Bonds
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Old Mutual plc has announced that the JSE Limited has granted listings on the local Interest Rate Market with effect from 14 September 2015 of new series of financial instruments issued by the Company's subsidiary, Old Mutual Life Assurance Company (South Africa) Limited (OMLACSA), under OMLACSA's Unsecured Subordinated Callable Note Programme dated 4 September 2014.  Further details of the new issues are as follows:...


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Stock Code:               OML08

ISIN Code:                  ZAG000129628

Stock Code:               OML09

ISIN Code:                 ZAG000129636

Stock Code:               OML10

ISIN Code:                 ZAG000129644

INSTRUMENT TYPE:                                        FLOATING RATE NOTE CALLABLE

Authorised Programme Size                              R 10,000,000,000

Total Notes Outstanding                                    R 6,061,000,000

Bond Code                                                       OML08

Nominal Issued                                                 R1,288,000,000

Issue Price                                                       100%

Coupon 8.55%                                                  (3 Month JIBAR as at 9 September 2015 of 6.30%

                                                                       plus 225bps)

Coupon Rate Indicator                                       Floating

Trade Type                                                       Price

Final Maturity Date                                            14 September 2025

Books Close                                                     4 December, 4 March, 4 June, 4 September

Interest Payment Dates                                     14 December, 14 March, 14 June, 14 September

Last Day to Register                                          By 17:00 on 3 December, 3 March, 3 June, 3        September

Issue Date                                                        14 September 2015

Date Convention                                                Following

Interest Commencement Date                            14 September 2015

First Interest Payment Date                                14 December 2015

Call / Step Up Date                                            14 September 2020

ISIN No.                                                            ZAG000129628

Additional Information                                         Unsecured Subordinate Callable Notes

INSTRUMENT TYPE:                                        FIXED RATE NOTE CALLABLE

Bond Code                                                       OML09

Nominal Issued                                                 R568,000,000

Issue Price                                                       100 %

Coupon                                                            10.90%

Coupon Rate Indicator                                       Fixed

Trade Type                                                       Yield

Final Maturity Date                                            14 September 2027

Books Close                                                     4 March, 4 September

Interest Payment Dates                                     14 March, 14 September

Last Day to Register                                         By 17:00 on 3 March, 3 September

Issue Date                                                        14 September 2015

Date Convention                                                Following

Interest Commencement Date                            14 September 2015

First Interest Payment Date                               14 March 2016

Call / Step Up Date                                           14 September 2022

ISIN No.                                                           ZAG000129636

Additional Information                                        Unsecured Subordinate Callable Notes

INSTRUMENT TYPE:                                         FIXED RATE NOTE CALLABLE

Bond Code                                                        OML10

Nominal Issued                                                  R623,000,000

Issue Price                                                        100 %

Coupon                                                             11.35%

Coupon Rate Indicator                                        Fixed

Trade Type                                                        Yield

Final Maturity Date                                            14 September 2030

Books Close                                                     4 March, 4 September

Interest Payment Dates                                     14 March, 14 September

Last Day to Register                                         By 17:00 on 3 March, 3 September

Issue Date                                                        14 September 2015

Date Convention                                                Following

Interest Commencement Date                            14 September 2015

First Interest Payment Date                               14 March 2016

Call / Step Up Date                                           14 September 2025

ISIN No.                                                           ZAG000129644

Additional Information                                        Unsecured Subordinate Callable Notes

Source: BONDWorld.co.uk

AdvisorWorld.co.uk
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