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KAP INDUSTRIAL HOLDINGS LIMITED - Listing Announcement: Tap issue KAP013

Release Date: 27/06/2019 11:05
Code(s): KAP013     PDF:  
Wrap Text
Listing Announcement: Tap issue – KAP013

KAP INDUSTRIAL HOLDINGS LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1978/000181/06)

("KAP" or "the company")

Stock Code:         KAP013
ISIN Code:          ZAG000159633

New Financial Instrument Listing Announcement


The JSE Limited has granted a listing to KAP (tap of “KAP013”) under
its   DMTN   programme   dated   5   June    2014.   The   notes   are   jointly   and
severally     and    unconditionally   and     irrevocably     guaranteed    by    KAP
Automotive Proprietary Limited; KAP Bedding Proprietary Limited; KAP
Diversified     Industrial    Proprietary      Limited;      Safripol    Proprietary
Limited; Unitrans Passenger Proprietary Limited; and Unitrans Supply
Chain Solutions Proprietary Limited.


INSTRUMENT TYPE:                       FLOATING RATE NOTE

Bond Code                              KAP013
Nominal Issued                         R 200 000 000.00
Issue Price                            100.830219%
Coupon                                 8.658% (3 Month JIBAR as at 21
                                       May 2019 of 7.158% plus 150 bps)
Coupon Indicator                       Floating
Trade Type                             Price
Final Maturity Date                    24 May 2022
Books Close                            14 February, 14 May, 14 August,
                                       14 November
Interest Payment Date(s)               24 February, 24 May, 24 August,
                                       24 November
Last Day to Register                   By 17:00 on 13 February, 13 May,
                                       13 August, 13 November
Issue Date                             28 June 2019
Date Convention                        Following
Interest Commencement Date             24 May 2019
First Interest Payment Date            24 August 2019
ISIN No.                               ZAG000159633
Additional Information        Senior Unsecured Floating Notes
Additional terms and          N/A
conditions


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

For further information on the Notes issued please contact:

Allister Lamont-Smith Nedbank CIB          (010) 234 8705



27th June 2019

Sponsor: Nedbank Corporate and Investment Bank, a division of
Nedbank Limited

Date: 27/06/2019 11:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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