Wrap Text
BINIT - Nitro 4 Securitisation Issuer Trust - Listing of New Instrument
Nitro Securitisation 4 Issuer Trust
(Incorporated in the Republic of South Africa)
(Master`s Reference No. IT1501/2011)
Company code: BINIT
("Nitro 4")
LISTING OF TAP ISSUES
The JSE Limited has granted Nitro 4 Securitization Issuer Trust the listing
of its N4A111, N4A202, N4A205, N4A208, N4A211, N4A302, N4A305, N4A308,
N4A311, N4A402, N4A405, N4A408, N4A411, N4A502, N4B508 and N4C508 Asset
Backed Notes, under its ZAR4,000,000,000 Asset Backed Note Offering Circular
dated 25 August 2011.
INSTRUMENT TYPE: Asset Backed Notes
Instrument Code: N4A11
Nominal Issued: R 345,000,000.00
Interest Rate: 5.695%% (3 month JIBAR as at 25 August 2011
of 5.575% plus 12 basis points)
Issue Price: 100.00%
Coupon: Floating
Trade Type: Price
Step-up Call Date: 14 November 2011
Step-up Rate: 10 Basis points plus JIBAR
Final Maturity Date: 14 August 2020
First Interest Payment Date:14 November 2011
Interest Payment Dates: 14 August, 14 November, 14 February and
14 May each year the Notes are in issue
Books Close: 4 August, 4 November, 4 February and 4
May in each year until the Maturity Date
Last day to Register: By 17h00 on 3 August, 3 November, 3
February and 3 May in each year until the
Maturity Date
Interest Commencement Date: 25 August 2011
Issue Date: 25 August 2011
Business Day Convention: Following Business Day
Rating: Aaa.za by Moody`s
ISIN: ZAG000087966
Instrument Code: N4A202
Nominal Issued: R 345,000,000.00
Interest Rate: 5.875% (3 month JIBAR as at 25 August 2011
of 5.575% plus 30 basis points)
Issue Price: 100.00%
Coupon: Floating
Trade Type: Price
Step-up Call Date: 14 May 2012
Step-up Rate: 10 Basis points plus JIBAR
Final Maturity Date: 14 August 2020
First Interest Payment Date:14 November 2011
Interest Payment Dates: 14 August, 14 November, 14 February and
14 May each year the Notes are in issue
Books Close: 4 August, 4 November, 4 February and
4 May in each year until the Maturity
Date
Last day to Register: By 17h00 on 3 August, 3 November, 3
February and 3 May in each year until the
Maturity Date
Interest Commencement Date: 25 August 2011
Issue Date: 25 August 2011
Business Day Convention: Following Business Day
Rating: Aaa.za by Moody`s
ISIN: ZAG000087974
Instrument Code: N4A205
Nominal Issued: R 330,000,000.00
Interest Rate: 5.945% (3 month JIBAR as at 25 August 2011
Of 5.575% plus 37 basis points)
Issue Price: 100.00%
Coupon: Floating
Trade Type: Price
Step-up Call Date: 14 May 2012
Step-up Rate: 10 Basis points plus JIBAR
Final Maturity Date: 14 August 2020
First Interest Payment Date:14 November 2011
Interest Payment Dates: 14 August, 14 November, 14 February and
14 May each year the Notes are in issue
Books Close: 4 August, 4 November, 4 February and 4
May in each year until the Maturity Date
Last day to Register: By 17h00 on 3 August, 3 November, 3
February and 3 May in each year until the
Maturity Date
Interest Commencement Date: 25 August 2011
Issue Date: 25 August 2011
Business Day Convention: Following Business Day
Rating: Aaa.za by Moody`s
ISIN: ZAG000087982
Instrument Code: N4A208
Nominal Issued: R 320,000,000.00
Interest Rate: 6.02% (3 month JIBAR as at 25 August 2011
of 5.575% plus 44.5 basis points)
Issue Price: 100.00%
Coupon: Floating
Trade Type: Price
Step-up Call Date: 14 August 2012
Step-up Rate: 10 Basis points plus JIBAR
Final Maturity Date: 14 August 2020
First Interest Payment Date:14 November 2011
Interest Payment Dates: 14 August, 14 November, 14 February and
14 May each year the Notes are in issue
