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REDINK RENTAL (RF) LIMITED - New Financial Instrument Listing - RED705

Release Date: 15/04/2020 10:48
Code(s): RED705     PDF:  
Wrap Text
New Financial Instrument Listing - RED705

REDINK RENTALS (RF) LIMITED
Date: 15 April 2020
Stock Code: RED705

New Financial Instrument Listing Announcement

The JSE Limited has granted a listing to REDINK RENTALS (RF) LIMITED on Interest
Rate Market with effect from 17 April 2020 under its Secured Note Programme dated
29 May 2015.

INSTRUMENT TYPE:                   FLOATING RATE NOTE

Authorised Programme size       R 10,000,000,000.00
Total Notes Outstanding             R    401,972,010.00

Bond Code                                   RED705
Nominal Issued                            R 150,000,000.00
Issue Price                                   100%
Coupon                                         …% (3 Month JIBAR as at 17 April 2020 of …% plus 785
                                                     bps)
Coupon Indicator                        Floating
Trade Type                                  Price
Maturity Date                              17 April 2030
Books Close                                12 January, 12 April, 12 July, 12 October
Interest Payment Date(s)            17 January, 17 April, 17 July, 17 October
Last Day to Register                   By 17:00 on 11 January, 11 April, 11 July, 11 October
Issue Date                                   17 April 2020
Date Convention                         Following
Interest Commencement Date   17 April 2020
Call / Step Up Date                     17 April 2023
ISIN No.                                       ZAG000167560
First Interest Payment Date        17 July 2020
Additional Information                 Secured Class C Notes




The note will be immobilised in the Central Securities Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Further information on the Note issue please contact:




Redinkcapital
Charlize Wiederkehr
Tel: +27 10 822 7993
Email: charlize@red-inc.co.za

Date: 15-04-2020 10:48:00
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