Voluntary Announcement: Inaugural Issue of Fixed Rate Notes
Us Plus Limited
(Incorporated with limited liability in South Africa under registration number 2014/048709/06)
Alpha Code: USPI
(“UsPlus”)
VOLUNTARY ANNOUNCEMENT: INAUGURAL ISSUE OF FIXED RATE NOTES
Further to the voluntary announcements released on SENS on 13 December 2021 and 12 May
2022 regarding the issues of a total of ZAR55,000,000 Unlisted Senior Secured Floating Secured
Notes (“Floating Rate Notes”) to ABSA Alternative Asset Management Proprietary Limited
(“AAM’’) under the Us Plus Limited ZAR1,000,000,000 Domestic Medium Term Note Programme
(“Programme”), the board of directors of UsPlus is pleased to announce the inaugural issue of
ZAR8,100,000 Unlisted Senior Secured Fixed Rate Notes (“Fixed Rate Notes”) to AAM under its
Programme. The issue of the Fixed Rate Notes brings the total Notes in issue to ZAR63,100,000.
The continued investment by AAM, a major local financial institution, represents an incredible
vote of confidence in the UsPlus management team and their continued dedication to
empowering local SMEs.
The Fixed Rate Notes, which have been issued on 23 August 2022, will mature on 31 January
2023.
The applicable pricing supplement is available from the following website:
https://www.usplus.world/bond-issuance/.
Johannesburg
23 August 2022
Debt Sponsor
Merchantec Capital
Date: 23-08-2022 09:32:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.