CALGRO M3 DEVELOPMENTS LIMITED - CGR25 Tap issue

CGR25 Tap issue

Calgro M3 Developments (Proprietary) Limited
JSE Code:     CGR25
ISIN No:      ZAG000137696


Tap Issue

INSTRUMENT TYPE:                FLOATING RATE NOTE


Tap Amount                      R 15,000,000.00
Total Amount Following Tap      R 111,000,000.00


Bond Code                       CGR25
Nominal Issued                  R 15,000,000.00
Issue Price                     99.81383%
Coupon                          11.325% (3 Month JIBAR as at 22 Jun 2016
                                of 7.325% plus 400 bps)
Coupon Rate Indicator           Floating
Trade Type                      Price
Final Maturity Date             27 June 2019
Books Close Date                17 March, 17 June, 17 September, 17
                                December
Interest Date(s)                27 March, 27 June, 27 September, 27
                                December
Last Day to Register            By 17:00 on 16 March, 16 June, 16
                                September, 16 December
Issue Date                      21 September 2016
Date Convention                 Following
Interest Commencement Date      27 June 2016
First Interest Date             27 September 2016
ISIN No.                        ZAG000137696
Additional Information          Senior Unsecured Floating Rate 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:


Wayne Frank                Nedbank CIB               +27 11 535 4027



Date 21st September 2016

Debt Sponsor:
Nedbank Corporate and Investment Bank, a division of Nedbank Limited.

Date: 21/09/2016 03:54:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.