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NORTHAM PLATINUM LIMITED - Northam places R1.35 billion of domestic medium term notes

Release Date: 20/11/2019 17:00
Wrap Text
Northam places R1.35 billion of domestic medium term notes

Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Share code: NHM ISIN: ZAE000030912
Debt issuer code: NHMI
Bond code: NHM002       Bond ISIN: ZAG000129024
Bond code: NHM006       Bond ISIN: ZAG000158577
Bond code: NHM007       Bond ISIN: ZAG000158593
Bond code: NHM008       Bond ISIN: ZAG000158858
Bond code: NHM009       Bond ISIN: ZAG000158866
Bond code: NHM010       Bond ISIN: ZAG000159229
Bond code: NHM011       Bond ISIN: ZAG000159237
Bond code: NHM012       Bond ISIN: ZAG000160136
Bond code: NHM013       Bond ISIN: ZAG000162181
Bond code: NHM014       Bond ISIN: ZAG000163650



Northam is pleased to announce that it has completed a private placement of domestic medium term notes
(“Notes”) to the value of R1.35 billion (“New Notes”) in an oversubscribed bookbuild, under Northam’s R5 billion
Domestic Medium Term Note Programme (“Programme”). The New Notes were issued today on the Interest
Rate Market of the JSE Limited as announced on SENS on 19 November 2019 and will mature two years from
the date of issue. The New Notes attract a floating rate coupon of 2.50% per annum above a 3 month ZAR-JIBAR
and interest will be payable quarterly.

The proceeds from the New Notes will be applied towards Northam’s revolving credit facility (“RCF”), thereby
increasing the available undrawn balance and lowering the effective cost of funding under the RCF over time.

Following the placement of the New Notes, the total nominal value of Notes in issue under the Programme will
amount to R3.675 billion.

20 November 2019

Corporate Advisor, Sponsor and Debt Sponsor to Northam
One Capital

Sole Arranger and Dealer to Northam in respect of the Notes
One Capital

Legal Advisors to Northam, the Arranger and the Dealer in respect of the Notes
Bowman Gilfillan Inc.

Date: 20/11/2019 05:00:00
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