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Letshego Holdings Limited - Interest Rate Reset - LHL01 / LHL03

Release Date: 13/09/2013 14:00
Code(s): LHL01 LHL03     PDF:  
Wrap Text
Interest Rate Reset - LHL01 / LHL03

Letshego Holdings Limited
Incorporated in the Republic of Botswana
Registration number 98/442
(“Letshego Holdings” or “the Company”)

INTEREST RATE RESET ANNOUNCEMENT – LHL01 and LHL03

LHL01          10.133% p.a. (500bps over 3 month Jibar of 5.133%)
                for the period 13 September 2013 to 12 December 2013,
                payable on 13 December 2013 (Following*)

LHL03          11.133% p.a. (600bps over 3 month Jibar of 5.133%)
                for the period 13 September 2013 to 12 December 2013,
                payable on 13 December 2013 (Following*)

JIBAR rates as at 13 September 2013: 3 Month 5.133%

*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 / 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.

Gaborone
13 September 2013

Debt sponsor in South Africa
Standard Bank

Sponsoring broker in Botswana
Stockbrokers Botswana Limited

Date: 13/09/2013 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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