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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: N8A25 ISIN: ZAG000211053
Bond code: N8B30 ISIN: ZAG000211111
Bond code: N8C30 ISIN: ZAG000211061
Bond code: N8D30 ISIN: ZAG000211087
Bond code: N8E30 ISIN: ZAG000211079
(the "Nitro Programme" or the "Issuer")
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE Limited has granted Nitro Programme approval for the listings of its N8A25, N8B30, N8C30,
N8D30 and N8E30 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 4 December2024.
Debt security code: N8A25
ISIN: ZAG000211053
Type of debt security: Class A Floating rate notes
Nominal issued: R400 000 000.00
Coupon rate: 3-month JIBAR plus 0.65%, provided that the first interest
period shall be based on an interpolated JIBAR rate of
7.813% plus 0.65%
Interest determination date(s): 27 November 2024 for the first interest period and
thereafter the first business day of each interest period
Interest payment date(s): 20 March 2025, 20 June 2025, 20 September 2025, 20
December 2025 and 4 January 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 March 2025, 14
June 2025, 14 September 2025, 14 December 2025 and
29 December 2025, 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 2025, 15 June
2025, 15 September 2025, 15 December 2025 and 30
December 2025
Scheduled maturity date: 20 December 2025
Final maturity date: 4 January 2026
Debt security code: N8B30
ISIN: ZAG000211111
Type of debt security: Class B Floating rate notes
Nominal issued: R1 410 000 000.00
Coupon rate: 3-month JIBAR plus 1.17%, provided that the first interest
period shall be based on an interpolated JIBAR rate of
7.813% plus 1.17%
Interest determination date(s): 27 November 2024 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 September 2032
Debt security code: N8C30
ISIN: ZAG000211061
Type of debt security: Class C Floating rate notes
Nominal issued: R100 000 000.00
Coupon rate: 3-month JIBAR plus 2.05%, provided that the first interest
period shall be based on an interpolated JIBAR rate of
7.813% plus 2.05%
Interest determination date(s): 27 November 2024 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 June 2029
Final maturity date: 20 September 2032
Debt security code: N8D30
ISIN: ZAG000211087
Type of debt security: Class D Floating rate notes
Nominal issued: R90 000 000.00
Coupon rate: 3-month JIBAR plus 3.13%, provided that the first interest
period shall be based on an interpolated JIBAR rate of
7.813% plus 3.13%
Interest determination date(s): 27 November 2024 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 June 2029
Final maturity date: 20 September 2032
Debt security code: N8E30
ISIN: ZAG000211079
Type of debt security: Class E Floating rate notes
Nominal issued: R60 000 000.00
Coupon rate: 3-month JIBAR plus 4.10%, provided that the first interest
period shall be based on an interpolated JIBAR rate of
7.813% plus 4.10%
Interest determination date(s): 27 November 2024 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 June 2029
Final maturity date: 20 September 2032
THE BELOW SECTION IS APPLICABLE TO ALL THE NOTES ABOVE:
Issue date: 4 December 2024
Issue price: 100%
Interest commencement date: 4 December 2024
First interest payment date: 20 March 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 060 000 000.00
Total Notes in Issue Under Programme: R0.00, exclusive of these issuances of notes
Dealer: FirstRand Bank Limited
3 December 2024
Debt sponsor
FirstRand Bank Limited
Date: 03-12-2024 04:30:00
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