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PPC LIMITED - PPC001 - New Financial Instrument Listing

Release Date: 28/03/2013 09:00
Code(s): PPC001     PDF:  
Wrap Text
PPC001 - New Financial Instrument Listing

PPC LTD
(Incorporated in the Republic of South Africa with limited liability under registration number 1892/000667/06)
JSE Code:        PPC001
ISIN No:         ZAG000104431

NEWS RELEASE
28 March 2013

NEW FINANCIAL INSTRUMENT LISTING

The JSE Limited has granted a listing to PPC LTD – PPC001 on the Interest Rate Market, due 28 March 2016,
issued under its Domestic Medium-term Note Programme dated 18 March 2013.

INSTRUMENT TYPE: FLOATING RATE NOTE

Authorised Programme Size                 R6,000,000,000.00
Total Notes in issue                      R650,000,000.00 (including the PPC001 issuance)

Full note details are set out below:
Bond Code                                 PPC001
Nominal Value                             R650,000,000.00
Coupon                                    6.385% (3 month JIBAR of 5.125% as at 20 March 2013 plus 126 bps)
Issue Price                               100%
Trade Type                                Price
Maturity Date                             28 March 2016
Interest Payment Dates                    28 March, 28 June, 28 September and 28 December
Interest Commencement Date                28 March 2013
Interest Determination Date               20 March 2013
First Interest Payment Date               28 June 2013
Books Close                               17 March, 17 June, 17 September and 17 December
Last day to register                      by 17:00 on 16 March, 16 June, 16 September and 16 December
Business Day Convention                   Modified Following Business Day
Date Issued                               28 March 2013
ISIN No                                   ZAG000104431

Debt sponsor:
Absa Corporate and Investment Bank (a division of Absa Bank Limited)

Joint Lead Arrangers:
The Standard Bank of South Africa Limited (acting through its Corporate and Investment Banking division)
Absa Corporate and Investment Bank (a division of Absa Bank Limited)
Quartile Capital Proprietary Limited

Sponsor to PPC Limited:
Merrill Lynch South Africa (Pty) Ltd

Date: 28/03/2013 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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