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REDINK RENTAL (RF) LIMITED - New Financial Instrument Listing Announcement - RED702

Release Date: 03/04/2019 09:16
Code(s): RED702     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - RED702

REDINK RENTALS (RF) LIMITED
Date: 3 April 2018
Stock Code: RED702

New Financial Instrument Listing Announcement

The JSE Limited has granted a listing to REDINK RENTALS (RF) LIMITED on Interest
Rate Market with effect from 5 April 2019 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    279,458,042.00

Bond Code                                         RED702
Nominal Issued                                  R 50,000,000.00
Issue Price                                         100%
Coupon                                               …% (3 Month JIBAR as at 05 April 2019 of …% plus
                                                            785 bps)
Coupon Indicator                               Floating
Trade Type                                         Price
Maturity Date                                     17 April 2026
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                                           5 April 2019
Date Convention                                 Following
Interest Commencement Date          05 April 2019
Call / Step Up Date                            17 April 2022
ISIN No.                                              ZAG000158155
First Interest Payment Date              17 July 2019
Additional Information                       Secured Class B 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 0052014
Email: charlize@red-inc.co.za

Date: 03/04/2019 09:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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