Debt Investors Overview

The Old Mutual Limited Group has a Multi-Issuer Consolidated DMTN Programme. The Issuers on the programme are Old Mutual Life Assurance Company (South Africa) Limited, Old Mutual Insure Limited and Old Mutual Limited.
Issuer information

Old Mutual Limited Multi-Issuer Consolidated DMTN Programme

Debt Summary

  • Nominal value of Old Mutual Life Assurance Company (South Africa) Limited subordinated debt: R6 038m
  • Nominal value of Old Mutual Insure Limited subordinated debt: R500m

Other Information:

Summary of issued instrumentsOld Mutual Life Assurance Company (South Africa) Limited, the Group's South African life subsidiary, issued subordinated securities.
Stock code
Description
Snr/Sub1
Issue date
First call date
Reference rate
Pricing supplement

OML11

R2bn 5 year non-callable Floating rate note

Sub

Jun-19

Jun-24

3-Month Jibar + 155bps

OML07

R460m 15 non-call 10 year Fixed rate notes

Sub

Nov-15

Mar-25

10.955%

OML10

R623m 15 non-call 10 year Fixed rate notes

Sub

Sep-15

Sep-25

11.350%

OML09

R568m 12 non-call 7 year Fixed rate notes

Sub

Sep-15

Sep-22

10.900%

OML07

R690m 15 non-call 10-year Fixed rate notes

Sub

Mar-15

Mar-25

10.955%

OML06

R409m 12 non-call 7-year Fixed rate notes

Sub

Mar-15

Mar-22

10.320%

OML11

Details

OML07

Details

OML10

Details

OML09

Details

OML07

Details

OML06

Details
Description

R2bn 5 year non-callable Floating rate note

Snr/Sub1

Sub

Pricing supplement

Jun-19

First call date

Jun-24

Reference rate

3-Month Jibar + 155bps

Pricing supplement
Description

R460m 15 non-call 10 year Fixed rate notes

Snr/Sub1

Sub

Pricing supplement

Nov-15

First call date

Mar-25

Reference rate

10.955%

Pricing supplement
Description

R623m 15 non-call 10 year Fixed rate notes

Snr/Sub1

Sub

Pricing supplement

Sep-15

First call date

Sep-25

Reference rate

11.350%

Pricing supplement
Description

R568m 12 non-call 7 year Fixed rate notes

Snr/Sub1
Sub
Issue date

Sep-15

First call date

Sep-22

Reference rate

10.900%

Pricing supplement
Description

R690m 15 non-call 10-year Fixed rate notes

Snr/Sub1

Sub

Issue date

Mar-15

First call date

Mar-25

Reference rate

10.955%

Pricing supplement
Description

R409m 12 non-call 7-year Fixed rate notes

Snr/Sub1

Sub

Issue date

Mar-15

First call date

Mar-22

Reference rate

10.320%

Pricing supplement

NOTES

1 Creditor Ranking Key:
Snr - Senior
Sub - Subordinated

Summary of issued instrumentsOld Mutual Insure Limited, the Group's South African short term insurance subsidiary, issued subordinated securities.
Stock code
Description
Snr/Sub1
Issue date
First call date
Reference rate
Pricing supplement

OMI01

R500m 10 non-call 5-year Floating rate notes

Sub

Nov-17

Jun-22

3-Month Jibar + 209bps

OMI01

Details
Description

R500m 10 non-call 5-year Floating rate notes

Snr/Sub1

Sub

Issue date

Nov-17

First call date

Jun-22

Reference rate

3-Month Jibar + 209bps

Pricing supplement

NOTES

1 Creditor Ranking Key:
Snr - Senior
Sub - Subordinated

Debt Maturity profile R'm (first call dates)

Based on Tier 2 capital debt only. All callable subordinated debt securities have a first call date five years before the maturity date.

Debt rating

Republic of South Africa

Sovereign rating: BB-

Old Mutual Limited

Long-term national scale issuer credit rating: A+
Short-term national scale issuer credit rating A-1

Old Mutual Life Assurance Company (South Africa) Limited

Global scale issuer credit rating and insurer financial strength rating: BB
National scale rating on subordinated deferrable debt rating: A+
Long-term national scale rating: AAA
Short-term national scale rating: A-1+

Nedbank

Long-term foreign currency rating: BB

Debt Investors Stock Exchange announcementsView the latest announcements
Old Mutual Credit Rating ReportsTake a look at Old Mutual Limited and Old Mutual Life Assurance Company (South Africa) Limited Credit Rating reports.