BIRPIF - Resilient Property Income Fund Limited - Interest Rate Reset

Release Date: 18/04/2012 14:13
Code(s): JSE
 
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BIRPIF - Resilient Property Income Fund Limited - Interest Rate Reset Announcement Resilient Property Income Fund Limited (Incorporated in the Republic of South Africa) (Registration No. 2002/016851/06) Company code: BIRPIF ("Resilient") INTEREST RATE RESET ANNOUNCEMENT RES05 6.46% p.a. (86bps over 3 month Jibar of 5.600% on 18 April 2012) for the period 18 April 2012 to 17 July 2012, payable on 18 July 2012 (Following*) Next reset: 18 July 2012 RES06 7.15% p.a. (155bps over 3 month Jibar of 5.600% on 18 April 2012) for the period 18 April 2012 to 17 July 2012, payable on 18 July 2012 (Following*) Next reset: 18 July 2012 JIBAR rate as at 18 April 2012: 3 month 5.600% *When the interest payment date falls on a non business day, one of the following date conventions will be applied, as specified for each individual bond: 1. Following - This means that the interest will be paid on the first business day after the weekend or public holiday. 2. Modified following - This means that the interest will be paid on the first business day after the weekend or public holiday. However, if the first business day after the weekend or public holiday falls in a new calendar month the last business day before the weekend or public holiday will be used instead. 3. Preceding - This means that the interest will be paid on the last business day before the weekend or public holiday. 18 April 2012 Debt Sponsor Rand Merchant Bank (A division of FirstRand Bank Limited) Date: 18/04/2012 14:13:01 Supplied by www.sharenet.co.za 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.
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