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IMPERIAL GROUP (PTY) LIMITED - New Instrument Listing - IPL7

Release Date: 03/04/2013 09:40
Code(s): IPL7     PDF:  
Wrap Text
New Instrument Listing - IPL7

Imperial Group (Proprietary) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1983/009088/07)
Bond issuer code: BIIMG
(“Imperial Group” or “the Issuer”)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted Imperial Group the listing of its IPL7
Senior Unsecured Floating Rate Notes, in terms of its
ZAR10,000,000,000 Domestic Medium Term Note Programme dated 22
September 2010.

INSTRUMENT TYPE:             Floating Rate Notes
Total Notes in Issue:        R 3,500,000,000.00 excluding this
                             issuance of Notes

Instrument Code:             IPL7
Nominal Issued:              R750,000,000.00
Issue Price:                 100%
Interest Rate for First       6.625% (3 month JIBAR as at 2 April
Interest Period:              2013 of 5.125% plus 150bps)
                              3 month JIBAR on each Interest Reset Date
                              plus 150bps
Coupon Rate Indicator:        Floating
Issue Date:                   5 April 2013
Interest Commencement Date:   5 April 2013
First Interest Payment Date: 5 July 2013
Maturity Date:                5 April 2018
Last day to register:         By 17:00 on 25 March, 24 June, 24
                              September and 25 December each year until
                              the Maturity Date
Books Close:                  26 March, 25 June, 25 September and 26
                              December each year until the Maturity Date
Interest Payment Date(s):     5 January, 5 April, 5 July and 5 October
                              each year until the Maturity Date
ISIN:                         ZAG000104407
Business Day Convention:      Modified Following Business Day

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.

Any prospective purchaser of the note should contact Rand Merchant
Bank for details of the terms of the note. In this regard,
prospective purchasers should be aware that:
1. The note issued is subject to the terms and conditions of the
pricing supplement agreed between the Issuer and the subscriber(s)
for the note and the Terms and Conditions of the Notes as set out in
the Programme Memorandum dated 16 April 2008 in respect of the
Issuer’s Note Programme;

2. The performance of each note issued is linked to the performance
of an underlying third party entity and/or obligation stipulated in
the pricing supplement in respect of the note and accordingly, as the
prospective purchaser will assume credit exposure to both the Issuer
and such entity and/or obligation, the note is only suitable for
purchase by financially sophisticated investors after conducting all
relevant independent investigations. The risks pertaining to credit-
linked notes generally are more fully set out in the Programme
Memorandum. Copies of the Programme Memorandum are available from
the Issuer.


3 April 2013

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

Date: 03/04/2013 09:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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