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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