Daimler Truck Southern Africa Limited Lists on the Johannesburg Stock Exchange

Daimler Truck Southern Africa Limited, a leading manufacturer of commercial vehicles in South Africa, has been listed on the Johannesburg Stock Exchange's (JSE) Interest Rate Market. The listing, which came into effect on 21 August 2025, marks a significant milestone for the company as it seeks to raise capital and expand its operations. The listing involves the issuance of R 12 114 000 000 in floating rate notes, with a nominal value of R 500 000 000.

Key Takeaways:

• Daimler Truck Southern Africa Limited has been listed on the JSE's Interest Rate Market with effect from 21 August 2025.
• The listing involves the issuance of R 12 114 000 000 in floating rate notes, with a nominal value of R 500 000 000.
• The bond code is DTP013, and the ISIN is ZAG000218413.
• The coupon rate is 3 Month JIBAR as at 18 August 2025 plus 75 bps.
• Interest payment dates are 21 November, 21 February, 21 May, and 21 August of each year until the maturity date in 2028.
• The last day to register for interest payment is 17:00 on 15 November, 15 February, 15 May, and 15 August of each year until the maturity date.
• The debt sponsor is The Standard Bank of South Africa.
• The bond is classified as senior unsecured, with a maturity date in 2028.

Statistics:

• Total notes in issue: R 12 114 000 000
• Nominal issued: R 500 000 000
• Issue price: 100%
• Coupon rate: 3 Month JIBAR as at 18 August 2025 plus 75 bps
• Maturity date: 21 August 2028
• Books close dates: 16 November to 20 November, 16 February to 20 February, 16 May to 20 May, and 16 August to 20 August (all dates inclusive) of each year until the maturity date
• Interest payment dates: 21 November, 21 February, 21 May, and 21 August of each year until the maturity date
• Last day to register for interest payment: 17:00 on 15 November, 15 February, 15 May, and 15 August of each year until the maturity date

Sources:

• Johannesburg Stock Exchange
• Daimler Truck Southern Africa Limited (Registration number: 2018/300147/06)
• The Standard Bank of South Africa