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REDINK RENTAL (RF) LIMITED - Tap Issue Announcement. Stock Code: RED702

Release Date: 16/09/2019 09:00
Code(s): RED702     PDF:  
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Tap Issue Announcement. Stock Code: RED702

REDINK RENTALS (RF) LIMITED
Date: 16 September 2019
Stock Code: RED702


Tap Issue Announcement

The JSE Limited has granted a listing to REDINK RENTALS (RF) LIMITED on Interest
Rate Market with effect from 5 April 2019 under its Secured Note Programme dated
29 May 2015.

INSTRUMENT TYPE:              FLOATING RATE NOTE

Authorised Programme size     R 10,000,000,000.00
Total Notes Outstanding       R    321,477,154.00

Bond Code                     RED702
Nominal Issued                R 20,000,000.00
Issue Price                   102,521%
Coupon                        14.842% (3 Month JIBAR of 6.992% plus 785 bps)
Coupon Indicator              Floating
Trade Type                    Price
Maturity Date                 17 April 2026
Books Close                   12 January, 12 April, 12 July, 12 October
Interest Payment Date(s)      17 January, 17 April, 17 July, 17 October
Last Day to Register          By 17:00 on 11 January, 11 April, 11 July,
                              11 October
Issue Date                    17 September 2019
Date Convention               Following
Call / Step Up Date           17 April 2022
ISIN No.                      ZAG000158155
First Interest Date           17 July 2019
Next Interest Payment Date    17 October 2019
Additional Information        Secured Class B Notes

The note will be immobilised in the Central Securities Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Further information on the Note issue please contact:




Redinkcapital
Charlize Wiederkehr
Tel: +27 10 0052014
Email: charlize@red-inc.co.za

Date: 16/09/2019 09:00:00
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