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FINTECH RECEIVABLES 2 (RF) LIMITED - Interest rate reset - FR 2 (RF) Ltd 15 March 2016

Release Date: 15/03/2016 11:50
Code(s): FR2A4A FR2A4B FR2A4C FR2A4D     PDF:  
Wrap Text
Interest rate reset - FR 2 (RF) Ltd 15 March 2016

  FINTECH RECEIVABLES 2 (RF) LIMITED
  INTEREST RATE RESET

FR2A4A         8.533% p.a. (150bps over 7.033%) for the period 15 Mar
ZAG000108036   2016 to 14 Jun 2016, payable on 15 Jun 2016
               (following*). Next reset: 15 Jun 2016

FR2A4B         8.833% p.a. (180bps over 7.033%) for the period 15 Mar
ZAG000108028   2016 to 14 Jun 2016, payable on 15 Jun 2016
               (following*). Next reset: 15 Jun 2016

FR2A4C         9.433% p.a. (240bps over 7.033%) for the period 15 Mar
ZAG000108010   2016 to 14 Jun 2016, payable on 15 Jun 2016
               (following*). Next reset: 15 Jun 2016

FR2A4D         10.033% p.a. (300bps over 7.033%) for the period 15 Mar
ZAG000108002   2016 to 14 Jun 2016, payable on 15 Jun 2016
               (following*). Next reset: 15 Jun 2016


  JIBAR rates as at 15 March 2016:
       1 Month 6.808%
       3 Month 7.033%
       6 Month 7.758%

  * When the Interest Payment Date falls on a non business
  day one of the following Date Conventions will be applied,
  as specified for each individual bond:
     1. Following – This means that the interest will be paid
        on the first business day after the weekend or public
        holiday.
     2. Modified Following – The same rule as above applies.
        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 / public holiday
        will be used instead.
     3. Preceding – This means that the interest will be paid
        on the last business day before the weekend or public
        holiday.

  15 March 2016

  Sponsor
  Nedbank Capital, a division of Nedbank Limited

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