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KAP INDUSTRIAL HOLDINGS LIMITED - KAP INDUSTRIAL HOLDINGS LIMITED - NEW LISTING

Release Date: 23/05/2017 17:20
Code(s): KAP007 KAP008 KAP003 KAP001 KAP002 KAP005 KAP006 KAP009     PDF:  
Wrap Text
KAP INDUSTRIAL HOLDINGS LIMITED - NEW LISTING

KAP INDUSTRIAL HOLDINGS LIMITED
JSE Code:      KAP009
ISIN No:       ZAG000144106


New Listing

The JSE Limited has granted a listing to (KAP Industrial Holdings Limited –
“KAP009”) 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                              KAP009
Nominal Issued                         R 500,000,000.00
Issue Price                            100%
Coupon                                 9.292% (3 Month Jibar as at 22 May 2017
                                       of 7.342% plus 195bps)
Coupon Rate Indicator                  Floating
Trade Type                             Price
Final Maturity Date                    24 May 2020
Books Close                            14 February, 14 May, 14 August, 14
                                       November
Interest Payment Date(s)               24 February, 24 May, 24 August, 24
                                       November
Last Day to Register                   By 17:00 on 13 February, 13 May, 13
                                       August, 13 November
Issue Date                             24 May 2017
Date Convention                        Following
Interest Commencement Date             24 May 2017
First Interest Payment Date            24 August 2017
ISIN No.                               ZAG000144106
Additional Information                 Senior Unsecured Floating Rate Notes
Use of Proceeds                        Refinancing of existing debt


The notes in this tranche are dematerialised and held in the Central
Securities   Depository  (“CSD”)   and  settlement   will take  place
electronically in terms of the debt listings requirements of the JSE.
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 23 May 2017


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

Equity Sponsor:
PSG Capital




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