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KAP INDUSTRIAL HOLDINGS LIMITED - New Listing - KAP006

Release Date: 17/10/2016 16:47
Code(s): KAP006     PDF:  
Wrap Text
New Listing - KAP006

KAP INDUSTRIAL HOLDINGS LIMITED
JSE Code:      KAP006
ISIN No:       ZAG000137738


New Listing

The JSE Limited has granted a listing to (KAP Industrial Holdings Limited –
“KAP006”) under its DMTN programme dated 5 June 2014. The notes are jointly
and   severally    and   unconditionally     and   irrevocably   guaranteed    by    KAP
Automotive    Proprietary    Limited;   KAP    Bedding   Proprietary    Limited;     KAP
Diversified    Industrial     Proprietary     Limited;    PG   Bison   Southern     Cape
Proprietary   Limited;    Unitrans   Passenger     Proprietary   Limited;   Mvelatrans
Proprietary   Limited;      and   Unitrans    Supply   Chain   Solutions    Proprietary
Limited


INSTRUMENT TYPE:                   FLOATING RATE NOTE

Bond Code                        KAP006
Tap Amount                       R450,000,000.00
Total Amount Following Tap Issue R 710,000,000.00
Nominal Issued                   R 450,000,000.00
Issue Price                      100.49084 %
Coupon                           [•]% (3 Month JIBAR as at 29 September
                                 2016 of [•]% plus 225 bps)
Coupon Rate Indicator            Floating
Trade Type                       Price
Final Maturity Date              29 June 2021
Books Close                      19 September, 19 December, 19 March and
                                 19 June
Interest Payment Date(s)         29 September, 29 December, 29 March and
                                 29 June
Last Day to Register             By 17:00 on 18 September, 18 December,
                                 18 March and 18 June
Issue Date                       18 October 2016
Date Convention                  Following
Interest Commencement Date       29 September 2016
First Interest Payment Date      29 December 2016
ISIN No.                         ZAG000137738
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 Note issue please contact:
Johan Geldenhuys             Steinhoff                   +27 21 808 0709
                             International Group
                        Services
Prelini Moonsamy        JSE                      +27 11 520 7982


Date 17 October 2016

Debt Sponsor:
Nedbank Corporate and Investment Bank, a division of Nedbank Limited.

Equity Sponsor:
PSG Capital




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Date: 17/10/2016 04:47:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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