To view the PDF file, sign up for a MySharenet subscription.

Letshego Holdings Limited - Interest Rate Reset Announcement LHL01 and LHL03

Release Date: 13/03/2013 17:00
Code(s): LHL01 LHL02 LHL03     PDF:  
Wrap Text
Interest Rate Reset Announcement – LHL01 and LHL03

Letshego Holdings Limited
Incorporated in the Republic of Botswana
Registration number 98/442
(“Letshego Holdings” or “the Company”)

This announcement is being released on the Johannesburg Stock Exchange
for information purposes only in respect of Letshego Holdings
Limited’s Note Programme

INTEREST RATE RESET ANNOUNCEMENT – LHL01 and LHL03

LHL01           10.125% p.a. (500bps over 3 month Jibar of 5.125%)
                for the period 13 March 2013 to 12 June 2013, payable
                on 13 June 2013 (Modified Following*)

LHL03           11.125% p.a. (600bps over 3 month Jibar of 5.125%)
                for the period 13 March 2013 to 12 June 2013, payable
                on 13 June 2013 (Modified Following*)

JIBAR rates as at 13 March 2013: 3 Month 5.125%

*When the Interest Payment Date falls on a non business day one of the
following Date Convention will be applied, as specified for each
individual bond:

1. Following – This means that the interest will be paid on the first
business day after the weekend or public holiday.

2. Modified Following – This means that the interest will be paid on
the first business day after the weekend or public holiday. However,
if the first business day after the weekend or public holiday falls in
a new calendar month the last business day before the weekend / public
holiday will be used instead.

3. Preceding – This means that the interest will be paid on the last
business day before the weekend or public holiday.

Gaborone
13 March 2013

Debt sponsor in South Africa
Renaissance BJM Securities (Pty) Ltd

Sponsoring broker in Botswana
Stockbrokers Botswana Limited

Date: 13/03/2013 05:00:00 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.