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CALGRO M3 DEVELOPMENTS LIMITED - New Debt Instrument - CGR16

Release Date: 23/09/2014 15:19
Code(s): CGR16     PDF:  
Wrap Text
New Debt Instrument - CGR16

Calgro M3 Developments (Proprietary) Limited
JSE Code:       CGR16
ISIN No:        ZAG000120189
New Listing

The JSE Limited has granted a listing to (Calgro M3 Developments
(Proprietary) Limited – “CGR16”) 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                           CGR16
Nominal Issued                      R 49,000,000.00
Issue Price                         100%
Coupon                              9.533% (3 Month JIBAR as at 18         September
                                    2014 of 6.133% plus 340 bps)
Coupon Indicator                    Floating
Trade Type                          Price
Maturity Date                       22 September 2017
Books Close                         12 December, 12 March, 12              June,   12
                                    September
Interest Payment Date(s)            22 December, 22 March, 22              June,   22
                                    September
Last Day to Register                By 17:00 on 11 December, 11            March, 11
                                    June, 11 September
Issue Date                          23 September 2014
Date Convention                     Following
Interest Commencement Date          23 September 2014
First Interest Payment Date         22 December 2014
ISIN No.                            ZAG000120189
Additional Information              Senior Unsecured Notes

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:


Jacqueline Eberle             Nedbank Capital              +2711 5354519
Brendan Povey                 JSE                          +27 11 5207982


Date 23rd September 2014

Debt Sponsor
Nedbank Capital

Date: 23/09/2014 03:19:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

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