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CALGRO M3 DEVELOPMENTS LIMITED - New Listing CGR15

Release Date: 22/07/2014 16:22
Code(s): CGR15     PDF:  
Wrap Text
New Listing CGR15

Calgro M3 Developments (Proprietary) Limited
JSE Code:      CGR15
ISIN No:       ZAG000118092
New Listing

The   JSE   Limited    has   granted   a   listing   to   (Calgro   M3   Developments
(Proprietary) Limited – “CGR15”) under its DMTN programme dated 25 August
2008. The notes are unconditionally and irrevocably guaranteed by Calgro M3
Holdings Limited.


INSTRUMENT TYPE:                  FLOATING RATE NOTE

Authorised Programme size         R 600,000,000.00
Total Notes Outstanding           R 474,500,000.00

Bond Code                         CGR15
Nominal Issued                    R 24,000,000.00
Issue Price                       100%
Coupon                            9.958% (3 Month JIBAR as at 18 July 2014
                                  of 5.958 plus 400 bps)
Coupon Indicator                  Floating
Trade Type                        Price
Maturity Date                     21 July 2017
Books Close                       11 October, 11 January, 11 April, 11 July
Interest Payment Date(s)          21 October, 21 January, 21 April, 21 July
Last Day to Register              By 17:00 on 10 October, 10 January, 10
                                  April, 10 July
Issue Date                        22 July 2014
Date Convention                   Following
Interest Commencement Date        22 July 2014
First Interest Payment Date       21 October 2014
ISIN No.                          ZAG000118092
Additional Information            Senior Unsecured Notes

Please note:     Since this is a Draft Notice the details of the instrument as
indicated above may still change prior to Issue Date.          Please do not regard
these details as final.


The note will be immobilised in the Central Securities Depository
(“CSD”) and settlement will take place electronically in terms of JSE
Rules. Further information on the Note issue please contact:
Bradley Smart         Nedbank Capital   +27 11 2942693
Brendan Povey         JSE               +27 11 5207982

Date 22nd July 2014

Debt Sponsor
Nedbank Capital




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