The JSE Limited has granted approval for new financial instrument listings to Barloworld effective from 22 August 2022 under its Domestic Medium Term Note Programme dated 21 December 2020 as follows:
1. New Instrument
BAWGL1
Authorised programme size
R15,000,000,000
Total amount in issue after the issuance of
both BAWGL 1 and BAWGL2
R5,639,000,000
Instrument type
Floating rate note
Bond Code
BAWGL1
Nominal Issued
R415,000,000
Issue Price
100%
Coupon
7.162% (3 Month JIBAR as at 17 August 2022 of
5.742% plus 142 bps)
Trade Type
Price
Final Maturity Date
22 August 2025
Books Close Dates
12 February to 21 February, 12 May to 21 May, 12
August to 21 August and 12 November to 21
November
Interest Payment Dates
22 February, 22 May, 22 August and 22 November
Last Day to Register
By 17:00 on 11 February, 11 May, 11 August and 11
November
Issue Date
22 August 2022
Date Convention
Following
Interest Commencement Date
22 August 2022
First Interest Payment Date
22 November 2022
ISIN
ZAG000189168
Additional Information
Sustainability linked, Senior, Unsecured
The Applicable Pricing Supplement is available at:
The notes relating to the new financial instruments ("Notes") will be dematerialised in the Central Securities Depository ("CSD") and settlement will take place electronically in terms of JSE Rules.
19 August 2022
Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Attachments
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Original Document
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Disclaimer
Barloworld Ltd. published this content on 19 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 August 2022 14:33:04 UTC.
Barloworld Limited specializes in the distribution of industrial and handling equipment. Net sales break down by activity as follows:
- industrial and handling equipment distribution (83.9%): diggers (Caterpillar brand), diesel engines (MAK and Perkins), ground maintenance (Atlas Copco), lorries (Freightliner), fork lifts and wheel loader (Hyster), etc.;
- sale of glucose and starch (13.6%);
- other (2.5%).
Net sales are distributed geographically as follows: South Africa (81.3%), Russia (11.9%), Mongolia (6.4%) and Australia (0.4%).
BARLOWORLD LIMITED 
