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REAL PEOPLE INV HOLDINGS LTD - Interest Rate reset-RPS001&RP022

Release Date: 18/11/2013 14:23
Code(s): RPS001 RP022     PDF:  
Wrap Text
Interest Rate reset-RPS001&RP022

Real People Investment Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1999/020093/06)
Bond Issuer Code: BIRP
RPS001 ISIN: ZAG000101056
RP022 ISIN: ZAG000106964
(“Real People”)


INTEREST RATE RESET ANNOUNCEMENT

RPS001         15.617% p.a. (10.00% over 6 month Jibar of 5.617%)
               for the period 18 November 2013 to 15 May 2014,
               payable on 16 May 2014 (Modified Following*)
               Next reset: 16 May 2014
RP022          7.492% p.a.(2.30% over 3 month Jibar of 5.192%) for
               the period 18 November 2013 to 16 February 2014,
               payable on 17 February 2014 (Modified Following*)
               Next reset: 17 February 2014

JIBAR rate as at 18 November 2013: 3 Month 5.192%; 6 Month 5.617%
*When the Interest Payment Date falls on a non business day one of
the following Date Convention 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.


18 November 2013

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

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