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NITRO PROGRAMME (RF) LIMITED - NTPI - Listing of New Financial Instruments

Release Date: 02/05/2019 17:40
Code(s): N7A20 N7C25 N7D25 N7E25 N7B25     PDF:  
Wrap Text
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
Bond Code: N7A20        ISIN: ZAG000159021
Bond Code: N7B25        ISIN: ZAG000159039
Bond Code: N7C25        ISIN: ZAG000159047
Bond Code: N7D25         ISIN: ZAG000159054
Bond Code: N7E25        ISIN: ZAG000159062
(the “Issuer”)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE Limited has granted the Issuer the listing of its Secured Floating Rate Notes, in terms of its
ZAR 6 000 000 000.00 Asset Backed Securities Programme dated 25 April 2019 (“Programme”), effective 3 May
2019.


Debt Security Code:                         N7A20
ISIN:                                       ZAG000159021
Nominal Issued:                             ZAR 420 000 000.00
Coupon Rate:                                3 Month JIBAR plus 91 basis points
Scheduled Maturity Date:                    20 March 2020
Final Redemption Date:                      20 June 2020

Debt Security Code:                         N7B25
ISIN:                                       ZAG000159039
Nominal Issued:                             ZAR 1 400 000 000.00
Coupon Rate:                                3 Month JIBAR plus 133 basis points
Scheduled Maturity Date:                    20 December 2021
Final Redemption Date:                      20 June 2025

Debt Security Code:                         N7C25
ISIN:                                       ZAG000159047
Nominal Issued:                             ZAR 100 000 000.00
Coupon Rate:                                3 Month JIBAR plus 280 basis points
Scheduled Maturity Date:                    20 March 2022
Final Redemption Date:                      20 June 2025

Debt Security Code:                         N7D25
ISIN:                                       ZAG000159054
Nominal Issued:                             ZAR 80 000 000.00
Coupon Rate:                                3 Month JIBAR plus 405 basis points
Scheduled Maturity Date:                    20 March 2022
Final Redemption Date:                      20 June 2025

Debt Security Code:                         N7E25
ISIN:                                       ZAG000159062
Nominal Issued:                             ZAR 60 000 000.00
Coupon Rate:                                 3 Month JIBAR plus 520 basis points
Scheduled Maturity Date:                     20 March 2022
Final Redemption Date:                       20 June 2025


Type of Debt Security:                       Floating Rate Notes
Issue Date:                                  3 May 2019
Issue Price:                                 100 %
Interest Commencement Date:                  3 May 2019
Interest Determination Date(s):              The first Business Day of each Interest Period, with the first
                                             interest determination date being 26 April 2019
First Interest Payment Date:                 20 September 2019
Interest Payment Date(s):                    20 September, 20 December, 20 March and 20 June of each year
                                             until maturity
Last Day to Register:                        By 17h00 on 14 September, 14 December, 14 March and 14 June
                                             of each year until maturity
Books Close:                                 15 September, 15 December, 15 March and 15 June of each year
                                             until maturity
Business Day Convention:                     Modified Following Business Day
Final Maturity Amount:                       As per Condition 7 of the Programme
Other:                                       The pricing supplements do not contain additional terms and
                                             conditions or changes to the terms and conditions as contained in
                                             the Programme
Summary of Additional Terms:                 Not Applicable
Programme Amount:                            ZAR 6 000 000 000.00
Transaction Amount:                          ZAR 2 060 000 000.00
Total Notes in Issue Under Programme:        ZAR 0.00, exclusive of these issuances of notes
Dealer:                                      Rand Merchant Bank, a division of FirstRand Bank Limited


The Notes will be immobilised in the Central Securities Depository and settlement will take place electronically
in terms of JSE Rules.

2 May 2019

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 02/05/2019 05:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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