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NORTHAM PLATINUM LIMITED - Listing of new financial instrument NHM016

Release Date: 08/05/2020 17:00
Code(s): NHM016     PDF:  
Wrap Text
Listing of new financial instrument – NHM016

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Debt issuer code: NHMI
Bond code: NHM016
Bond ISIN: ZAG000167750
(“Northam”)

LISTING OF NEW FINANCIAL INSTRUMENT – NHM016

The JSE Limited (“JSE”) has granted approval for the listing of NHM016 Senior Unsecured Floating Rate Notes
(“Notes”), under the Northam Platinum Limited ZAR10 000 000 000 Domestic Medium Term Note Programme
dated 3 August 2012, as amended and / or supplemented from time to time (“Programme”), as guaranteed by
Booysendal Platinum Proprietary Limited, with effect from 11 May 2020.

The details pertaining to NHM016 are as follows:

 Instrument Type:                                    Senior Unsecured Floating Rate Notes
 Total Notes in Issue:                               ZAR5 325 748 994.00 including this issue
 Instrument Code:                                    NHM016
 Nominal Amount:                                     ZAR550 000 000.00
 Issue Price:                                        100%
 Interest Rate:                                      3 Month ZAR-JIBAR plus 425 bps, being 8.792% on the
                                                     first Interest Rate Determination Date (3 Month ZAR-
                                                     JIBAR as at 6 May 2020 of 4.542% plus 425 bps)
 Interest Rate Determination Date(s):                11 August, 11 November, 11 February, and 11 May (or the
                                                     first Business Day of each Interest Period) of each year
                                                     until the Maturity Date, with the first Interest Rate
                                                     Determination Date being 6 May 2020
 Coupon Rate Indicator:                              Floating
 Issue Date:                                         11 May 2020
 Interest Commencement Date:                         11 May 2020
 Maturity Date:                                      11 May 2025
 Final Redemption Amount:                            100% of Nominal Amount
 Last Day to Register:                               By 17h00 on 31 July, 31 October, 31 January and 30 April
                                                     of each year until the Maturity Date or if such day is not a
                                                     Business Day, the Business Day before each Books
                                                     Closed Period
 Books Closed Period:                                From 01 August to 10 August, 01 November to 10
                                                     November, 01 February to 10 February and 01 May to 10
                                                     May of each year until the Maturity Date (all dates
                                                     inclusive), or if any early redemption occurs, 10 Days prior
                                                     to the actual Redemption Date
 Interest Payment Date(s):                           11 August, 11 November, 11 February, and 11 May of
                                                     each year until the Maturity Date
 ISIN:                                               ZAG000167750
 Business Day Convention:                            Following Business Day
 Other:                                              The applicable pricing supplement (“APS”) contains
                                                     additional terms and conditions to the Terms and
                                                     Conditions as contained in the Programme (“Additional
                                                     Terms and Conditions”)
 Summary of Additional Terms and Conditions:         The Additional Terms and Conditions pertain to the
                                                     applicable guarantee and the amendment of Condition
                                                     16.1 (Senior Notes) by including additional Events of
                                                     Default in terms of Condition 16.1.1.9 (Other) of the
                                                     Terms and Conditions. Investors should refer to Appendix
                                                     “A” of the APS for full details of the Additional Terms and
                                                     Conditions,     available      on     Northam’s     website:
                                                     https://www.northam.co.za/downloads/send/96-
                                                     files/1281-applicable-pricing-supplement-nhm016



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


Johannesburg
8 May 2020

Sole Arranger, Dealer and Debt Sponsor to Northam in respect of the Notes
One Capital

Attorneys to Northam, the Arranger and the Dealer in respect of the Notes
Bowman Gilfillan Inc.

Date: 08-05-2020 05:00:00
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