Books Close: 4 August, 4 November, 4 February and 4
May in each year until the Maturity Date
Last day to Register: By 17h00 on 3 August, 3 November, 3
February and 3 May in each year until the
Maturity Date
Interest Commencement Date: 25 August 2011
Issue Date: 25 August 2011
Business Day Convention: Following Business Day
Rating: Aaa.za by Moody`s
ISIN: ZAG000087990
Instrument Code: N4A211
Nominal Issued: R 314,000,000.00
Interest Rate: 6.095% (3 month JIBAR as at 25 August 2011
of 5.575% plus 52 basis points)
Issue Price: 100.00%
Coupon: Floating
Trade Type: Price
Step-up Call Date: 14 November 2012
Step-up Rate: 16 Basis points plus JIBAR
Final Maturity Date: 14 August 2020
First Interest Payment Date:14 November 2011
Interest Payment Dates: 14 August, 14 November, 14 February and
14 May each year the Notes are in issue
Books Close: 4 August, 4 November, 4 February and 4
May in each year until the Maturity Date
Last day to Register: By 17h00 on 3 August, 3 November, 3
February and 3 May in each year until the
Maturity Date
Interest Commencement Date: 25 August 2011
Issue Date: 25 August 2011
Business Day Convention: Following Business Day
Rating: Aaa.za by Moody`s
ISIN: ZAG000088006
Instrument Code: N4A302
Nominal Issued: R 320,000,000.00
Interest Rate: 6.155% (3 month JIBAR as at 25 August 2011
of 5.575% plus 58 basis points)
Issue Price: 100.00%
Coupon: Floating
Trade Type: Price
Step-up Call Date: 14 February 2013
Step-up Rate: 19 Basis points plus JIBAR
Final Maturity Date: 14 August 2020
First Interest Payment Date:14 November 2011
Interest Payment Dates: 14 August, 14 November, 14 February and
14 May each year the Notes are in issue
Books Close: 4 August, 4 November, 4 February and 4
May in each year until the Maturity Date
Last day to Register: By 17h00 on 3 August, 3 November, 3
February and 3 May in each year until the
Maturity Date
Interest Commencement Date: 25 August 2011
Issue Date: 25 August 2011
Business Day Convention: Following Business Day
Rating: Aaa.za by Moody`s
ISIN: ZAG000088014
Instrument Code: N4A305
Nominal Issued: R 295,000,000.00
Interest Rate: 6.255% (3 month JIBAR as at 25 August 2011
of 5.575% plus 68 basis points)
Issue Price: 100.00%
Coupon: Floating
Trade Type: Price
Step-up Call Date: 14 May 2013
Step-up Rate: 21 Basis points plus JIBAR
Final Maturity Date: 14 August 2020
First Interest Payment Date:14 November 2011
Interest Payment Dates: 14 August, 14 November, 14 February and
14 May each year the Notes are in issue
Books Close: 4 August, 4 November, 4 February and 4
May in each year until the Maturity Date
Last day to Register: By 17h00 on 3 August, 3 November, 3
February and 3 May in each year until the
Maturity Date
Interest Commencement Date: 25 August 2011
Issue Date: 25 August 2011
Business Day Convention: Following Business Day
Rating: Aaa.za by Moody`s
ISIN: ZAG000088022
Instrument Code: N4A308
Nominal Issued: R 150,000,000.00
Interest Rate: 6.305% (3 month JIBAR as at 25 August 2011
of 5.575% plus 73 basis points)
Issue Price: 100.00%
Coupon: Floating
Trade Type: Price
Step-up Call Date: 14 August 2013
Step-up Rate: 23 Basis points plus JIBAR
Final Maturity Date: 14 August 2020
First Interest Payment Date:14 November 2011
Interest Payment Dates: 14 August, 14 November, 14 February and
14 May each year the Notes are in issue
Books Close: 4 August, 4 November, 4 February and 4
May in each year until the Maturity Date
Last day to Register: By 17h00 on 3 August, 3 November, 3
February and 3 May in each year until the
Maturity Date
Interest Commencement Date: 25 August 2011
