Wrap Text
CAR001 CAR002 - Listing of New Financial Instruments
CENTRAFIN ASSET RENTALS (RF) LIMITED
(Incorporated with limited liability in the Republic of South Africa)
Registration number: 2024/633176/06
JSE Alpha Code: CEAI
("Centrafin" or the "Company")
Listing of New Financial Instruments
Centrafin is pleased to announce that the Johannesburg Stock Exchange ("JSE") has formally approved its
R3 billion Asset-Backed Note Programme ("Programme Memorandum") on 26 September 2025. This
milestone marks a significant step in Centrafin's strategic growth, enabling the Company to issue secured,
limited recourse notes to support its ongoing investment in high-quality, income-generating assets. The
programme reflects Centrafin's commitment to structured finance innovation and its role in deepening South
Africa's capital markets.
The first financial instruments that are being issued and listed in terms of its Programme Memorandum are as
follows:
New instrument: CAR001
Authorised programme size: R3,000,000,000.00
Total amount in issue after this issuance: R790,000,000.00
Instrument type: Class A floating rate notes
Nominal issued: R720,000,000.00
Issue date: 24 October 2025
Coupon Rate: 1.85% per annum added to the relevant Reference Rate up to
but excluding the step-up date
Issue price: 100%
Date convention: Modified following business day
Trade type: Price
Step-up date 24 October 2028
Step-Up Rate: 2.45% per annum to be added to the relevant reference rate from
and including the step-up date until the final redemption date
Final redemption date: 28 October 2035
Books close dates: 19 January, 19 April, 19 July and 19 October of each year until
final redemption date
Interest payment dates: 24 October, 24 January, 24 April and 24 July
Last day to register: By 17:00 on 18 January, 18 April, 18 July and 18 October in each
year until the final redemption date
Interest commencement date: 24 October 2025
First interest payment date: 24 January 2026
ISIN: ZAG000220161
New instrument: CAR002
Authorised programme size: R3,000,000,000
Total amount in issue after this issuance: R790,000,000.00
Instrument type: Class B floating rate notes
Nominal issued: R70,000,000
Issue date: 24 October 2025
Coupon Rate: 2.45% as at 21 October 2025 per annum added to the relevant
Reference Rate up to but excluding the step-up date
Issue price: 100%
Date convention: Modified following business day
Trade type: Price
Step-Up Rate: 3.05% per annum to be added to the relevant reference rate from
and including the step-up date until the final redemption date
Step-up date 24 October 2028
Step-Up Rate: 2.45% per annum to be added to the relevant reference rate from
and including the step-up date until the final redemption date
Final redemption date: 24 October 2035
Books close dates: 19 January, 19 April, 19 July and 19 October of each year until
final redemption date
Interest payment dates: 24 October, 24 January, 24 April and 24 July
Last day to register: By 17:00 on 18 January, 18 April, 18 July and 18 October in each
year until the final redemption date
Interest commencement date: 24 October 2025
First interest payment date: 24 January 2026
ISIN: ZAG000220153
The Applicable Pricing Supplements are available at: Investor Relations - Centrafin
The notes relating to the new financial instruments will be dematerialised in the Central Securities Depository
("CSD") and settlement will take place electronically in terms of JSE Rules.
23 October 2025
Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 23-10-2025 08:30:00
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