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NORTHAM PLATINUM LIMITED - Listing of new financial instrument NHM014

Release Date: 19/11/2019 08:00
Code(s): NHM014     PDF:  
Wrap Text
Listing of new financial instrument – NHM014

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Debt issuer code: NHMI
Bond code: NHM014
Bond ISIN: ZAG000163650
(“Northam”)

LISTING OF NEW FINANCIAL INSTRUMENT – NHM014

The JSE Limited (“JSE”) has granted approval for the listing of NHM014 Senior Unsecured Floating Rate Notes
(“Notes”), under the Northam Platinum Limited ZAR5 000 000 000 Domestic Medium Term Note Programme
dated 3 August 2012, as amended and / or supplemented from time to time (“Programme”), as guaranteed by
Booysendal Platinum Proprietary Limited, with effect from 20 November 2019.

The details pertaining to NHM014 are as follows:

 Instrument Type:                                    Senior Unsecured Floating Rate Notes
 Total Notes in Issue:                               ZAR3 675 000 000.00 including this issue
 Instrument Code:                                    NHM014
 Nominal Amount:                                     ZAR1 350 000 000.00
 Issue Price:                                        100%
 Interest Rate:                                      3 Month ZAR-JIBAR plus 250 bps, being 9.30% on the
                                                     first Interest Rate Determination Date (3 Month ZAR-
                                                     JIBAR as at 18 November 2019 of 6.80% plus 250 bps)
 Interest Rate Determination Date(s):                20 February, 20 May, 20 August and 20 November (or the
                                                     first Business Day of each Interest Period) of each year
                                                     until the Maturity Date, with the first Interest Rate
                                                     Determination Date being 18 November 2019
 Coupon Rate Indicator:                              Floating
 Issue Date:                                         20 November 2019
 Interest Commencement Date:                         20 November 2019
 Maturity Date:                                      20 November 2021
 Final Redemption Amount:                            100% of Nominal Amount
 Last Day to Register:                               By 17h00 on 9 February, 9 May, 9 August and
                                                     9 November of each year until the Maturity Date
 Books Closed Period:                                From 10 February to 19 February, 10 May to 19 May,
                                                     10 August to 19 August and 10 November to
                                                     19 November of each year until the Maturity Date (all
                                                     dates inclusive) or if any early redemption occurs, 10 days
                                                     prior to the actual Redemption Date
 Interest Payment Date(s):                           20 February, 20 May, 20 August and 20 November of
                                                     each year until the Maturity Date
 ISIN No:                                            ZAG000163650
 Business Day Convention:                            Following Business Day
 Other:                                              The applicable pricing supplement (“APS”) contains
                                                     additional terms and conditions to the Terms and
                                                     Conditions as contained in the Programme (“Additional
                                                     Terms and Conditions”)
 Summary of Additional Terms and Conditions:         The Additional Terms and Conditions pertain to the
                                                     applicable guarantee and the amendment of Condition
                                                     16.1 (Senior Notes) by including additional Events of
                                                     Default in terms of Condition 16.1.1.9 (Other) of the
                                                     Terms and Conditions. Investors should refer to Appendix
                                                     “A” of the APS for full details of the Additional Terms and
                                                     Conditions, available on Northam’s website:
                                                     https://www.northam.co.za/downloads/send/96-
                                                     files/1270-applicable-pricing-supplement-nhm014


The Notes will be immobilised in the Central Securities Depository (CSD) and settlement will take place
electronically in terms of JSE Rules.


Johannesburg
19 November 2019


Sole Arranger, Dealer and Debt Sponsor to Northam in respect of the Notes
One Capital

Attorneys to Northam in respect of the Notes
Bowman Gilfillan Inc.

Date: 19/11/2019 08:00:00
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