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REDEFINE PROPERTIES LIMITED - Interest rate reset: RDFC27

Release Date: 02/03/2016 14:30
Code(s): RDFC27     PDF:  
Wrap Text
REDEFINE PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 1999/018591/06)
Company code : BIRDF
ISIN: ZAG000131756
(Approved as a REIT by the JSE)


INTEREST RATE RESET: RDFC27



Notice is hereby given that the 3 month JIBAR rate as at 2 March 2016 is 7% p.a. ('JIBAR').
Accordingly, the next interest payment, payable on 2 June 2016 (*Modified Following), for the period 2 March 2016 to 1 June 2016, will be calculated based on a rate 7.83% p.a. (83bps over JIBAR).
* When the interest payment date falls on a non business day, such interest payment will be paid on the first business day after the weekend or public holiday. However, if the first business day after the weekend or public holiday falls in a new calendar month the last business day before the weekend or public holiday will be used instead. Next reset date: 2 June 2016 2 March 2016 Debt sponsor Java Capital
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