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NORTHAM PLATINUM LIMITED - Listing of new financial instrument NHM013

Release Date: 06/09/2019 12:00
Code(s): NHM013     PDF:  
Wrap Text
Listing of new financial instrument – NHM013

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Debt issuer code: NHMI
Bond code: NHM013
Bond ISIN: ZAG000162181
(“Northam”)

LISTING OF NEW FINANCIAL INSTRUMENT – NHM013

The JSE Limited (“JSE”) has granted approval for the listing of NHM013 Senior Unsecured Floating Rate Notes
(“Notes”), under the Northam Platinum Limited ZAR5 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 9 September 2019.

The details pertaining to NHM013 are as follows:

Instrument Type:                                    Senior Unsecured Floating Rate Notes
Total Notes in Issue:                               ZAR2 325 000 000.00 including this issue
Instrument Code                                     NHM013
Nominal Amount:                                     ZAR500 000 000.00
Issue Price:                                        100%
Interest Rate:                                      3 Month ZAR-JIBAR plus 240 bps, being 9.208% on the
                                                    first Interest Rate Determination Date (3 Month ZAR-
                                                    JIBAR as at 5 September 2019 of 6.808% plus 240 bps)
Interest Rate Determination Date(s):                5 September 2019, 9 December 2019, 9 March 2020
                                                    and 9 June 2020 (or the first Business Day of each
                                                    Interest Period)
Coupon Rate Indicator:                              Floating
Issue Date:                                         9 September 2019
Interest Commencement Date:                         9 September 2019
Maturity Date:                                      9 September 2020
Final Redemption Amount:                            100% of Nominal Amount
Last Day to Register:                               By 17h00 on 28 November 2019, 27 February 2020,
                                                    29 May 2020 and 29 August 2020 or if such day is not a
                                                    Business Day, the Business Day before each Books
                                                    Closed Period
Books Closed Period:                                From 29 November 2019 to 8 December 2019,
                                                    28 February 2020 to 8 March 2020, 30 May 2020 to
                                                    8 June 2020 and 30 August 2020 to 8 September 2020
                                                    (all dates inclusive)
Interest Payment Date(s):                           9 December 2019, 9 March 2020, 9 June 2020 and
                                                    9 September 2020
ISIN No:                                            ZAG000162181
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
                                                    Memorandum, dated 3 August 2012, (“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/1269-applicable-pricing-supplement-06092019




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


Johannesburg
6 September 2019


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

Attorneys to Northam in respect of the Notes
Bowman Gilfillan Inc.

Date: 06/09/2019 12:00:00
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