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PREMIUM PROPERTIES LIMITED - New Financial Instrument Listing Announcement: PMM32

Release Date: 25/11/2016 10:00
Code(s): PMM32     PDF:  
Wrap Text
New Financial Instrument Listing Announcement: PMM32

PREMIUM PROPERTIES LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1994/003601/06)

 ("Premium" or "the company")

Stock Code:   PMM32
ISIN Code:    ZAG000140906

New Financial Instrument Listing Announcement: PMM32

The JSE Limited has granted a listing to Premium, a wholly
owned subsidiary of Octodec Investments Limited, the guarantor
of the listed debt obligations of Premium on the Interest Rate
Market. The listing is effective from 25 November 2016 under
Premium’s Domestic Medium Term Note Programme dated 23
February 2015.

Authorised Programme size    R3,000,000,000.00
Total Notes Outstanding      R767,000,000.00

INSTRUMENT TYPE:             COMMERCIAL PAPER FLOATING RATE NOTE

Bond Code                   PMM32
Nominal Issued              R 29,000,000.00
Issue Price                 100%
Coupon                      8.3670% (3 Month JIBAR as at 22
                            Nov 2016 of 7.3670% plus 100 bps)
Coupon Rate Indicator       Floating
Trade Type                  Price
Final Maturity Date         25 May 2017
Books Close                 15 February, 15 May
Interest Payment Date(s)    25 February, 25 May
Last Day to Register        By 17:00 on 14 February, 14 May
Issue Date                  25 November 2016
Date Convention             Modified Following
Interest Commencement Date  25 November 2016
First Interest Payment Date 25 February 2017
ISIN No.                    ZAG000140906
Additional Information      Senior Unsecured Floating Rate

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 Notes issued please contact:

Allister Lamont-Smith Nedbank CIB          (011) 294 4833
Anthony Stein         Premium Properties   (012) 319 8780
25th November 2016

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

Date: 25/11/2016 10:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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