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

Release Date: 15/04/2020 11:45
Code(s): RED705
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 11:45:00
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