Issue Date: 25 August 2011
Business Day Convention: Following Business Day
Rating: Aaa.za by Moody`s
ISIN: ZAG000088030
Instrument Code: N4A311
Nominal Issued: R 140,000,000.00
Interest Rate: 6.365% (3 month JIBAR as at 25 August 2011
of 5.575% plus 79 basis points)
Issue Price: 100.00%
Coupon: Floating
Trade Type: Price
Step-up Call Date: 14 November 2013
Step-up Rate: 24 Basis points plus JIBAR
Final Maturity Date: 14 August 2020
First Interest Payment Date:14 November 2011
Interest Payment Dates: 14 August, 14 November, 14 February and
14 May each year the Notes are in issue
Books Close: 4 August, 4 November, 4 February and 4
May in each year until the Maturity Date
Last day to Register: By 17h00 on 3 August, 3 November, 3
February and 3 May in each year until the
Maturity Date
Interest Commencement Date: 25 August 2011
Issue Date: 25 August 2011
Business Day Convention: Following Business Day
Rating: Aaa.za by Moody`s
ISIN: ZAG000088048
Instrument Code: N4A402
Nominal Issued: R 130,000,000.00
Interest Rate: 6.515% (3 month JIBAR as at 25 August 2011
of 5.575% plus 94 basis points)
Issue Price: 100.00%
Coupon: Floating
Trade Type: Price
Step-up Call Date: 14 February 2014
Step-up Rate: 25 Basis points plus JIBAR
Final Maturity Date: 14 August 2020
First Interest Payment Date:14 November 2011
Interest Payment Dates: 14 August, 14 November, 14 February and
14 May each year the Notes are in issue
Books Close: 4 August, 4 November, 4 February and 4
May in each year until the Maturity Date
Last day to Register: By 17h00 on 3 August, 3 November, 3
February and 3 May in each year until the
Maturity Date
Interest Commencement Date: 25 August 2011
Issue Date: 25 August 2011
Business Day Convention: Following Business Day
Rating: Aaa.za by Moody`s
ISIN: ZAG000088055
Instrument Code: N4A405
Nominal Issued: R 115,000,000.00
Interest Rate: 6.615% (3 month JIBAR as at 25 August 2011
of 5.575% plus 104 basis points)
Issue Price: 100.00%
Coupon: Floating
Trade Type: Price
Step-up Call Date: 14 May 2014
Step-up Rate: 26 Basis points plus JIBAR
Final Maturity Date: 14 August 2020
First Interest Payment Date:14 November 2011
Interest Payment Dates: 14 August, 14 November, 14 February and
14 May each year the Notes are in issue
Books Close: 4 August, 4 November, 4 February and 4
May in each year until the Maturity Date
Last day to Register: By 17h00 on 3 August, 3 November, 3
February and 3 May in each year until the
Maturity Date
Interest Commencement Date: 25 August 2011
Issue Date: 25 August 2011
Business Day Convention: Following Business Day
Rating: Aaa.za by Moody`s
ISIN: ZAG000088063
Instrument Code: N4A408
Nominal Issued: R 100,000,000.00
Interest Rate: 6.725% (3 month JIBAR as at 25 August 2011
of 5.575% plus 115 basis points)
Issue Price: 100.00%
Coupon: Floating
Trade Type: Price
Step-up Call Date: 14 August 2014
Step-up Rate: 28 Basis points plus JIBAR
Final Maturity Date: 14 August 2020
First Interest Payment Date:14 November 2011
Interest Payment Dates: 14 August, 14 November, 14 February and
14 May each year the Notes are in issue
Books Close: 4 August, 4 November, 4 February and 4
May in each year until the Maturity Date
Last day to Register: By 17h00 on 3 August, 3 November, 3
February and 3 May in each year until the
Maturity Date
Interest Commencement Date: 25 August 2011
Issue Date: 25 August 2011
Business Day Convention: Following Business Day
Rating: Aaa.za by Moody`s
ISIN: ZAG000088071
Instrument Code: N4A411
Nominal Issued: R 85,000,000.00
Interest Rate: 6.825% (3 month JIBAR as at 25 August 2011
