ACCELERATE PROPERTY FUND LIMITED - APF10 - Listing of New Financial Instrument

APF10 - Listing of New Financial Instrument

Accelerate Property Fund Limited
Management Office 1st Floor
Cedar Square Shopping Centre
Willow Ave
Fourways
Johannesburg
2055
Tel: 010 001 0790



Accelerate Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2005/015057/06)
Company code: APFE
(Approved as a REIT by the JSE)
Bond code: APF10
ISIN: ZAG000162256
(“Accelerate”)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted Accelerate the listing of its Senior Secured Floating Rate Notes, in terms
of its Domestic Medium Term Note Programme (“the Programme”) dated 9 September 2014,
effective 11 September 2019.

Debt Security Code:                          APF10
ISIN:                                        ZAG000162256
Type of Debt Security:                       Floating Rate Notes
Nominal Issued:                              ZAR 101 000 000.00
Issue Date:                                  11 September 2019
Issue Price:                                 100%
Coupon Rate:                                 3 Month JIBAR plus 195 basis points
Interest Commencement Date:                  11 September 2019
Interest Determination Date(s):              11 December, 11 March, 11 June and 11 September of
                                             each year until the Maturity Date, with the first interest
                                             determination date being 9 September 2019
First Interest Payment Date:                 11 December 2019
Interest Payment Date(s):                    11 December, 11 March, 11 June and 11 September of
                                             each year until the Maturity Date
Last Day to Register:                        By 17h00 on 30 November, 28 February, 31 May and 31
                                             August of each year until the Maturity Date
Books Close:                                 1 December, 1 March, 1 June and 1 September of each
                                             year until the Maturity Date
Business Day Convention:                     Following Business Day
Maturity Date:                               11 September 2022
Final Maturity Amount:                       100% of Nominal Amount
Other:                                       The pricing supplement contains additional terms and
                                             conditions to the terms and conditions as contained in
                                             the Programme
Summary of Additional Terms:                 Please refer to the description of the security
                                             arrangements under Appendix A, the additional terms
                                             and conditions under Appendix B, which includes the
                                             Guarantee, Financial Covenants and the Negative
                                             Undertakings, the debt Guarantee under Appendix C
                                             and the Additional Documents Incorporated by
                                             Reference under Appendix D of the pricing supplement

Programme Amount:                            ZAR 5 000 000 000.00
Total Notes in Issue Under Programme:        ZAR 2 085 000 000.00, exclusive of this issuance
                                             of notesRand Merchant Bank, a division of FirstRand Bank
Dealer:                                      Limited


10 September 2019

Debt Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)
Think Precinct, 1 Merchant Place
Cnr Fredman Drive & Rivonia Road
Sandton 2196, South Africa
P O Box 786273, Sandton, 2146, South Africa

Date: 10/09/2019 11:31:00
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