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PREMIUM PROPERTIES LIMITED - New Financial Instrument Listing Announcement: PMM43

Release Date: 07/03/2018 09:45
Code(s): PMM43     PDF:  
Wrap Text
New Financial Instrument Listing Announcement: PMM43

PREMIUM PROPERTIES LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1994/003601/06)

("Premium" or "the company")

Stock Code:   PMM43
ISIN Code:    ZAG000149980

New Financial Instrument Listing Announcement: PMM43

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 7 March 2018 under
Premium’s Domestic Medium Term Note Programme dated 23
February 2015.

Authorised Programme size      R3,000,000,000.00
Total Notes Outstanding        R1,113,500,000.00

INSTRUMENT TYPE:               FLOATING RATE NOTE

Bond Code                   PMM43
Nominal Issued              R 250,000,000.00
Issue Price                 100%
Coupon                      3 Month JIBAR as at 02 March of
                            7.125% plus 135 bps
Coupon Rate Indicator       Floating
Trade Type                  Price
Final Maturity Date         28 February 2019
Books Close                 18 February, 18 May, 18 August,
                            18 November
Interest Payment Date(s)    28 February, 28 May, 28 August,
                            28 November
Last Day to Register        By 17:00 on 17 February, 17 May,
                            17 August,17 November
Issue Date                  7 March 2018
Date Convention             Modified Following
Interest Commencement Date  7 March 2018
First Interest Payment Date 28 May 2018
ISIN No.                    ZAG000149980
Additional Information      Senior Unsecured Floating Rate

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

7 March 2018

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

Date: 07/03/2018 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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