HOSPITALITY PROPERTY FUND LIMITED - HPF11 - Listing of New Financial Instrument

HPF11 - Listing of New Financial Instrument

Hospitality Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2005/014211/06)
Company code: HPAI
(Approved as a REIT by the JSE)
Bond Code: HPF11
ISIN: ZAG000149287
(“Hospitality”)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted Hospitality the listing of its Senior Secured Floating Rate Notes, in terms of its
Domestic Medium Term Note Programme (“the Programme”) dated 28 April 2017, effective 19 February 2018.

Debt Security Code:                         HPF11
ISIN:                                       ZAG000149287
Type of Debt Security:                      Floating Rate Notes
Nominal Issued:                             ZAR 600 000 000
Issue Date:                                 19 February 2018
Issue Price:                                100%
Coupon Rate:                                3 Month JIBAR plus 195 basis points
Interest Commencement Date:                 19 February 2018
Interest Determination Date(s):             31 March, 30 June, 30 September and 31 December, with the first
                                            interest determination date being 14 February 2018
First Interest Payment Date:                31 March 2018
Interest Payment Date(s):                   31 March, 30 June, 30 September and 31 December of each year
                                            until maturity
Last Day to Register:                       By 17h00 on 20 March, 19 June, 19 September and 20 December
                                            of each year until maturity
Books Close:                                21 March, 20 June, 20 September and 21 December of each year
                                            until maturity
Business Day Convention:                    Following Business Day
Maturity Date:                              31 March 2023
Final Maturity Amount:                      100% of the Nominal Amount
Other:                                      The pricing supplement contains additional terms and conditions
Summary of Additional Terms:                The pricing supplement contains an “Appendix B” which sets out,
                                            among others, provisions relating to guarantees and financial
                                            covenants.

Programme Amount:                           ZAR 5 000 000 000
Total Notes in Issue Under Programme:       ZAR 890 000 000, exclusive of this issuance of notes
Dealer:                                     FirstRand Bank Limited, acting through its Rand Merchant Bank
                                            division

The Notes will be immobilised in the Central Securities Depository and settlement will take place electronically
in terms of JSE Rules.

16 February 2018

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

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