Accelerate Property Fund Limited
Management Office 1st Floor
Cedar Square Shopping Centre
Willow Ave
Fourways
Johannesburg
2055
Tel: 010 001 0790
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: APF18
ISIN: ZAG000189150 ("Accelerate" or the "Issuer")
LISTING OF NEW FINANCIAL INSTRUMENT
The JSE Limited has granted Accelerate the listing of its Senior Secured Floating Rate Notes, in terms of the Accelerate Domestic Medium Term Note Programme dated 9 September 2014 (the "Programme"), effective 22 August 2022.
Debt Security Code: | APF18 |
ISIN: | ZAG000189150 |
Type of Debt Security: | Floating Rate Notes |
Nominal Issued: | ZAR 450 000 000.00 |
Issue Date: | 22 August 2022 |
Issue Price: | 100% |
Coupon Rate: | 3 Month JIBAR plus 300 basis points |
Interest Commencement Date: | 22 August 2022 |
Interest Rate Determination Date(s): | 22 November, 22 February, 22 May and 22 August of |
each year until the Maturity Date, with the first Interest | |
Rate Determination Date being 17 August 2022 | |
First Interest Payment Date: | 22 November 2022 |
Interest Payment Date(s): | 22 November, 22 February, 22 May and 22 August of |
each year until the Maturity Date | |
Last Day to Register: | By 17h00 on 11 November, 11 February, 11 May and 11 |
August of each year until the Maturity Date | |
Books Close: | 12 November, 12 February, 12 May and 12 August of |
each year until the Maturity Date | |
Business Day Convention: | Following Business Day |
Maturity Date: | 22 August 2025 |
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 the Programme | ZAR 1 755 290 000.00, exclusive of this issuance |
as at the issue date: | of notes |
Dealer: | Rand Merchant Bank, a division of FirstRand Bank |
Limited |
19 August 2022
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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Accelerate Property Fund Ltd. published this content on 19 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 August 2022 10:53:02 UTC.