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NORTHAM PLATINUM LIMITED - Listing of new financial instruments NHM008 and NHM009

Release Date: 25/04/2019 12:00
Code(s): NHM008 NHM009     PDF:  
Wrap Text
Listing of new financial instruments – NHM008 and NHM009

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Debt issuer code: NHMI
Bond code: NHM008 Bond ISIN: ZAG000158858
Bond code: NHM009 Bond ISIN: ZAG000158866
(“Northam”)

LISTING OF NEW FINANCIAL INSTRUMENTS – NHM008 AND NHM009

The JSE Limited (“JSE”) has granted approval for the listing of NHM008 and NHM009 Senior Unsecured Floating
Rate Notes, under the Northam Platinum Limited ZAR2 000 000 000 Domestic Medium Term Note Programme
dated 3 August 2012 (“Programme”), as guaranteed by Booysendal Platinum Proprietary Limited, with effect
from 26 April 2019.

The details pertaining to NHM008 are as follows:


 Instrument Type:                                  Senior Unsecured Floating Rate Notes
 Total Notes in Issue:                             ZAR1 975 000 000.00 including this issue
 Instrument Code                                   NHM008
 Nominal Amount:                                   ZAR200 000 000.00
 Issue Price:                                      100%
 Interest Rate:                                    3 Month ZAR-JIBAR plus 240 bps, being 9.558% on the
                                                   first Interest Rate Determination Date (3 Month ZAR-
                                                   JIBAR as at 24 April 2019 of 7.158% plus 240 bps)
 Coupon Rate Indicator:                            Floating
 Issue Date:                                       26 April 2019
 Interest Commencement Date:                       26 April 2019
 Interest Rate Determination Date(s):              24 April 2019, 26 July 2019, 26 October 2019 and
                                                   26 January 2020
 Maturity Date:                                    26 April 2020
 Final Redemption Amount:                          100% of Nominal Amount
 Last Day to Register:                             By 17h00 on 15 July 2019, 15 October 2019, 15 January
                                                   2020 and 15 April 2020
 Books Close Period:                               16 July 2019, 16 October 2019, 16 January 2020 and 16
                                                   April 2020
 Interest Payment Date(s):                         26 July 2019, 26 October 2019, 26 January 2020 and 26
                                                   April 2020
 ISIN No:                                          ZAG000158858
 Business Day Convention:                          Following Business Day
 Other:                                            The applicable pricing supplement (“APS”) contains
                                                   additional terms and conditions to the terms and
                                                   conditions as contained in the Programme Memorandum,
                                                   dated 3 August 2012, (“Terms and Conditions”)
 Summary of additional terms and conditions:       The additional terms and conditions pertain to the
                                                   applicable guarantee and the amendment of Condition
                                                   16.1 (Senior Notes) by including additional Events of
                                                   Default in terms of Condition 16.1.1.9 (Other) of the
                                                   Terms and Conditions. Investors should refer to Appendix
                                                   “A” of the APS for full details of the additional terms and
                                                   conditions,     available     on     Northam’s      website:
                                                   http://www.northam.co.za/downloads/send/96-files/1173-
                                                   applicable-pricing-supplement-nhm008-r200m


The details pertaining to NHM009 are as follows:

 Instrument Type:                                  Senior Unsecured Floating Rate Notes
 Total Notes in Issue:                             ZAR1 975 000 000.00 including this issue
 Instrument Code                                   NHM009
 Nominal Amount:                                   ZAR250 000 000.00
 Issue Price:                                      100%
 Interest Rate:                                    3 Month ZAR-JIBAR plus 375 bps, being 10.908% on
                                                   the first Interest Rate Determination Date (3 Month
                                                   ZAR-JIBAR as at 24 April 2019 of 7.158% plus 375
                                                   bps)
 Coupon Rate Indicator:                            Floating
 Issue Date:                                       26 April 2019
 Interest Commencement Date:                       26 April 2019
 Interest Rate Determination Date(s):              26 April, 26 July, 26 October and 26 January of each
                                                   year until the Maturity Date, with the first Interest Rate
                                                   Determination Date being 24 April 2019
 Maturity Date:                                    26 April 2022
 Final Redemption Amount:                          100% of Nominal Amount
 Last Day to Register:                             By 17h00 on 15 April, 15 July, 15 October and
                                                   15 January of each year until the Maturity Date
 Books Close Period:                               16 April, 16 July, 16 October and 16 January of each
                                                   year until the Maturity Date
 Interest Payment Date(s):                         26 April, 26 July, 26 October and 26 January of each
                                                   year until the Maturity Date, with the first Interest
                                                   Payment Date being 26 July 2019
 ISIN No:                                          ZAG000158866
 Business Day Convention:                          Following Business Day
 Other:                                            The APS contains additional terms and conditions to
                                                   the Terms and Conditions
 Summary of additional terms and conditions:       The additional terms and conditions pertain to the
                                                   applicable guarantee and the amendment of Condition
                                                   16.1 (Senior Notes) by including additional Events of
                                                   Default in terms of Condition 16.1.1.9 (Other) of the
                                                   Terms and Conditions. Investors should refer to
                                                   Appendix “A” of the APS for full details of the additional
                                                   terms and conditions, available on Northam’s website:
                                                   http://www.northam.co.za/downloads/send/96-
                                                   files/1174-applicable-pricing-supplement-nhm009-
                                                   r250m



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


Johannesburg
25 April 2019


Arranger, Dealer and Debt Sponsor
One Capital

Attorneys to Northam in respect of the Notes
Bowman Gilfillan Inc.

Date: 25/04/2019 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
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