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REDINK RENTAL (RF) LIMITED - Tap Issue Announcement - RED702

Release Date: 26/06/2019 13:00
Code(s): RED702     PDF:  
Wrap Text
Tap Issue Announcement - RED702

REDINK RENTALS (RF) LIMITED
Date: 26 June 2019
Stock Code: RED702


Tap Issue Announcement

The JSE Limited has granted a listing to REDINK RENTALS (RF) LIMITED on Interest
Rate Market with effect from 5 April 2019 under its Secured Note Programme dated
29 May 2015.

INSTRUMENT TYPE:                  FLOATING RATE NOTE

Authorised Programme size       R 10,000,000,000.00
Total Notes Outstanding             R 287,752,042.00

Bond Code                                  RED702
Nominal Issued                           R 20,000,000.00
Issue Price                                  103,454%
Coupon                                       15.008% (3 Month JIBAR of 7.158% plus 785 bps)
Coupon Indicator                        Floating
Trade Type                                  Price
Maturity Date                              17 April 2026
Books Close                                12 January, 12 April, 12 July, 12 October
Interest Payment Date(s)            17 January, 17 April, 17 July, 17 October
Last Day to Register                    By 17:00 on 11 January, 11 April, 11 July,
                                                      11 October
Issue Date                                    28 June 2019
Date Convention                          Following
Call / Step Up Date                      17 April 2022
ISIN No.                                        ZAG000158155
First Interest Payment Date         17 July 2019
Additional Information                 Secured Class B 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:




Redinkcapital
Charlize Wiederkehr
Tel: +27 10 0052014
Email: charlize@red-inc.co.za

Date: 26/06/2019 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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