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KAGISO SIZANANI CAPITAL LTD (RF) - KSB008 Interest Rate Reset Announcement

Release Date: 05/05/2014 10:15
Code(s): KSB008     PDF:  
Wrap Text
KSB008 Interest Rate Reset Announcement

Kagiso Sizanani Capital Limited (RF)
Incorporated in the Republic of South Africa
(Registration Number 2003/028948/07)
Bond code: KSB008 ISIN: ZAG000100926
Debt Issuer Code: BIKSC
(“Kagiso Sizanani”)


                                INTEREST RATE RESET ANNOUNCEMENT

Noteholders are hereby advised that the 3 month JIBAR rate as at 2 May 2014 is 5.775% p.a.
Accordingly, the next interest payment, for the following Kagiso Sizanani note, will be calculated on the
interest rate provided below:

KSB008                   9.075% p.a. (330bps above 3 month JIBAR of 5.775%) for the period
                         2 May 2014 to 31 July 2014, payable on 1 August 2014 (Following*)

                         Next reset: 1 August 2014

*When the interest payment date falls on a non-business day, the following business day convention
will be applied, as specified for the KSB008 note in its applicable pricing supplement:

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




5 May 2014


Debt Sponsor
One Capital

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