New Financial Instruments Listing Announcement: PMM37
PREMIUM PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1994/003601/06)
("Premium" or "the company")
Stock Code: PMM37
ISIN Code: ZAG000144270
New Financial Instruments Listing Announcement: PMM37
The JSE Limited has granted a listing to Premium, a wholly
owned subsidiary of Octodec Investments Limited, the guarantor
of the listed debt obligations of Premium on the Interest Rate
Market. The listing is effective from 25 May 2017 under
Premium’s Domestic Medium Term Note Programme dated 23
February 2015.
Authorised Programme size R3,000,000,000.00
Total Notes Outstanding R815,500,000.00
INSTRUMENT TYPE: COMMERCIAL PAPER FLOATING RATE NOTE
Bond Code PMM37
Nominal Issued R 160,000,000.00
Issue Price 100%
Coupon 8.342% (3 Month JIBAR as at 18
May 2017 of 7.342% plus 100 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 27 November 2017
Books Close 17 August, 17 November
Interest Payment Date(s) 27 August, 27 November
Last Day to Register By 17:00 on 16 August, 16
November
Issue Date 25 May 2017
Date Convention Modified Following
Interest Commencement Date 25 May 2017
First Interest Payment Date 27 August 2017
ISIN No. ZAG000144270
Additional Information Senior Unsecured Floating Rate
Applicable Pricing Supplement
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/Bond
Documents/PMM37%20Pricing%20Supplement%2020170525.PDF
The notes will be immobilised in the Central Securities
Depository (“CSD”) and settlement will take place
electronically in terms of JSE Rules.
For further information on the Notes issued please contact:
Allister Lamont-Smith Nedbank CIB (011) 294 4634
Anthony Stein Premium Properties (012) 319 8780
24th May 2017
Sponsor: Nedbank Corporate and Investment Bank, a division of
Nedbank Limited
Date: 24/05/2017 04:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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