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PREMIUM PROPERTIES LIMITED - New Financial Instrument Listing Announcement: PMM33

Release Date: 02/03/2017 08:55
Code(s): PMM33     PDF:  
Wrap Text
New Financial Instrument Listing Announcement: PMM33

PREMIUM PROPERTIES LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1994/003601/06)

("Premium" or "the company")

Stock Code:   PMM33
ISIN Code:    ZAG000142472

New Financial Instrument Listing Announcement: PMM33

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 02 March 2017 under
Premium’s Domestic Medium Term Note Programme dated 23
February 2015.

Authorised Programme size      R3,000,000,000.00
Total Notes Outstanding        R726,000,000.00

INSTRUMENT TYPE:               COMMERCIAL PAPER FLOATING RATE NOTE

Bond Code                   PMM33
Nominal Issued              R 65,000,000.00
Issue Price                 100%
Coupon                      8,333% (3 Month JIBAR as at 23
                            February 2017 of 7.3330% plus 100
                            bps)
Coupon Rate Indicator       Floating
Trade Type                  Price
Final Maturity Date         1 September 2017
Books Close                 22 May 2017, 22 August 2017
Interest Payment Date(s)    01 June, 01 September
Last Day to Register        By 17:00 on 21 May 2017, 21
                            August 2017
Issue Date                  2 March 2017
Date Convention             Modified Following
Interest Commencement Date  2 March 2017
First Interest Payment Date 01 June 2017
ISIN No.                    ZAG000142472
Additional Information      Senior Unsecured Floating Rate

Applicable Pricing Supplement

https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/Bond
Documents/PMM33%20Pricing%20Supplement%2020170302.PDF
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 4634
Anthony Stein         Premium Properties   (012) 319 8780

2nd March 2017

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

Date: 02/03/2017 08:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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