Listing of a tap issue – NHM001

Published on 11 July 2013

The Johannesburg Stock Exchange (JSE) has granted approval with effect from 11 July 2013 for the listing of a tap issue of NHM001 Senior Unsecured Floating Rate Notes, under the Northam R2 000 000 000 Domestic Medium Term Note Programme dated 3 August 2012.

Instrument Type Floating Rate Notes
Total Notes in Issue R1 370 000 000 as at the Issue Date
   
Instrument Code: NHM001
Nominal Issued: R120 000 000
Total NHM001 Notes in Issue: R1 370 000 000
Issue Price: 101.261515%
Interest Rate: 8.625% (3-month Jibar of 5.125% as at 4 June 2013 plus 350 basis points)
Coupon Rate Indicator:  Floating
Tap Issue Date: 11 July 2013
Interest Commencement Date:  4 June 2013
Initial Issue Date: 4 September 2012
Maturity Date: 4 September 2015
Last Day to Register: By 17h00 on 22 February, 24 May, 24 August and 23 November of each year until the Maturity Date
Books Close: 23 February, 25 May, 25 August and 24 November of each year until the Maturity Date
Interest Payment Dates:       4 March, 4 June, 4 September and 4 December of each year until the Maturity Date
First Interest Payment Date: 4 September 2013
Interest Reset Dates: 4 March, 4 June, 4 September and 4 December of each year until the Maturity Date
ISIN: ZAG000099524
Business Day Convention: Modified Following
Dealer: Nedbank Capital
Arranger: One Capital

Notes:

  1. The tap issue notes were placed at a lower interest rate of Jibar plus 330bps, which is accounted for in the issue price.
  2. The Notes will be immobilised in the Central Securities Depository (“CSD”) and settlement will take place electronically in terms of the JSE Rules.

11 July 2013

Debt Sponsor
One Capital