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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