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REDINK RENTAL (RF) LIMITED - New Financial Instrument Listing Announcement - RED402

Release Date: 22/12/2020 11:05
Code(s): RED402     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - RED402

REDINK RENTALS (RF) LIMITED
Date: 22 December 2020
Stock Code: RED402

New Financial Instrument Listing Announcement

The JSE Limited has granted a listing to REDINK RENTALS (RF) LIMITED on Interest
Rate Market with effect from 23 December 2020 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    571,604,775.00

Bond Code                     RED402
Nominal Issued                R 20,000,000.00
Issue Price                   100%
Coupon                        …% (3 Month JIBAR as at 23 December 2020 of …% plus
                               550 bps)
Coupon Indicator              Floating
Trade Type                    Price
Maturity Date                 29 January 2024
Books Close                   24 January, 24 April, 24 July, 24 October
Interest Payment Date(s)      29 January, 29 April, 29 July, 29 October
Last Day to Register          By 17:00 on 23 January, 23 April, 23 July, 23 October
Issue Date                    23 December 2020
Date Convention               Following
Interest Commencement Date    23 December 2020
ISIN No.                      ZAG000173345
First Interest Payment Date   29 April 2021
Additional Information        Secured Class A 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 10 822 7993
Email: charlize@red-inc.co.za

Date: 22-12-2020 11:05:00
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