OLD MUTUAL LIFE ASSURANCE COMPANY (SOUTH AFRICA) LIMITED Registration number 1999/004643/06
JSE alpha code: OLDM ("OMLACSA")
NEW FINANCIAL INSTRUMENT LISTING
The JSE Limited has granted a listing to OMLACSA of an unsecured subordinated floating rate note in terms of its R25,000,000,000 Note Programme, as guaranteed by Old Mutual Limited, dated 13 December 2022.
Bond Code: | OML17 |
Authorised programme size: | R25,000,000,000.00 |
Total amount in issue after this issuance: | R10,388,000,000.00 |
Instrument type: | Unsecured Subordinated Floating Rate Note |
Nominal issued: | R641,000,000.00 |
Issue price: | 100% |
Coupon rate: | 3 month JIBAR as at 31 October 2023 of 8.358% plus |
134 bps | |
Coupon rate indicator: | Floating |
Trade type: | Price |
Final maturity date: | 3 November 2028 |
Books close dates: | 24 January to 2 February, 23 April to 2 May, 24 July |
to 2 August and 24 October to 2 November | |
Interest payment dates: | 3 February, 3 May, 3 August and 3 November |
Last day to register: | By 17:00 on 23 January, 22 April, 23 July and 23 |
October | |
Issue date: | 3 November 2023 |
Date convention: | Following business day |
Interest commencement date: | 3 November 2023 |
First interest payment date: | 3 February 2024 |
ISIN: | ZAG000200643 |
Additional information: | Unsecured subordinated floating rate note |
The Applicable Pricing Supplement is available at: https://www.oldmutual.com/investor-relations/debt-investors
The note relating to the new financial instrument will be dematerialised in the Central Securities Depository ("CSD") and settlement will take place electronically in terms of JSE Rules.
2 November 2023
Debt Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited
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Old Mutual Ltd. published this content on 02 November 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2023 08:13:47 UTC.