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REDINK RENTAL (RF) LIMITED - Tap Issue Announcement - RED301

Release Date: 14/03/2017 11:59
Code(s): RED301     PDF:  
Wrap Text
Tap Issue Announcement - RED301

REDINK RENTALS (RF) LIMITED
Date: 14 March 2017
Stock Code: RED301
ISIN Code: ZAG000140575

Tap Issue Announcement

The JSE Limited has granted a listing to REDINK RENTALS (RF) LIMITED on Interest Rate Market with effect from 16 November 2016 under its Secured Note Programme dated 29 May 2015.

INSTRUMENT TYPE:             FLOATING RATE NOTE

Authorised Programme size    R 10,000,000,000.00
Total Notes Outstanding      R 50,812,688,00

Bond Code                      RED301
Nominal Issued               R 10,000,000.00
Issue Price                      100%
Coupon                             .....% (3 Month JIBAR as at 16 March 2017 of É% plus 450 bps)
Coupon Indicator             Floating
Trade Type                       Price
Maturity Date                   16 September 2021
Books Close                      11 March, 11 June, 11 September, 11 December
Interest Payment Date(s)     16 March, 16 June, 16 September, 16 December
Last Day to Register       By 17:00 on 10 March, 10 June, 10 September, 10 December
Issue Date                        16 March 2017
Date Convention              Following

The note will be immobilised in the Central Securities Depository ("CSD") and settlement will take place electronically in terms of JSE Rules. 
Further information on the Note issue please contact:

Redinkcapital
Charlize Wiederkehr
Tel: +27 10 0052014
Email: charlize@red-inc.co.za


























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