Filed pursuant to Rule 433
September 29, 2016
Relating to Preliminary Prospectus
Supplement dated September 29, 2016 to
Registration Statement No. 333-192814
REPUBLIC OF SOUTH AFRICA
U.S.$2,000,000,000 4.3% Notes due 2028 (the 2028 Notes)
U.S.$1,000,000,000 5.0% Notes due 2046(the 2046 Notes)
Final Term Sheet
Issuer: |
|
Republic of South Africa |
Securities |
|
2028 Notes: U.S.$2,000,000,000.00 4.3% Notes due 2028 |
Principal Amount: |
|
2028 Notes: U.S.$2,000,000,000.00 |
Maturity Date: |
|
2028 Notes: October 12, 2028 |
Coupon: |
|
2028 Notes: 4.3% per annum (payable semi-annually in arrears) |
Ranking: |
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Unsecured |
Settlement Date: |
|
October 12, 2016 (T+8) |
Format: |
|
SEC-Registered Global (No. 333-192814) |
Interest Payment Dates: |
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April 12 and October 12, beginning April 12, 2017 |
Re-offer Price: |
|
2028 Notes: 100.00% |
Re-offer Yield: |
|
2028 Notes: 4.3% |
Benchmark Treasury: |
|
2028 Notes: UST 1.5% due August, 2026 |
Benchmark Treasury Price: |
|
2028 Notes: 99.14 |
Benchmark Treasury Yield: |
|
2028 Notes: 1.562% |
Re-offer Spread over Benchmark Treasury: |
|
2028 Notes: +273.8 bps |
Optional Redemption: |
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None |
Day Count: |
|
30/360 |
Listing: |
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Luxembourg Stock Exchange |
Minimum Denominations: |
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U.S.$200,000 and integral multiples of U.S.$1,000 in excess thereof |
CUSIP: |
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2028 Notes: 836205 AU8 |
ISIN: |
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2028 Notes: US836205AU87 |
Governing Law: |
|
New York |
Joint Lead Managers: |
|
Barclays Bank PLC |
B&D: |
|
HSBC Bank plc |
Issuer Ratings* |
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Baa2 (Moodys)/ BBB- (S&P)/ BBB-(Fitch) |
*Note: A securities rating is not a recommendation to buy, sell or hold securities and may be subject to revision or withdrawal at any time.
The Issuer has filed a registration statement (including a prospectus) with the U.S. Securities and Exchange Commission (SEC) for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the Issuer has filed with the SEC, including the Preliminary Prospectus Supplement to which this communication relates, for more complete information about the Issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, the Issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling Barclays Bank PLC at +1 (800) 438-3242, HSBC Bank plc at +1 (866) 811-8049, J.P. Morgan Securities plc at +44 (0) 207 134 2468 or Nedbank Ltd at +27 (0) 11 294 4481.
ANY DISCLAIMERS OR OTHER NOTICES THAT MAY APPEAR BELOW ARE NOT APPLICABLE TO THIS COMMUNICATION AND SHOULD BE DISREGARDED. SUCH DISCLAIMERS OR OTHER NOTICES WERE AUTOMATICALLY GENERATED AS A RESULT OF THIS COMMUNICATION BEING SENT VIA BLOOMBERG OR ANOTHER EMAIL SYSTEM.