 15 July 2019 (subject to
the applicable Business Day Convention)
Coupon Rate Indicator: Floating
Interest Commencement Date: 15 July 2019
Interest Payment Dates: 15 October, 15 January, 15 April and 15 July 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: 15 October 2019
Applicable Business Day Convention: Following Business Day
Last Day to Register: By 17h00 on 4 October, 4 January, 4 April and 4 July
of each year until the Redemption Date
Books Closed Period: 5 October to 14 October, 5 January to 14 January,
5 April to 14 April and 5 July to 14 July (all dates
inclusive) of each year until the Redemption Date
Redemption Date: 15 July 2022
Final Redemption Amount: 100%
Total Notes in Issue: ZAR25 563 000 000 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

Date: 12/07/2019 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (‘JSE’).
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
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