RESILIENT REIT LIMITED - BIRPIF - Financial Covenants Notification

BIRPIF - Financial Covenants Notification

Resilient REIT Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2002/016851/06)
Company code: BIRPIF
(Approved as a REIT by the JSE)
(“Resilient” or “the Issuer”)

FINANCIAL COVENANTS NOTIFICATION

Bondholders are advised of the following financial covenant report.

The Issuer’s financial covenant requirements, applicable to the listed notes, is required to be as
follows:
     • Loan to Value Ratio (“LTV ratio”) does not exceed 50% for the Resilient Group.

The Issuer confirms that the financial covenant testing for the period has been completed and has
been successfully passed, with the LTV ratio measuring 41.81% as at 30 June 2018.


28 August 2018

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

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