of 5.575% plus 125 basis points)
Issue Price: 100.00%
Coupon: Floating
Trade Type: Price
Step-up Call Date: 14 November 2014
Step-up Rate: 29 Basis points plus JIBAR
Final Maturity Date: 14 August 2020
First Interest Payment Date:14 November 2011
Interest Payment Dates: 14 August, 14 November, 14 February and
14 May each year the Notes are in issue
Books Close: 4 August, 4 November, 4 February and 4
May in each year until the Maturity Date
Last day to Register: By 17h00 on 3 August, 3 November, 3
February and 3 May in each year until the
Maturity Date
Interest Commencement Date: 25 August 2011
Issue Date: 25 August 2011
Business Day Convention: Following Business Day
Rating: Aaa.za by Moody`s
ISIN: ZAG000088089
Instrument Code: N4A502
Nominal Issued: R 180,000,000.00
Interest Rate: 6.875% (3 month JIBAR as at 25 August 2011
of 5.575% plus 130 basis points)
Issue Price: 100.00%
Coupon: Floating
Trade Type: Price
Step-up Call Date: 14 February 2015
Step-up Rate: 30 Basis points plus JIBAR
Final Maturity Date: 14 August 2020
First Interest Payment Date:14 November 2011
Interest Payment Dates: 14 August, 14 November, 14 February and
14 May each year the Notes are in issue
Books Close: 4 August, 4 November, 4 February and 4
May in each year until the Maturity Date
Last day to Register: By 17h00 on 3 August, 3 November, 3
February and 3 May in each year until the
Maturity Date
Interest Commencement Date: 25 August 2011
Issue Date: 25 August 2011
Business Day Convention: Following Business Day
Rating: Aaa.za by Moody`s
ISIN: ZAG000088097
Instrument Code: N4B508
Nominal Issued: R 286,000,000.00
Interest Rate: 7.475% (3 month JIBAR as at 25 August 2011
of 5.575% plus 190 basis points)
Issue Price: 100.00%
Coupon: Floating
Trade Type: Price
Step-up Call Date: 14 August 2015
Step-up Rate: 51 Basis points plus JIBAR
Final Maturity Date: 14 August 2020
First Interest Payment Date:14 November 2011
Interest Payment Dates: 14 August, 14 November, 14 February and
14 May each year the Notes are in issue
Books Close: 4 August, 4 November, 4 February and 4
May in each year until the Maturity Date
Last day to Register: By 17h00 on 3 August, 3 November, 3
February and 3 May in each year until the
Maturity Date
Interest Commencement Date: 25 August 2011
Issue Date: 25 August 2011
Business Day Convention: Following Business Day
Rating: A1.za by Moody`s
ISIN: ZAG000088105
Instrument Code: N4C508
Nominal Issued: R 140,000,000.00
Interest Rate: 8.175% (3 month JIBAR as at 25 August 2011
of 5.575% plus 260 basis points)
Issue Price: 100.00%
Coupon: Floating
Trade Type: Price
Step-up Call Date: 14 August 2015
Step-up Rate: 81 Basis points plus JIBAR
Final Maturity Date: 14 August 2020
First Interest Payment Date:14 November 2011
Interest Payment Dates: 14 August, 14 November, 14 February and
14 May each year the Notes are in issue
Books Close: 4 August, 4 November, 4 February and 4
May in each year until the Maturity Date
Last day to Register: By 17h00 on 3 August, 3 November, 3
February and 3 May in each year until the
Maturity Date
Interest Commencement Date: 25 August 2011
Issue Date: 25 August 2011
Business Day Convention: Following Business Day
Rating: Baa1.za by Moody`s
ISIN: ZAG000088113
Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited
The Notes will be immobilised in the Central Depository ("CSD") and
settlement will take place electronically in terms of JSE Rules.
25 August 2011
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 25/08/2011 13:43:01 Supplied by www.sharenet.co.za
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