Market Notice
21 May 2013
Subject: New Financial Instrument Listing s
(Nqaba Finance 1 (RF) Limited – “NQ1A16, NQ1A17, NQ1B15, NQ1C15 and NQF1D7”)
The JSE Limited has granted a listing to (Nqaba Finance 1 (RF) Limited – “NQ1A16, NQ1A17, NQ1B15, NQ1C15 and NQF1D7”) on Interest Rate Market with effect from 22 May 2013 under its Asset Backed Note Programme dated 23 May 2013.
INSTRUMENT TYPE Floating Rate Note
Authorised Programme Size R 5,000,000,000.00
Total Notes Outstanding R 1, 660,000,000.00
Bond Code NQ1A16 (Class A Notes)
Nominal Issued R 200,000,000.00
Issue Price 100%
Coupon Rate Indicator Floating
Trade Type Price
Coupon 5.975% (3-month JIBAR of 5.125% as at 16 May 2013 plus 85bps)
Step-Up Coupon Rate 3m Jibar + 140% of current margin from the Step-Up and Call Date until the Maturity Date
Scheduled Maturity 22 May 2016
Legal Maturity Date 22 May 2048
Interest Payment Dates 22 August, 22 November, 22 February and 22 May
Books Close 17 August, 17 November, 17 February and 17 May
Last day to register By 17:00h on 16 November, 16 February, 16 May and 16 August
Issue Date 22 May 2013
Date Convention Following
Guarantee Type Secured
Interest Commencement Date 22 May 2013
First Interest Payment Date 22 August 2013
ISIN No. ZAG000105933
Bond Code NQ1A17 (Class A Notes)
Nominal Issued R 302,000,000.00
Issue Price 100%
Coupon Rate Indicator Floating
Trade Type Price
Coupon 6.225% (3-month JIBAR of 5.125% as at 16 May 2013 plus 110bps)
Step-Up Coupon Rate 3m Jibar + 140% of current margin from the Step-Up and Call Date until the Maturity Date
Scheduled Maturity 22 May 2018
Legal Maturity Date 22 May 2050
Interest Payment Dates 22 August, 22 November, 22 February and 22 May
Books Close 17 August, 17 November, 17 February and 17 May
Last day to register By 17:00h on 16 November, 16 February, 16 May and 16 August
Issue Date 22 May 2013
Date Convention Following
Guarantee Type Secured
Interest Commencement Date 22 May 2013
First Interest Payment Date 22 August 2013
ISIN No. ZAG000105941
Bond Code NQ1B15 (Class B Notes)
Nominal Issued R 40,000,000.00
Issue Price 100%
Coupon Rate Indicator Floating
Trade Type Price
Coupon 6.375% (3-month JIBAR of 5.125% as at 16 May 2013 plus 125bps)
Step-Up Coupon Rate 3m Jibar + 140% of current margin from the Step-Up and Call Date until the Maturity Date
Scheduled Maturity 22 May 2018
Legal Maturity Date 22 May 2050
Interest Payment Dates 22 August, 22 November, 22 February and 22 May
Books Close 17 August, 17 November, 17 February and 17 May
Last day to register By 17:00h on 16 November, 16 February, 16 May and 16 August
Issue Date 22 May 2013
Date Convention Following
Guarantee Type Secured
Interest Commencement Date 22 May 2013
First Interest Payment Date 22 August 2013
ISIN No. ZAG000105966
Bond Code NQ1C15 (Class C Notes)
Nominal Issued R 25,000,000.00
Issue Price 100%
Coupon Rate Indicator Floating
Trade Type Price
Coupon 6.475% (3-month JIBAR of 5.125% as at 16 May 2013 plus 135bps)
Step-Up Coupon Rate 3m Jibar + 140% of current margin from the Step-Up and Call Date until the Maturity Date
Scheduled Maturity 22 May 2018
Legal Maturity Date 22 May 2050
Interest Payment Dates 22 August, 22 November, 22 February and 22 May
Books Close 17 August, 17 November, 17 February and 17 May
Last day to register By 17:00h on 16 November, 16 February, 16 May and 16 August
Issue Date 22 May 2013
Date Convention Following
Guarantee Type Secured
Interest Commencement Date 22 May 2013
First Interest Payment Date 22 August 2013
ISIN No. ZAG000105958
Bond Code NQF1D7 (Class D Notes)
Nominal Issued R 30,000,000.00
Issue Price 100%
Coupon Rate Indicator Floating
Trade Type Price
Coupon 6.675% (3-month JIBAR of5.125% as at 16 May 2013 plus 155bps)
Step-Up Coupon Rate 3m Jibar + 140% of current margin from the Step-Up and Call Date until the Maturity Date
Scheduled Maturity 22 May 2018
Legal Maturity Date 22 May 2050
Interest Payment Dates 22 August, 22 November, 22 February and 22 May
Books Close 17 August, 17 November, 17 February and 17 May
Last day to register By 17:00h on 16 November, 16 February, 16 May and 16 August
Issue Date 22 May 2013
Date Convention Following
Guarantee Type Secured
Interest Commencement Date 22 May 2013
First Interest Payment Date 22 August 2013
ISIN No. ZAG000105974
Notes will be deposited in the Central Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules.
For further information on the Note issue please contact:
Bonnie Brink Absa Capital, a division of Absa Bank Ltd (011) 895 6843
Prasanna Nana Absa Capital, a division of Absa Bank Ltd (011) 895 6927
Liza Bowles Absa Capital, a division of Absa Bank Ltd (011) 895 6927
Ettienne Bester Nqaba Finance 1 (RF) Ltd (011) 800 5405
Mari Vink JSE (011) 520 7154
Diboko Ledwaba JSE (011) 520 7222
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