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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