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KAP INDUSTRIAL HOLDINGS LIMITED - KAP INDUSTRIAL HOLDINGS LIMITED - NEW LISTING

Release Date: 25/10/2016 14:45
Code(s): KAP007     PDF:  
Wrap Text
KAP INDUSTRIAL HOLDINGS LIMITED - NEW LISTING

KAP INDUSTRIAL HOLDINGS LIMITED
JSE Code:      KAP007
ISIN No:       ZAG000140120


New Listing

The JSE Limited has granted a listing to (KAP Industrial Holdings Limited –
“KAP007”) 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:                    FIXED RATE NOTE

Bond Code                              KAP007
Nominal Issued                         R 420,000,000.00
Issue Price                            100%
Coupon                                 10.228% (NACS)
Coupon Rate Indicator                  Fixed
Trade Type                             Yield
Final Maturity Date                    26 October 2021
Books Close                            16 April and 16 October
Interest Payment Date(s)               26 April and 26 October
Last Day to Register                   By 17:00 on 15 April and 15 October
Issue Date                             26 October 2016
Date Convention                        Following
Interest Commencement Date             26 October 2016
First Interest Payment Date            16 April 2017
ISIN No.                               ZAG000140120
Additional Information                 Senior Unsecured Fixed 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 25 October 2016

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




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