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NORTHAM PLATINUM LIMITED - Listing of new financial instrument NHM020

Release Date: 24/11/2020 17:00
Code(s): NHM020     PDF:  
Wrap Text
Listing of new financial instrument – NHM020

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Debt issuer code: NHMI
Bond code: NHM020 Bond ISIN: ZAG000172594
(“Northam”)

LISTING OF NEW FINANCIAL INSTRUMENT – NHM020

The JSE Limited (“JSE”) has granted approval for the listing of NHM020 Senior Unsecured Floating Rate Notes
(“Notes”) issued under the Northam Platinum Limited ZAR15 000 000 000 Domestic Medium Term Note
Programme, dated 29 October 2020, as amended and/or supplemented from time to time (“Programme”), as
guaranteed by Booysendal Platinum Proprietary Limited, with effect from 25 November 2020.


The details pertaining to the issue of NHM020 are as follows:

 Instrument Type:                                     Senior Unsecured Floating Rate Notes
 Total Notes in Issue:                                ZAR7 131 615 839.00 (inclusive of this issue and the tap
                                                      issuances under series NHM011, NHM014, NHM016,
                                                      NHM018 and NHM019, all issuing on 25 November 2020)
 Instrument Code                                      NHM020
 Nominal Amount:                                      ZAR132 000 000.00
 Issue Price:                                         100%
 Interest Rate:                                       3 Month ZAR-JIBAR plus 375 bps per annum
 Interest Rate Determination Date(s):                 25     February,     25     May,      25     August       and
                                                      25 November (or the first Business Day of each Interest
                                                      Period) of each year until the Maturity Date with the first
                                                      Interest Rate Determination Date being 20 November
                                                      2020
 Coupon Rate Indicator:                               Floating
 Issue Date:                                          25 November 2020
 Interest Commencement Date:                          25 November 2020
 Maturity Date:                                       25 November 2023
 Final Redemption Amount:                             100% of Nominal Amount
 Last Day to Register:                                By 17h00 on 14 February, 14 May, 14 August and
                                                      14 November of each year until the Maturity Date, or if
                                                      such day is not a Business Day, the Business Day before
                                                      each Books Closed Period
 Books Closed Period:                                 15 February to 24 February, 15 May to 24 May, 15 August
                                                      to 24 August and 15 November to 24 November of each
                                                      year until the Maturity Date (all dates inclusive), or if any
                                                      early redemption occurs, 10 Days prior to the actual
                                                      Redemption Date
 Floating Interest Payment Date(s):                   25 February, 25 May, 25 August and 25 November of
                                                      each year until the Maturity Date or, if such day is not a
                                                      Business Day, the Business Day on which interest will be
                                                      paid, as determined in accordance with the Applicable
                                                      Business Day Convention
 International Securities Identification Numbering    ZAG000172594
 (ISIN):
 Business Day Convention:                             Following Business Day
 Other:                                               The applicable pricing supplement (“APS”) does not
                                                      contain additional terms and conditions to the terms and
                                                      conditions as contained in the Programme. The APS is
                                                      available on Northam’s website:
                                                      https://www.northam.co.za/downloads/send/96-
                                                      files/1331-applicable-pricing-supplement-nhm020-tap-
                                                      issue
 Additional Terms and Conditions:                     Not applicable




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

Johannesburg
24 November 2020


Sole Arranger, Dealer and Debt Sponsor to Northam in respect of the Programme
One Capital

Attorneys to Northam, the Arranger and the Dealer in respect of the Programme
Bowman Gilfillan Inc.

Date: 24-11-2020 05:00:00
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