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NTPI - Listing of New Financial Instruments
Nitro Programme (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2018/453364/06)
Company code: NTPI
LEI: 3789009AE068A5525397
Bond code: N9A26 ISIN: ZAG000218850
Bond code: N9B28 ISIN: ZAG000218835
Bond code: N9C29 ISIN: ZAG000218801
Bond code: N9D29 ISIN: ZAG000218819
Bond code: N9E29 ISIN: ZAG000218827
(the Nitro Programme or the Issuer)
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE Limited has granted Nitro Programme approval for the listings of its N9A26, N9B28, N9C29,
N9D29 and N9E29 secured notes, in terms of its asset backed securities programme (the
Programme) dated 21 November 2024, as amended and/or supplemented from time to time,
effective 11 September 2025.
Debt security code: N9A26
ISIN: ZAG000218850
Type of debt security: Class A Floating rate notes
Nominal issued: R460 000 000.00
Coupon rate: 3-month JIBAR plus 0.55%, provided that the first interest
period shall be based on an interpolated JIBAR rate of
7.028% plus 0.55%
Interest determination date(s): 4 September 2025 for the first interest period and
thereafter the first business day of each interest period
Interest payment date(s): 20 December 2025, 20 March 2026, 20 June 2026, 20
September 2026 and 11 October 2026, or if such day is
not a business day, the business day on which interest will
be paid, as determined in accordance with the applicable
business day convention (as specified in the applicable
pricing supplement)
Last day to register: The register will be closed by 17:00 on 14 December 2025,
14 March 2026, 14 June 2026, 14 September 2026 and 5
October 2026, or if such day is not a business day, the
business day preceding each books closed period
Books closed periods: The register will be closed from 15 December 2025, 15
March 2026, 15 June 2026, 15 September 2026 and 6
October 2026
Scheduled maturity date: 20 June 2026
Final maturity date: 11 October 2026
Debt security code: N9B28
ISIN: ZAG000218835
Type of debt security: Class B Floating rate notes
Nominal issued: R1 360 000 000.00
Coupon rate: 3-month JIBAR plus 1.03%, provided that the first interest
period shall be based on an interpolated JIBAR rate of
7.028% plus 1.03%
Interest determination date(s): 4 September 2025 for the first interest period and
thereafter the first business day of each interest period
Interest payment date(s): 20 March, 20 June, 20 September and 20 December of
each calendar year until the final redemption date, or if
such day is not a business day, the business day on which
interest will be paid, as determined in accordance with
the applicable business day convention (as specified in
the applicable pricing supplement)
Last day to register: The register will be closed by 17:00 on 14 March, 14 June,
14 September and 14 December of each calendar year
until the final redemption date, or if such day is not a
business day, the business day preceding each books
closed period
Books closed periods: The register will be closed from 15 March, 15 June, 15
September and 15 December of each calendar year until
the final redemption date
Scheduled maturity date: 20 December 2028
Final maturity date: 20 March 2033
Debt security code: N9C29
ISIN: ZAG000218801
Type of debt security: Class C Floating rate notes
Nominal issued: R80 000 000.00
Coupon rate: 3-month JIBAR plus 1.85%, provided that the first interest
period shall be based on an interpolated JIBAR rate of
7.028% plus 1.85%
Interest determination date(s): 4 September 2025 for the first interest period and
thereafter the first business day of each interest period
Interest payment date(s): 20 March, 20 June, 20 September and 20 December of
each calendar year until the final redemption date, or if
such day is not a business day, the business day on which
interest will be paid, as determined in accordance with
the applicable business day convention (as specified in
the applicable pricing supplement)
Last day to register: The register will be closed by 17:00 on 14 March, 14 June,
14 September and 14 December of each calendar year
until the final redemption date, or if such day is not a
business day, the business day preceding each books
closed period
Books closed periods: The register will be closed from 15 March, 15 June, 15
September and 15 December of each calendar year until
the final redemption date
Scheduled maturity date: 20 March 2029
Final maturity date: 20 March 2033
Debt security code: N9D29
ISIN: ZAG000218819
Type of debt security: Class D Floating rate notes
Nominal issued: R100 000 000.00
Coupon rate: 3-month JIBAR plus 2.90%, provided that the first interest
period shall be based on an interpolated JIBAR rate of
7.028% plus 2.90%
Interest determination date(s): 4 September 2025 for the first interest period and
thereafter the first business day of each interest period
Interest payment date(s): 20 March, 20 June, 20 September and 20 December of
each calendar year until the final redemption date, or if
such day is not a business day, the business day on which
interest will be paid, as determined in accordance with
the applicable business day convention (as specified in
the applicable pricing supplement)
Last day to register: The register will be closed by 17:00 on 14 March, 14 June,
14 September and 14 December of each calendar year
until the final redemption date, or if such day is not a
business day, the business day preceding each books
closed period
Books closed periods: The register will be closed from 15 March, 15 June, 15
September and 15 December of each calendar year until
the final redemption date
Scheduled maturity date: 20 September 2029
Final maturity date: 20 March 2033
Debt security code: N9E29
ISIN: ZAG000218827
Type of debt security: Class E Floating rate notes
Nominal issued: R50 000 000.00
Coupon rate: 3-month JIBAR plus 4.15%, provided that the first interest
period shall be based on an interpolated JIBAR rate of
7.028% plus 4.15%
Interest determination date(s): 4 September 2025 for the first interest period and
thereafter the first business day of each interest period
Interest payment date(s): 20 March, 20 June, 20 September and 20 December of
each calendar year until the final redemption date, or if
such day is not a business day, the business day on which
interest will be paid, as determined in accordance with
the applicable business day convention (as specified in
the applicable pricing supplement)
Last day to register: The register will be closed by 17:00 on 14 March, 14 June,
14 September and 14 December of each calendar year
until the final redemption date, or if such day is not a
business day, the business day preceding each books
closed period
Books closed periods: The register will be closed from 15 March, 15 June, 15
September and 15 December of each calendar year until
the final redemption date
Scheduled maturity date: 20 September 2029
Final maturity date: 20 March 2033
THE SECTION BELOW IS APPLICABLE TO ALL THE NOTES ABOVE:
Issue date: 11 September 2025
Issue price: 100%
Interest commencement date: 11 September 2025
First interest payment date: 20 December 2025
Applicable business day convention: Modified following business day
Final redemption amount: As per Condition 7 of the Programme
Summary of additional terms: The pricing supplements do not contain additional
terms and conditions or changes to the terms and
conditions as contained in the Programme
Programme Amount: R6 000 000 000.00
Transaction Amount: R2 050 000 000.00
Total Notes in Issue Under Programme: R1 709 170 000.00, exclusive of these issuances of
notes
Dealer: FirstRand Bank Limited
10 September 2025
Debt sponsor
FirstRand Bank Limited
Date: 10-09-2025 01:05:00
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