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PREMIUM PROPERTIES LIMITED - New Financial Instruments Listing Announcement: PMM37

Release Date: 24/05/2017 16:20
Code(s): PMM37     PDF:  
Wrap Text
New Financial Instruments Listing Announcement: PMM37

PREMIUM PROPERTIES LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1994/003601/06)

("Premium" or "the company")

Stock Code:   PMM37
ISIN Code:    ZAG000144270

New Financial Instruments Listing Announcement: PMM37

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 25 May 2017 under
Premium’s Domestic Medium Term Note Programme dated 23
February 2015.

Authorised Programme size      R3,000,000,000.00
Total Notes Outstanding        R815,500,000.00

INSTRUMENT TYPE:               COMMERCIAL PAPER FLOATING RATE NOTE

Bond Code                   PMM37
Nominal Issued              R 160,000,000.00
Issue Price                 100%
Coupon                      8.342% (3 Month JIBAR as at 18
                            May 2017 of 7.342% plus 100 bps)
Coupon Rate Indicator       Floating
Trade Type                  Price
Final Maturity Date         27 November 2017
Books Close                 17 August, 17 November
Interest Payment Date(s)    27 August, 27 November
Last Day to Register        By   17:00   on  16    August,  16
                            November
Issue Date                  25 May 2017
Date Convention             Modified Following
Interest Commencement Date  25 May 2017
First Interest Payment Date 27 August 2017
ISIN No.                    ZAG000144270
Additional Information      Senior Unsecured Floating Rate

Applicable Pricing Supplement

https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/Bond
Documents/PMM37%20Pricing%20Supplement%2020170525.PDF
The notes 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

24th May 2017

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

Date: 24/05/2017 04:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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