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NORTHAM PLATINUM LIMITED - Interest Rate Reset - NHM001

Release Date: 04/03/2014 16:20
Code(s): NHM001 NHM     PDF:  
Wrap Text
Interest Rate Reset - NHM001

Northam Platinum Limited
Incorporated in the Republic of South Africa
(Registration Number 1977/003282/06)
Share code: NHM ISIN: ZAE000030912
Debt Issuer Code: NHMI
(“Northam Platinum” or “the company”)


INTEREST RATE RESET ANNOUNCEMENT

Noteholders are hereby advised of the interest rate reset on the following Note:

 NHM001                  9.200% p.a. (350bps above 3 month Jibar of 5.700%) for the period 4 March
                         2014 to 3 June 2014, payable on 4 June 2014 (Modified Following*)

                         Next reset: 4 June 2014

JIBAR rates as at 4 March 2014: 3 Month 5.700%



*When the Interest Payment Date falls on a non-business day, one of the following business day
conventions will be applied, as specified for each individual bond in its applicable pricing supplement:

1. Following: Means interest will be paid on the first business day after the weekend or public holiday.

2. Modified Following: Means 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, interest will then be paid on the last business day before the weekend / public holiday.

3. Preceding: Means interest will be paid on the last business day before the weekend or public holiday.


4 March 2014


Sponsor and Debt Sponsor
One Capital

Date: 04/03/2014 04:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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