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HOMECHOICE HOLDINGS LIMITED - Interest Rate Reset - HCH01

Release Date: 27/01/2014 14:10
Code(s): HCH01     PDF:  
Wrap Text
Interest Rate Reset - HCH01

HomeChoice Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1991/005430/06)
Company code: HHL
ISIN: ZAG000110255
(“HomeChoice”)

INTEREST RATE RESET ANNOUNCEMENT

HCH01     8.375% p.a. (3.150% over 3 month Jibar of 5.225%) for
          the period 27 January 2014 to 24 April 2014, payable
          on 25 April 2014 (Modified Following*)
          Next reset: 25 April 2014


JIBAR rate as at 27 January 2014: 3 Month 5.225%

*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.


27 January 2014

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

Date: 27/01/2014 02:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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