MW ASSET RENTALS (RF) LIMITED - New financial instrument listing - MWAR03

New financial instrument listing - MWAR03

MW ASSET RENTALS (RF) LIMITED
Reg No 2002/030074/06
Incorporated in the Republic of South Africa
Stock code: MWAR03
ISIN: ZAG000155565

The JSE Limited has granted a listing to MW Asset Rentals (RF) Limited under a Lease Receivables Backed Note
Programme, sponsored by Nedbank Limited (“Nedbank”).

Authorised Programme size                    R 2,500,000,000.00
Total Notes Issued (including this issuance) R 950,000,000.00

INSTRUMENT TYPE:                             FLOATING RATE NOTE CALLABLE

Bond Code                                    MWAR03
Nominal Issued                               R 200,000,000.00
Issue Price                                  100%
Coupon                                       8.917% (3 Month JIBAR as at 15 November 2018 of 7.017% plus 190
                                             bps)
Coupon Rate Indicator                        Floating
Trade Type                                   Price
Final Maturity Date                          22 November 2028
Books Close Date(s)                          12 February, 12 May, 12 August, 12 November
Interest Payment Date(s)                     22 February, 22 May, 22 August, 22 November
Last Day to Register                         By 17:00 on 11 February, 11 May, 11 August, 11 November
Issue Date                                   22 November 2018
Date Convention                              Modified Following
Interest Commencement Date                   22 November 2018
First Interest Payment Date                  22 February 2019
Call / Step Up Date                          22 November 2021
ISIN No.                                     ZAG000155565
Additional Information                       Secured Class A Notes (“Notes”)
Additional Terms and Conditions              N/A

The Notes will be immobilised in the Central Securities Depository (“CSD”) and settlement will take place
electronically in terms of JSE Rules.

21 November 2018

Sponsor
Nedbank CIB, a division of Nedbank Limited

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