Sharenet Sites 
Sharenet Sites
FIFB26 - Listing of new Financial Instrument
FORTRESS REAL ESTATE INVESTMENTS LIMITED
(Formerly Fortress REIT Limited)
(Incorporated in the Republic of South Africa)
(Registration No. 2009/016487/06)
("Fortress")
LEI: 378900FE98E30F24D975
Company code: FORI
Bond Code: FIFB26
ISIN: ZAG000201591
LISTING OF NEW FINANCIAL INSTRUMENT
The JSE Limited has granted Fortress the listing of its Senior Unsecured Floating Rate Notes, in terms of its
Domestic Medium Term Note Programme (the "Programme") dated 10 January 2019, as guaranteed by Capital
Propfund Proprietary Limited and Fortress Income 3 Proprietary Limited, effective 30 November 2023.
Debt Security Code: FIFB26
ISIN: ZAG000201591
Type of Debt Security: Floating Rate Notes
Nominal Issued: R 250 000 000.00
Issue Date: 30 November 2023
Issue Price: 100%
Coupon Rate: 3 Month JIBAR plus 147.5 basis points
Interest Commencement Date: 30 November 2023
Interest Determination Date(s): 28 February, 30 May, 30 August and 30 November (or the first
Business Day of each Interest Period) in each year until the
Maturity Date, with the first Interest Rate Determination Date
being 27 November 2023
First Interest Payment Date: 28 February 2024
Interest Payment Date(s): 28 February, 30 May, 30 August and 30 November in each year
until the Maturity Date
Last Day to Register: By 17h00 on 17 February, 19 May, 19 August and 19 November in
each year until the Maturity Date
Books Closed Period: 18 February to 27 February, 20 May to 29 May, 20 August to 29
August and 20 November to 29 November (all dates inclusive) in
each year until the Maturity Date, or if any early redemption
occurs, 10 Days prior to the actual redemption date
Business Day Convention: Following Business Day
Maturity Date: 30 November 2026
Final Maturity Amount: 100% of the Aggregate Nominal Amount
Other: The pricing supplement contains additional terms and conditions
to the terms and conditions as contained in the Programme
Summary of Additional Terms: Please refer to the Redemption in the event of a breach of Loan to
Value Financial Covenant provisions as per line item 55 and
Appendix 1 of the pricing supplement
Programme Amount: R 20 000 000 000.00
Total Notes in Issue Under Programme: R 9 550 000 000.00, exclusive of this issuance of notes and as at
the signature date of the pricing supplement
Dealer: Absa Bank Limited, acting through its Corporate and Investment
Banking division
29 November 2023
Debt sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)
Date: 29-11-2023 05:17:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
