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KAP INDUSTRIAL HOLDINGS LIMITED - New Listing - KAP008

Release Date: 25/11/2016 14:15
Code(s): KAP008     PDF:  
Wrap Text
New Listing - KAP008

KAP INDUSTRIAL HOLDINGS LIMITED
JSE Code:      KAP008
ISIN No:       ZAG000140971


New Listing

The JSE Limited has granted a listing to (KAP Industrial Holdings Limited –
“KAP008”) 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                             KAP008
Nominal Issued                        R 374,000,000.00
Issue Price                           100%
Coupon                                9.367% (3 Month Jibar as at 21 November
                                      2016 of 7.367% plus 200bps)
Coupon Rate Indicator                 Floating
Trade Type                            Price
Final Maturity Date                   28 November 2019
Books Close                           18 February, 18 May, 18 August, 18
                                      November
Interest Payment Date(s)              28 February, 28 May, 28 August, 28
                                      November
Last Day to Register                  By 17:00 on 17 February, 17 May, 17
                                      August and 17 November of each year
                                      until the Maturity Date
Issue Date                            28 November 2016
Date Convention                       Following
Interest Commencement Date            28 November 2016
First Interest Payment Date           28 February 2017
ISIN No.                              ZAG000140971
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
Corporate Actions       JSE                      +27 11 520 7000


Date 25 November 2016

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

Equity Sponsor:
PSG Capital




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Date: 25/11/2016 02:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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