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NORTHAM PLATINUM LIMITED - Listing of new financial instruments NHM006 and NHM007

Release Date: 15/04/2019 15:00
Code(s): NHM006 NHM007
 
Wrap Text
Listing of new financial instruments – NHM006 and NHM007

NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Debt issuer code: NHMI
Bond code: NHM006 Bond ISIN: ZAG000158577
Bond code: NHM007 Bond ISIN: ZAG000158593
(“Northam”)

LISTING OF NEW FINANCIAL INSTRUMENTS – NHM006 AND NHM007

The JSE Limited (“JSE”) has granted approval for the listing of NHM006 and NHM007 Senior Unsecured Floating
Rate Notes, under the Northam Platinum Limited ZAR2 000 000 000 Domestic Medium Term Note Programme
dated 3 August 2012 (“the Programme”), as guaranteed by Booysendal Platinum Proprietary Limited, with effect
from 16 April 2019.


The details pertaining to NHM006 are as follows:


 Instrument Type:                                     Senior Unsecured Floating Rate Notes
 Total Notes in Issue:                                ZAR1 975 000 000.00 including this issue
 Instrument Code                                      NHM006
 Nominal Amount:                                      ZAR250 000 000.00
 Issue Price:                                         100%
 Interest Rate:                                       10.408% (3 Month ZAR-JIBAR as at 12 April 2019 of
                                                      7.158% plus 325 bps)
 Coupon Rate Indicator:                               Floating
 Issue Date:                                          16 April 2019
 Interest Commencement Date:                          16 April 2019
 Maturity Date:                                       16 April 2021
 Final Redemption Amount:                             100% of Nominal Amount
 Last Day to Register:                                By 17:00 on 5 April, 5 July, 5 October and 5 January
                                                      of each year until the Maturity Date
 Books Close:                                         6 April, 6 July, 6 October and 6 January of each year
                                                      until the Maturity Date
 Interest Payment Date:                               16 April, 16 July, 16 October and 16 January of each
                                                      year until the Maturity Date
 ISIN No:                                             ZAG000158577
 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/investors-and-media/jse-
                                                      equity-and-debt-listings


The details pertaining to NHM007 are as follows:


 Instrument Type:                                     Senior Unsecured Floating Rate Notes
 Total Notes in Issue:                                ZAR1 975 000 000.00 including this issue
 Instrument Code                                      NHM007
 Nominal Amount:                                      ZAR300 000 000.00
 Issue Price:                                         100%
 Interest Rate:                                       10.908% (3 Month ZAR-JIBAR as at 12 April 2019 of
                                                      7.158% plus 375 bps)
 Coupon Rate Indicator:                               Floating
 Issue Date:                                          16 April 2019
 Interest Commencement Date:                          16 April 2019
 Maturity Date:                                       16 April 2022
 Final Redemption Amount:                             100% of Nominal Amount
 Last Day to Register:                                By 17:00 on 5 April, 5 July, 5 October and 5 January
                                                      of each year until the Maturity Date
 Books Close:                                         6 April, 6 July, 6 October and 6 January of each year
                                                      until the Maturity Date
 Interest Payment Date:                               16 April, 16 July, 16 October and 16 January of each
                                                      year until the Maturity Date
 ISIN No:                                             ZAG000158593
 Business Day Convention:                             Following Business Day
 Other:                                               The APS contains additional terms and conditions to
                                                      the terms and conditions as contained in the Terms
                                                      and Conditions
 Summary of additional terms and conditions:          The additional terms and conditions pertain to the
                                                      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/investors-and-media/jse-
                                                      equity-and-debt-listings



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


Johannesburg
15 April 2019


Arranger, Dealer and Debt Sponsor
One Capital

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

Date: 15/04/2019 03:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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