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FINTECH RECEIVABLES 2 (RF) LIMITED - Interest rate reset - Fintech Receivables 2 (RF) Ltd 17 Mar 2014 - FR2A4A,FR2A4B,FR2A4C,FR2A4D

Release Date: 17/03/2014 14:00
Code(s): FR2A4A FR2A4B FR2A4C FR2A4D     PDF:  
Wrap Text
Interest rate reset - Fintech Receivables 2 (RF) Ltd 17 Mar 2014 - FR2A4A,FR2A4B,FR2A4C,FR2A4D

  FINTECH RECEIVABLES 2 (RF) LIMITED - INTEREST RATE RESET

FR2A4A         7.225% p.a. (150bps over 5.725%) for the period 17 Mar
ZAG000108036   2014 to 16 Jun 2014, payable on 17 Jun 2014
               (following*). Next reset: 17 Jun 2014

FR2A4B         7.525% p.a. (180bps over 5.725%) for the period 17 Mar
ZAG000108028   2014 to 16 Jun 2014, payable on 17 Jun 2014
               (following*). Next reset: 17 Jun 2014

FR2A4C         8.125% p.a. (240bps over 5.725%) for the period 17 Mar
ZAG000108010   2014 to 16 Jun 2014, payable on 17 Jun 2014
               (following*). Next reset: 17 Jun 2014

FR2A4D         8.725% p.a. (300bps over 5.725%) for the period 17 Mar
ZAG000108002   2014 to 16 Jun 2014, payable on 17 Jun 2014
               (following*). Next reset: 17 Jun 2014


  JIBAR rates as at 17 March 2014:
       1 Month 5.600%
       3 Month 5.725%
       6 Month 5.417%

  * 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 – The same rule as above applies.
       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.

  17 March 2014

  Sponsor
  Nedbank Capital, a division of Nedbank Limited

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