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NORTHAM PLATINUM LIMITED - Listing of a new financial instrument NHM003

Release Date: 09/06/2016 15:45
Code(s): NHM003     PDF:  
Wrap Text
Listing of a new financial instrument – NHM003

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Debt Issuer Code: NHMI
Bond code: NHM003       
Bond ISIN: ZAG000129032
(“Northam”)

LISTING OF A NEW FINANCIAL INSTRUMENT – NHM003

The JSE Limited has granted approval for the listing of NHM003 Senior Unsecured Floating Rate Notes,
under the Northam Platinum Limited ZAR 2 000 000 000 Domestic Medium Term Note Programme
dated 3 August 2012, with effect from 10 June 2016.

 Instrument Type                         Senior Unsecured Floating Rate Notes
 Total Notes in Issue                    ZAR 425 000 000 as at the Issue Date

 Instrument Code:                        NHM003
 Nominal Issued:                         ZAR 250 000 000
 Issue Price:                            100%
 Interest Rate:                          11.208% (3 Month Jibar as at 8 June 2016 of 7.308% plus
                                         390bps)
 Coupon Rate Indicator:                  Floating
 Issue Date:                             10 June 2016
 Interest Commencement Date:             10 June 2016
 Maturity Date:                          9 June 2019
 Last Day to Register:                   By 17:00 on 29 August, 28 November, 26 February and
                                         29 May each year until the Maturity Date
 Books Close:                            30 August, 29 November, 27 February and 30 May each year
                                         until the Maturity Date
 Interest Payment Dates:                 9 September, 9 December, 9 March and 9 June each year
                                         until the Maturity Date
 First Interest Payment Date:            9 September 2016
 Interest Reset Dates:                   9 March, 9 June, 9 September and 9 December each year
                                         until the Maturity Date
 ISIN:                                   ZAG000129032
 Business Day Convention:                Modified following
 Dealer:                                 One Capital

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

9 June 2016

Debt Sponsor
One Capital

Legal Advisor to Northam in respect of the Notes
Bowman Gilfillan Inc.

Date: 09/06/2016 03:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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