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PREMIUM PROPERTIES LIMITED - New Financial Instrument Listing Announcement: PMM41

Release Date: 06/11/2017 09:45
Code(s): PMM41     PDF:  
Wrap Text
New Financial Instrument Listing Announcement: PMM41

PREMIUM PROPERTIES LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1994/003601/06)

("Premium" or "the company")

Stock Code:   PMM41
ISIN Code:    ZAG000147893

New Financial Instrument Listing Announcement: PMM41

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 06 November 2017 under
Premium’s Domestic Medium Term Note Programme dated 23
February 2015.

Authorised Programme size      R3,000,000,000.00
Total Notes Outstanding        R1,093,500,000.00

INSTRUMENT TYPE:               FLOATING RATE NOTE

Bond Code                   PMM41
Nominal Issued              R 158,500,000.00
Issue Price                 100%
Coupon                      8.0500% (3 Month JIBAR as at 30
                            October 2017 of 7.0500% plus 100
                            bps)
Coupon Rate Indicator       Floating
Trade Type                  Price
Final Maturity Date         07 May 2018
Books Close                 28 January, 27 April
Interest Payment Date(s)    07 February, 07 May
Last Day to Register        By 17:00 on 27 January, 26 April
Issue Date                  06 November 2017
Date Convention             Modified Following
Interest Commencement Date  06 November 2017
First Interest Payment Date 07 February 2018
ISIN No.                    ZAG000147893
Additional Information      Senior Unsecured Floating Rate

Applicable Pricing Supplement
https://www.jse.co.za/content/JSEPricingSupplementsItems/2014/
BondDocuments/PMM41_Pricing%20Supplement%20_6Nov2017.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

06th November 2017

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

Date: 06/11/2017 09:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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