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Listing of Tap Issue - TU1A11, TU1B11 and TU1D11
TUHF Urban Finance (RF) Limited
Incorporated in the Republic of South Africa
(Registration number 2018/563485/06)
(“TUHF Urban Finance”)
Instrument Code: TU1A11 ISIN Code: ZAG000156167
Instrument Code: TU1B11 ISIN Code: ZAG000156175
Instrument Code: TU1D11 ISIN Code: ZAG000156183
LISTING OF TAP ISSUE – TU1A11, TU1B11 AND TU1D11
The JSE Limited has granted approval for the listing of a tap issue of TU1A11, TU1B11 and
TU1D11 Secured Floating Rate Notes under the TUHF Urban Finance (RF) Limited
ZAR2,000,000,000 Mortgage Loan Backed Securitisation Programme (“Programme”), with effect
from 3 October 2019.
The details pertaining to the listing of a tap issue of TU1A11 are as follows:
Instrument Code: TU1A11
ISIN: ZAG000156167
Instrument Type: Secured Floating Rate Class A1 Notes
Nominal Before Issue: ZAR385,000,000.00
Nominal Issued: ZAR115,000,000.00
Nominal After Issue: ZAR500,000,000.00
Issue Date: 3 October 2019
Issue Price: 101.58737534%
Coupon Rate: 3 Month JIBAR plus 222 bps
Interest Commencement Date: 31 July 2019
Interest Payment Dates: 30 April, 31 July, 31 October and 31 January in each
calendar year or, if such day is not a Business Day, the
immediately succeeding Business Day
First Interest Payment Date: 31 October 2019
Applicable Business Day Convention: Following Business Day Convention
Last Day to Register: By 17:00 on 24 April, 25 July, 25 October and
25 January in each calendar year or if such day is not a
Business Day, the Business Day before each Books
Closed Period
Books Closed Period: the periods 25 April to 29 April, 26 July to 30 July,
26 October to 30 October and 26 January to 30 January
of each calendar year
Call / Step Up Date: 31 January 2025
Coupon Step-Up: On the Coupon Step-Up Date, being 31 January 2025,
the margin will be increased by 125 basis points.
Final Maturity Date: 30 April 2039
Other: The pricing supplement does not contain additional
terms and conditions or changes to the terms and
conditions as contained in the Programme.
Instrument Code: TU1B11
ISIN: ZAG000156175
Coupon Rate Indicator: Floating
Instrument Type: Secured Floating Rate Class B Notes
Nominal Before Issue: ZAR45,000,000.00
Nominal Issued: ZAR13,000,000.00
Nominal After Issue: ZAR58,000,000.00
Issue Date: 3 October 2019
Issue Price: 101.89948493%
Coupon Rate: 3 Month JIBAR plus 400 bps
Interest Commencement Date: 31 July 2019
Interest Payment Dates: 30 April, 31 July, 31 October and 31 January in each
calendar year or, if such day is not a Business Day, the
immediately succeeding Business Day
First Interest Payment Date: 31 October 2019
Applicable Business Day Convention: Following Business Day Convention
Last Day to Register: By 17:00 on 24 April, 25 July, 25 October and
25 January in each calendar year or if such day is not a
Business Day, the Business Day before each Books
Closed Period
Books Closed Period: the periods 25 April to 29 April, 26 July to 30 July,
26 October to 30 October and 26 January to 30 January
of each calendar year
Call / Step Up Date: 31 January 2025
Coupon Step-Up: On the Coupon Step-Up Date, being 31 January 2025,
the margin will be increased by 125 basis points.
Final Maturity Date: 30 April 2039
Other: The pricing supplement does not contain additional
terms and conditions or changes to the terms and
conditions as contained in the Programme.
Instrument Code: TU1D11
ISIN: ZAG000156183
Coupon Rate Indicator: Floating
Instrument Type: Secured Floating Rate Class D Notes
Nominal Before Issue: ZAR20,000,000.00
Nominal Issued: ZAR7,000,000.00
Nominal After Issue: ZAR27,000,000.00
Issue Date: 3 October 2019
Issue Price: 102.03099178%
Coupon Rate: 3 Month JIBAR plus 475 bps
Interest Commencement Date: 31 July 2019
Interest Payment Dates: 30 April, 31 July, 31 October and 31 January in each
calendar year or, if such day is not a Business Day, the
immediately succeeding Business Day
First Interest Payment Date: 31 October 2019
Applicable Business Day Convention: Following Business Day Convention
Last Day to Register: By 17:00 on 24 April, 25 July, 25 October and
25 January in each calendar year or if such day is not a
Business Day, the Business Day before each Books
Closed Period
Books Closed Period: the periods 25 April to 29 April, 26 July to 30 July,
26 October to 30 October and 26 January to 30 January
of each calendar year
Call / Step Up Date: 31 January 2025
Coupon Step-Up: On the Coupon Step-Up Date, being 31 January 2025,
the margin will be increased by 125 basis points.
Final Maturity Date: 30 April 2039
Other: The pricing supplement does not contain additional
terms and conditions or changes to the terms and
conditions as contained in the Programme.
Total Notes in Issue Under ZAR650,000,000, of which ZAR585,000,000 comprise
Programme: Class A, Class B and Class D (inclusive of this Tranche
of Notes in the amount of ZAR135,000,000), and
ZAR65,000 comprise unlisted Class E Notes (inclusive
of this Tranche of Notes in the amount of
ZAR15,000,000).
Johannesburg
1 October 2019
Debt Sponsor
Merchantec Capital
Date: 01/10/2019 05:15:00
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