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CREDE INVESTOR I BRIDGE TO BOND (RF) PROPRIETARY LIMITED - Approval of ZAR10bn Secured Asset-Backed Note Programme

Release Date: 07/11/2022 15:27
Code(s): CDII     PDF:  
Wrap Text
Approval of ZAR10bn Secured Asset-Backed Note Programme

CREDE INVESTOR I BRIDGE TO BOND (RF) LIMITED
Incorporated in the Republic of South Africa with Limited Liability
(Registration Number: 2021/118487/07)
Alpha Code: “CDI”
(“CREDE”)


APPROVAL OF ZAR10BN SECURED ASSET-BACKED NOTE PROGRAMME


Crede is pleased to announce that the JSE Limited (“JSE”) granted formal approval of the
ZAR10 billion secured asset-backed note programme (“Crede Note Programme”) on
3 November 2022.

The overall objective of the Programme is to catalyse and increase the flow of institutional funding into
infrastructure assets in South Africa. Investors in the Notes to be issued under the Crede Note
Programme will have senior secured asset-backed debt (inflation linked or Jibar-linked) exposure in
economic and social infrastructure projects. Priority sectors include: water and sanitation, infrastructure,
housing, transport and energy.

The Crede Note Programme is available for download from the websites of the JSE at
https://www.jse.co.za and the Company at https://credepower.co.za/crede-investor-one


7 November 2022
Sandton


                 JSE Debt Sponsor                                      Administrator
                                                               Crede Power and Infrastructure
    Questco Corporate Advisory Proprietary
                                                              Investments Proprietary Limited
                  Limited



                   Legal Advisor                                      Company Secretary
                   Werkmans Inc                                       Stonehage Fleming



                                        Settlement Agent
               First Rand Bank Limited (acting through its Rand Merchant division)

Date: 07-11-2022 03:27:00
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