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PREMIUM PROPERTIES LIMITED - New Financial Instrument Listing Announcement: PMM12

Release Date: 28/02/2014 15:16
Code(s): PMM12     PDF:  
Wrap Text
New Financial Instrument Listing Announcement: PMM12

PREMIUM PROPERTIES LIMITED – “PMM12”

New Financial Instrument Listing Announcement

Stock Code: PMM12
ISIN Code: ZAG000113606


The JSE Limited has granted a listing to PREMIUM PROPERTIES
LIMITED on Interest Rate Market with effect from 28 February
2014 under its Domestic Medium Term Note Programme dated 2
March 2012.


Authorised Programme size     R 1,000,000,000.00
Total Notes Outstanding       R    725,000,000.00



Bond Code                     PMM12
Nominal Issued                R 275,000,000.00
Issue Price                   100%
Coupon                        6.575% (3 Month JIBAR as at 26
                              February 2014 of 5.675% plus 90
                              bps)
Coupon Indicator              Floating
Trade Type                    Price
Maturity Date                 2 March 2015
Books Close                   23 May, 23 August, 22 November,
                              20 February
Interest Payment Date(s)      2 June, 2 September, 2 December,
                              2 March
Last Day to Register          By 17:00 on 22 May, 22 August,
                              21 November, 19 February
Issue Date                    28 February 2014
Date Convention               Modified Following
Interest Commencement Date    28 February 2014
First Interest Payment Date   2 June 2014
ISIN No.                      ZAG000113606
Additional Information        Senior Unsecured Notes
The note will be immobilised in the Central Securities
Depository   (“CSD”)    and   settlement will take place
electronically in terms of JSE Rules.

For further information on the Notes issued please contact:

Wayne Frank           Nedbank Capital           (011) 535 4027
Anthony Stein         Premium Properties        (012) 319 8780




28th February 2014
Sponsor
Nedbank Capital a division of Nedbank Limited

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