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BURSTONE GROUP LIMITED - New Financial Instrument Listing BTNC6

Release Date: 29/08/2024 15:10
Code(s): BTNC6     PDF:  
Wrap Text
New Financial Instrument Listing – BTNC6

Burstone Group Limited
Approved as a REIT by the JSE
(Incorporated in the Republic of South Africa)
(Registration Number 2008/011366/06)
("Burstone")

New Financial Instrument Listing – BTNC6

The JSE Limited has granted a listing to Burstone on the Interest Rate Market with effect from 30 August 2024.

Debt security code                         BTNC6
Nominal Issued                             R415,000,000
Issue Price                                100%
Coupon                                     3-month JIBAR plus Margin
Margin                                     58 bps
Coupon Rate Indicator                      Floating
Issue Date                                 30 August 2024
Interest Commencement Date                 30 August 2024
Interest Rate Determination Date           Issue Date
First Interest Payment Date                30 November 2024
Final Maturity Date/ Redemption Date       30 November 2024
Interest Payment Date(s)                   30 November 2024 being the Redemption Date
Interest Period                            Each period commencing on (and including) an Interest Payment
                                           Date and ending on (but excluding) the following Interest Payment
                                           Date, provided that the first Interest Period will commence on (and
                                           include) the Interest Commencement Date and end on (but
                                           exclude) 30 November 2024 (each Interest Payment Date as
                                           adjusted in accordance with the Applicable Business Day
                                           Convention)
Last Day to Register                       19 November 2024 or if such day is not a Business Day, the
                                           Business Day immediately preceding the Books Closed Period
Books Closed Period                        The Register will be closed from 20 November 2024 to 30
                                           November 2024, being the Redemption Date (including the first
                                           day but excluding the last day of the period)
ISIN No.                                   ZAG000208224
Additional Information                     Senior Unsecured
Total Notes in issue under Programme       R3,962,300,000 Notes in issue after this issuance


The Pricing Supplement contains financial covenants applicable in respect of the BTNC6 Notes. Investors
should study the Applicable Pricing Supplement for full details of the terms and conditions applicable to these
Notes.


29 August 2024


Johannesburg
Debt Sponsor
Investec Bank Limited

Date: 29-08-2024 03:10:00
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