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HYPROP INVESTMENTS LIMITED - HILB13-New Financial Instrument Listing

Release Date: 10/06/2020 11:11
Code(s): HILB13     PDF:  
Wrap Text
HILB13-New Financial Instrument Listing

HYPROP INVESTMENTS LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1987/005284/06)
(Approved as a REIT by the JSE)
(“Hyprop” or “the Company”)


The JSE Limited has granted a listing to HYPROP INVESTMENTS LIMITED on Interest Rate Market with
effect from 11 June 2020.


INSTRUMENT TYPE:                    FLOATING RATE NOTE

Bond Code                           HILB13

Nominal Issued                      R 100,000,000.00

Issue Price                         100%

Coupon                              6.033% (3 Month JIBAR as at 04 June 2020 of 3.983% plus
                                    205bps)

Coupon Rate Indicator               Floating

Trade Type                          Price

Final Maturity Date                 11 December 2021

Books Close Date                    1 March, 1 June, 1 September, 1 December

Interest Payment Date(s)            11 March, 11 June, 11 September, 11 December

Last Day to Register                By 17:00 on 28 February, 31 May, 31 August, 30 November

Issue Date                          11 June 2020

Date Convention                     Following

Interest Commencement Date          11 June 2020

First Interest Payment Date         11 September 2020

ISIN No.                            ZAG000168576

Additional Information              Senior Unsecured


Johannesburg
10 June 2020

Debt Sponsor

The Standard Bank of South Africa Limited (Debt Sponsor)
Kea Sape
Tel: 011 344 7654
Email: kea.sape@standardbank.co.za

Date: 10-06-2020 11:11:00
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