FORTRESS INCOME FUND LIMITED - FIFB11 - Listing of New Financial Instrument

FIFB11 - Listing of New Financial Instrument

Fortress Income Fund Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2009/016487/06)
Company code: FORT
(Approved as a REIT by the JSE)
Bond code: FIFB11
ISIN: ZAG000139262
(“Fortress”)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted Fortress the listing of its FIFB11 Senior Unsecured Floating Rate Notes, in terms
of its Domestic Medium Term Note Programme dated 7 June 2012, effective 9 February 2017.


INSTRUMENT TYPE:                  Floating Rate Notes
Programme Amount:                 ZAR 10,000,000,000.00
Total Notes in Issue:             ZAR 6,182,000,000.00, exclusive of this Issuance of Notes

Instrument Code:                  FIFB11
Nominal Issued:                   ZAR 300,000,000.00
Issue Price:                      100%
Interest Rate:                    9.1% (3 Month JIBAR as at 6 February 2017 of 7.350% plus 175bps)
Coupon Rate Indicator:            Floating
Issue Date:                       9 February 2017
Interest Commencement Date:       9 February 2017
First Interest Payment Date:      7 May 2017
Maturity Date:                    7 February 2020
Final Maturity Amount:            100% of Nominal Amount
Last Day to Register:             By 17h00 on 26 April, 27 July, 27 October and 27 January of each year
                                  until Maturity
Books Close:                      27 April, 28 July, 28 October and 28 January of each year until Maturity
Interest Payment Date(s):         7 May, 7 August, 7 November and 7 February of each year until Maturity
ISIN:                             ZAG000139262
Business Day Convention:          Following Business Day
Dealer:                           The Standard Bank of South Africa Limited, acting through its Corporate
                                  and Investment Banking division

The Notes will be immobilised in the Central Securities Depository and settlement will take place
electronically in terms of JSE Rules.


8 February 2017

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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