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PREMIUM PROPERTIES LIMITED - New Debt Instrument - PMM18

Release Date: 04/05/2015 14:19
Code(s): PMM18     PDF:  
Wrap Text
New Debt Instrument - PMM18

PREMIUM PROPERTIES LIMITED
Stock Code:   PMM18
ISIN Code:    ZAG000125949

New Financial Instrument Listing Announcement


The JSE Limited has granted a listing to PREMIUM PROPERTIES
LIMITED on Interest Rate Market with effect from 4 May 2015
under its Domestic Medium Term Note Programme dated 23
February 2015.


Authorised Programme size     R3,000,000,000.00
Total Notes Outstanding       R820,000,000.00

Bond Code                     PMM18
Nominal Issued                R 194,000,000.00
Issue Price                   100%
Coupon                        7.017% (3 Month JIBAR as at 28
                              April 2015 of 6.117% plus 90
                              bps)
Coupon Indicator              Floating
Trade Type                    Price
Maturity Date                 4 November 2015
Books Close                   25 July, 25 October
Interest Payment Date(s)      4 August, 4 November
Last Day to Register          By 17:00 on 24 July, 24 October
Issue Date                    4 May 2015
Date Convention               Modified Following
Interest Commencement Date    4 May 2015
First Interest Payment Date   4 August 2015
ISIN No.                      ZAG000125949
Additional Information        Senior Unsecured Floating Rate
                              Notes



The note will be immobilised in the Central Securities
Depository   (“CSD”)    and   settlement will take place
electronically in terms of JSE Rules.
For further information on the Notes issued please contact:

Shalini Vandayar      Nedbank Capital         (011) 294 4634
Anthony Stein         Premium Properties      (012) 319 8780

4th May 2015
Sponsor: Nedbank Capital a division of Nedbank Limited

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