ACCELERATE PROPERTY FUND LIMITED - APF13 - Listing of New Financial Instrument

APF13 - Listing of New Financial Instrument

Accelerate Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2005/015057/06)
Company code: APFE
(Approved as a REIT by the JSE)
Bond code: APF13
ISIN: ZAG000170853
(“Accelerate” or the “Issuer”)


Listing Of New Financial Instrument

The JSE Limited has granted Accelerate the listing of its Senior Secured Floating Rate Notes, in terms
of the Accelerate Domestic Medium Term Note Programme dated 9 September 2014 (the
“Programme”), effective 16 September 2020.

Debt Security Code:                          APF13
ISIN:                                        ZAG000170853
Type of Debt Security:                       Floating Rate Notes
Nominal Issued:                              ZAR 129 000 000.00
Issue Date:                                  16 September 2020
Issue Price:                                 100%
Coupon Rate:                                 3 Month JIBAR plus 300 basis points
Interest Commencement Date:                  16 September 2020
Interest Rate Determination Date(s):         30 December 2020 and 30 March 2021, with the first
                                             Interest Rate Determination Date being 11 September
                                             2020
First Interest Payment Date:                 30 December 2020
Interest Payment Date(s):                    30 December 2020, 30 March 2021 and 30 June 2021
Last Day to Register:                        By 17h00 on 19 December 2020, 19 March 2021 and 19
                                             June 2021
Books Close:                                 20 December 2020, 20 March 2021 and 20 June 2021
Business Day Convention:                     Following Business Day
Maturity Date:                               30 June 2021
Final Maturity Amount:                       100% of Nominal Amount
Other:                                       The pricing supplement contains additional terms and
                                             conditions to the terms and conditions as contained in
                                             the Programme
Summary of Additional Terms:                 Please refer to the description of the security
                                             arrangements under Appendix A, the additional terms
                                             and conditions under Appendix B, which includes the
                                             Guarantee, Financial Covenants and the Negative
                                             Undertakings, the debt Guarantee under Appendix C
                                             and the Additional Documents Incorporated by
                                             Reference under Appendix D of the pricing supplement

Programme Amount:                            ZAR 5 000 000 000
Total Notes in issue under the Programme     ZAR 1 610 000 000, exclusive of this issuance
as at the issue date:                        of notes
Dealer:                                      Rand Merchant Bank, a division of FirstRand Bank
                                             Limited



15 September 2020

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

Date: 15-09-2020 03:00:00
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