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PREMIUM PROPERTIES LIMITED - New Financial Instrument Listing Announcement: PMM42

Release Date: 27/11/2017 10:30
Code(s): PMM42     PDF:  
Wrap Text
New Financial Instrument Listing Announcement: PMM42

PREMIUM PROPERTIES LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1994/003601/06)

("Premium" or "the company")

Stock Code:   PMM42
ISIN Code:    ZAG000148479

New Financial Instrument Listing Announcement: PMM42

The JSE Limited has granted a listing to Premium, a wholly owned
subsidiary of Octodec Investments Limited, the guarantor of the
listed debt obligations of Premium on the Interest Rate Market. The
listing is effective from 27 November 2017 under Premium’s Domestic
Medium Term Note Programme dated 23 February 2015.

Authorised Programme size      R3,000,000,000.00
Total Notes Outstanding        R1,093,500,000.00

INSTRUMENT TYPE:               FLOATING RATE NOTE

Bond Code                   PMM42
Nominal Issued              R 180,000,000.00
Issue Price                 100%
Coupon                      8.125% (3 Month JIBAR as at 27 November
                            2017 of 7.125% plus 100 bps)
Coupon Rate Indicator       Floating
Trade Type                  Price
Final Maturity Date         28 May 2018
Books Close                 18 February, 18 May
Interest Payment Date(s)    28 February, 28 May
Last Day to Register        By 17:00 on 17 February, 17 May
Issue Date                  27 November 2017
Date Convention             Modified Following
Interest Commencement Date  27 November 2017
First Interest Payment Date 28 February 2018
ISIN No.                    ZAG000148479
Additional Information      Senior Unsecured Floating Rate

Applicable Pricing Supplement:
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/BondD
ocuments/PMM42%20Pricing%20Supplement%2020171127.pdf


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              (011) 294 4634
Anthony Stein         Premium Properties       (012) 319 8780

27th November 2017

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

Date: 27/11/2017 10:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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