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AMBER HOUSE FUND 2 (RF) LIMITED - New Financial Instrument Listing Announcement

Release Date: 16/10/2015 10:51
Code(s): AHF2A2 AHF2B2 AHF2C2     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

Amber House Fund 2(RF) Limited
(Incorporated with limited liability in the Republic of South
Africa)
(Registration number: 2012/065 316/06)
Stock code: AHF2A2 ISIN: ZAG000130097
Stock code: AHF2B2 ISIN: ZAG000130105
Stock code: AHF2C2 ISIN: ZAG000130113
(“Amber House 2” or “the Issuer”)

New Financial Instrument Listing Announcement

The JSE Limited has granted a financial instrument listing to
Amber House Fund 2 (RF) Ltd – “AHF2A2, AHF2B2, AHF2C2” Floating
Rate Notes all due 18 April 2045 (Step up and call date 18
October 2018) and issued by Amber House Fund 2 (RF) Ltd in terms
of its Programme Memorandum dated on or about 15 October 2012.

Authorised Programme size           R 4,000,000,000.00
Total notes issued                  R 1,100,000,000.00

Full Note details are as follows:

Designation of Note:                Class A Note
Nominal Issued:                     ZAR 1,001,000,000.00
Coupon Rate:                        8.008% (3 month JIBAR at 19
                                    October 2015 of 6.308% + 150
                                    bps    (Senior)    +  20   bps
                                    (Subordinated))
Coupon Step-Up Rate:                150 bps over 3 month JIBAR
Coupon Indicator:                   Floating
Scheduled Maturity Date:            18 October 2018
Legal Final Maturity Date:          18 April 2045
First Interest Payment Date:        18 January 2016
Coupon Step-Up Date:                18 October 2018
Interest Payment Dates:             18th January, 18th April, 18th
                                    July and 18th October of each
                                    year
Books Close:                        13th January, 13th April, 13th
                                    July and 13th October of each
                                    year
Last day to register:               By 17:00 on 12th January, 12th
                                    April,   12th   July and   12th
                                    October of each year
Interest Commencement Date:         19 October 2015
Settlement Date:                    19 October 2015
Rating:                        Aaa.za(sf) by Moody’s
                               Investor Service
Placement Agent:               The Standard Bank of South
                               Africa Limited
Designation of Note:           Class B Note
Nominal Issued:                ZAR 48,400,000.00
Coupon Rate:                   8.308% (3 month JIBAR at 19
                               October 2015 of 6.308% + 180
                               bps    (Senior)    +   20  bps
                               (Subordinated))
Coupon Step-Up Rate:           180 bps over 3 month JIBAR
Coupon Indicator:              Floating
Scheduled Maturity Date:       18 October 2018
Legal Final Maturity Date:     18 April 2045
First Interest Payment Date:   18 January 2016
Coupon Step-Up Date:           18 October 2018
Interest Payment Dates:        18th January, 18th April, 18th
                               July and 18th October of each
                               year
Books Close:                   13th January, 13th April, 13th
                               July and 13th October of each
                               year
Last day to register:          By 17:00 on 12th January, 12th
                               April,   12th   July  and  12th
                               October of each year
Interest Commencement Date:    19 October 2015
Settlement Date:               19 October 2015
Rating:                        A2.za(sf) by Moody’s Investor
                               Service
Placement Agent:               The Standard Bank of South
                               Africa Limited

Designation of Note:           Class C Note
Nominal Issued:                ZAR 50,600,000.00
Coupon Rate:                   9.308% (3 month JIBAR at 19
                               October 2015 of 6.308% + 280
                               bps   (Senior)    +   20   bps
                               (Subordinated))
Coupon Step-Up Rate:           280 bps over 3 month JIBAR
Coupon Indicator:              Floating
Scheduled Maturity Date:       18 October 2018
Legal Final Maturity Date:     18 April 2045
First Interest Payment Date:   18 January 2016
Coupon Step-Up Date:           18 October 2016
Interest Payment Dates:        18th January, 18th April, 18th
                               July and 18th October of each
                               year
Books Close:                       13th January, 13th April, 13th
                                   July and 13th October of each
                                   year
Last day to register:              By 17:00 on 12th January, 12th
                                   April,   12th  July  and   12th
                                   October of each year
Interest Commencement Date:        19 October 2015
Settlement Date:                   19 October 2015
Rating:                            Baa3.za(sf) by Moody’s
                                   Investor Service
Placement Agent:                   The Standard Bank of South
                                   Africa Limited


Date: 16 October 2015
Debt Sponsor: The Standard Bank of South Africa Limited

Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.

Further information on the Note issued please contact:
Mike Brunke              SBSA (Sponsor)      (011) 721 8101
Email: mike.brunke@standardbank.co.za

Date: 16/10/2015 10:51:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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