REDINK RENTAL (RF) LIMITED - Tap Issue Announcement - RED705

Tap Issue Announcement - RED705

REDINK RENTALS (RF) LIMITED
Date: 25 February 2021
Stock Code: RED705


Tap Issue Announcement

The JSE Limited has granted a listing to REDINK RENTALS (RF) LIMITED on Interest
Rate Market with effect from 17 April 2020 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     789,612,409.00

Bond Code                               RED705
Nominal Issued                        R40,000,000.00
Issue Price                               101,354%
Coupon                                    11.492% (3 Month JIBAR as at 18 Jan 2021 of 3.642%
                                                 plus 785 bps)
Coupon Indicator                    Floating
Trade Type                              Price
Maturity Date                          17 April 2030
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                               2 March 2021
Date Convention                     Following
Call / Step Up Date                 17 April 2023
ISIN No.                                   ZAG000167560
First Interest Date                   17 July 2020
Next Interest Payment Date   19 April 2021
Additional Information            Secured Class C 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 10 822 7993
Email: charlize@red-inc.co.za

Date: 25-02-2021 02:32:00
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