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KAGISO SIZANANI CAPITAL LTD (RF) - Interest Rate Reset - KSB007

Release Date: 03/03/2014 14:15
Code(s): KSB007     PDF:  
Wrap Text
Interest Rate Reset - KSB007

Kagiso Sizanani Capital Limited (RF)
Incorporated in the Republic of South Africa
(Registration Number 2003/028948/07)
Bond code: KSB007 ISIN: ZAG000099300
Debt Issuer Code: BIKSC
(“Kagiso Sizanani”)


INTEREST RATE RESET ANNOUNCEMENT

Any capitalised terms not defined herein shall have the meanings ascribed to them in Section 7 of the
programme memorandum, in relation to the Kagiso Sizanani ZAR2 billion Domestic Note and
Redeemable Preference Share Programme, dated 17 August 2012.

Noteholders are hereby advised that the 3 month JIBAR rate as at 28 February 2014 is 5.675% p.a.
Accordingly, the interest amount for the first Calculation Period will be calculated on the interest rate
provided below:

 KSB007                  8.425% p.a. (275bps above 3 month JIBAR of 5.675%) for the period
                         commencing on 28 February 2014 and ending on (but excluding) 30 May 2014
                         (Modified Following*)

                         Next reset date: 30 May 2014

A further announcement will be released on or after 30 May 2014 with the applicable JIBAR and interest
rate for the next Calculation Period.

*The following business day convention will be applied, as specified for the KSB007 note in its applicable
pricing supplement:

Modified Following: Means the Calculation Period will end on (but exclude) 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 Calculation Period will then end on (but exclude) the last business day
before the weekend / public holiday.




3 March 2014


Debt Sponsor
One Capital

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