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EXXARO RESOURCES LIMITED - EXX01 and EXX02-New Listings

Release Date: 19/05/2014 09:00
Code(s): EXX01 EXX02     PDF:  
Wrap Text
EXX01 and EXX02-New Listings

EXXARO RESOURCES LIMITED
Exxaro Resources Limited (Exxaro) is pleased to announce that it has successfully raised a R480 million 3-
year note (EXX01) and a R520 million 5-year note (EXX02) under its R5 billion Domestic Medium Term Note
Programme dated 25 April 2014. This transaction marks Exxaro’s successful entrance into the ZAR Debt
Capital Markets and is in line with its strategy to diversify its funding sources. The bond proceeds will be used
for general corporate purposes.

New Financial Instrument Listing

The JSE Limited has granted a financial instrument listing to EXXARO RESOURCES LIMITED “EXX01 and
EXX02” Floating Rate Notes under its Domestic Medium Term Note Programme dated 25 April 2014.

Instrument Types                                        Floating Rate Notes

Authorised Programme size                               R 5,000,000,000.00



Full Note details are as follows:

Bond Code                                               EXX01
Nominal Issued                                          R480,000,000
Issue Price                                             100%
Coupon Rate                                             7.50% (3 month JIBAR as at 14 May 2014 of 5.80%
                                                        plus 170 basis points)
Trade Type                                              Price
Final Maturity Date                                     19 May 2017
Books Close                                             9th August, 9th November, 9th February and 9th May
Last Day to Register                                    by 17:00 on 8th August, 8th November, 8th February
                                                                th
                                                        and 8 May
Issue Date                                              19 May 2014
Date Convention                                         Following Business Day
Interest Commencement Date                              19 May 2014
First Interest Payment Date                             19 August 2014
Interest Payment Dates                                  19 August, 19 November, 19 February and 19 May
ISIN No.                                                ZAG000115957
Bond Code                                               EXX02
Nominal Issued                                          R520,000,000
Issue Price                                          100%
Coupon Rate                                          7.75% (3 month JIBAR as at 14 May 2014 of 5.80%
                                                     plus 195 basis points)
Trade Type                                           Price
Final Maturity Date                                  19 May 2019
                                                      th          th               th         th
Books Close                                          9 August, 9 November, 9 February and 9 May
                                                                   th         th         th
Last Day to Register                                 by 17:00 on 8 August, 8 November, 8 February
                                                             th
                                                     and 8 May
Issue Date                                           19 May 2014
Date Convention                                      Following Business Day
Interest Commencement Date                           19 May 2014
First Interest Payment Date                          19 August 2014
Interest Payment Dates                               19 August, 19 November, 19 February and 19 May
ISIN No.                                             ZAG000115965




19 May 2014

Debt Sponsor
Absa Bank Limited (acting through its Corporate and Investment Banking division)

Date: 19/05/2014 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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