MW ASSET RENTALS (RF) LIMITED - Listing of new financial instrument - MWAR04

Listing of new financial instrument - MWAR04

MW ASSET RENTALS (RF) LIMITED
Reg No 2002/030074/06
Incorporated in the Republic of South Africa
Stock code: MWAR04
ISIN: ZAG000164393

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted approval for a new financial instrument listing to MW Asset Rentals (RF) Limited under
its Lease Receivables Backed Note Programme, sponsored by Nedbank Limited, as follows:

Authorised Programme size                    R 2,500,000,000.00
Total Notes Issued (including this issuance) R 950,000,000.00

INSTRUMENT TYPE                              FLOATING RATE NOTE CALLABLE

Bond Code                                    MWAR04
Nominal Issued                               R 450,000,000.00
Issue Price                                  100%
Coupon                                       8.7% (3 Month JIBAR of 6.8% as at 20 November 2019 plus 190 bps)
Coupon Rate Indicator                        Floating
Trade Type                                   Price
Final Maturity Date                          22 November 2029
Books Close Date(s)                          12 February, 12 May, 12 August, 12 November
Interest Payment Date(s)                     22 February, 22 May, 22 August, 22 November
Last Day to Register                         By 17:00 on 11 February, 11 May, 11 August, 11 November
Issue Date                                   22 November 2019
Date Convention                              Modified Following
Interest Commencement Date                   22 November 2019
First Interest Payment Date                  22 February 2020
Call / Step Up Date                          22 November 2022
ISIN                                         ZAG000164393
Additional Information                       Secured Class A Notes

The Applicable Pricing Supplement is available at:
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/BondDocuments/MWAR04%20Pricing%20Supp
lement%2022112019.pdf

The note relating to the new financial instrument (“Note”) will be dematerialised in the Central Securities
Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules. For further information on
the Note issue please contact:


Allister Lamont-Smith              Nedbank CIB                +27 11 2944833
Corporate Actions                  JSE                        +27 11 5207000

20 November 2019

Debt Sponsor
Nedbank CIB, a division of Nedbank Limited

Date: 20/11/2019 03:42:00
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