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Release Date: 21/07/2021 17:10
Code(s): APF16     PDF:  
Wrap Text
APF16 - Listing of Tap Issue

Accelerate Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2005/015057/06)
Company code: APFE
(Approved as a REIT by the JSE)
Bond code: APF16
ISIN: ZAG000176967


The JSE Limited has granted Accelerate the additional listing of its Senior Secured Floating Rate
Notes, in terms of its Domestic Medium Term Note Programme (“the Programme”) dated 9
September 2014, effective 23 July 2021.

Debt Security Code:                         APF16
ISIN:                                       ZAG000176967
Type of Debt Security:                      Floating Rate Notes
Nominal Before Issue:                       ZAR 60 000 000.00
Nominal Issued:                             ZAR 24 000 000.00
Nominal After Issue:                        ZAR 84 000 000.00
Issue Date:                                 23 July 2021
Issue Price:                                100.873748%
Coupon Rate:                                3 Month JIBAR plus 325 basis points
Interest Commencement Date:                 07 June 2021
Interest Determination Date(s):             07 February, 07 May, 07 August and 07 November of
                                            each year until the Maturity Date, with the first Interest
                                            Rate Determination Date being 02 June 2021
First Interest Payment Date:                07 August 2021
Interest Payment Date(s):                   07 February, 07 May, 07 August and 07 November of
                                            each year until the Maturity Date
Last Day to Register:                       By 17h00 on 27 January, 26 April, 27 July and 27
                                            October of each year until the Maturity Date
Books Close:                                28 January, 27 April, 28 July and 28 October of each
                                            year until the Maturity Date
Business Day Convention:                    Following Business Day
Maturity Date:                              07 August 2024
Final Maturity Amount:                      100% of Nominal Amount
Other:                                      The pricing supplement contains additional terms and
                                            conditions to the terms and conditions as contained in
                                            the Programme
Summary of Additional Terms:                Please refer to the description of the security
                                            arrangements under Appendix A, the additional terms
                                            and conditions under Appendix B, which includes the
                                            Guarantee, Financial Covenants and the Negative
                                            Undertakings, the debt Guarantee under Appendix C,
                                            the Additional Documents Incorporated by Reference
                                            under Appendix D and the description of the
                                            Guarantors and the Trustee under Appendix E of the
                                            pricing supplement

Programme Amount:                           ZAR 5 000 000 000.00
Total Notes in Issue Under Programme:       ZAR 1 891 000 000.00, exclusive of this issuance
                                            of notes
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank

21 July 2021

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 21-07-2021 05:10:00
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