RESILIENT REIT LIMITED - BIRPIF - Financial Covenants Notification

BIRPIF - Financial Covenants Notification

Resilient REIT Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2002/016851/06)
LEI: 378900F37FF47D486C58
Bond company code: BIRPIF
(Approved as a REIT by the JSE)
(“Resilient” or the “Issuer”)

FINANCIAL COVENANTS NOTIFICATION

Noteholders are advised of the following financial covenant report.

The Issuer’s financial covenant, applicable to the listed notes, is required to be as follows:

    •   Loan to Value Ratio (“LTV ratio”) does not exceed 50% for the Resilient Group.

The Issuer confirms that the financial covenant testing for the period ending 30 June 2020 has been
completed and has been successfully passed, with the LTV ratio measuring 34,7%.


28 August 2020

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 28-08-2020 02:10:00
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