19th Nov 2018 16:16
AECI Limited - Listing of New Financial InstrumentsAECI Limited - Listing of New Financial Instruments
PR Newswire
London, November 19
AECI Limited(Incorporated in the Republic of South Africa)(Registration No. 1924/002590/06)Company code: AECI
Bond code: AECI03 ISIN: ZAG000155227Bond code: AECI04 ISIN: ZAG000155235
(“AECI”)
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE Limited has granted AECI the listing of its Senior Unsecured Floating Rate Notes, in terms of its Domestic Medium Term Note Programme (“the Programme”) dated 4 September 2018 and guaranteed by AECI Mining Solutions Limited, Chemical Services Limited, Much Asphalt Proprietary Limited and AECI Mauritius Ltd, effective 21 November 2018.
| Debt Security Code: | AECI03 |
| ISIN: | ZAG000155227 |
| Nominal Issued: | ZAR 500 000 000.00 |
| Coupon Rate: | 3 Month JIBAR plus 151 basis points |
| Maturity Date: | 21 November 2022 |
| Debt Security Code: | AECI04 |
| ISIN: | ZAG000155235 |
| Nominal Issued: | ZAR 300 000 000.00 |
| Coupon Rate: | 3 Month JIBAR plus 156 basis points |
| Maturity Date: | 21 November 2023 |
| Type of Debt Security: | Floating Rate Notes |
| Issue Date: | 21 November 2018 |
| Issue Price: | 100% |
| Interest Commencement Date: | 21 November 2018 |
| Interest Determination Date(s): | 21 February, 21 May, 21 August and 21 November of each year until maturity, with the first interest determination date being 21 February 2019 |
| First Interest Payment Date: | 21 February 2019 |
| Interest Payment Date(s): | 21 February, 21 May, 21 August and 21 November of each year until maturity |
| Last Day to Register: | By 17h00 on 10 February, 10 May, 10 August and 10 November of each year until maturity |
| Books Close: | 11 February, 11 May, 11 August and 11 November of each year until maturity |
| Business Day Convention: | Following Business Day |
| Final Maturity Amount: | 100% of the Aggregate Nominal Amount |
| Other: | The pricing supplements do not contain additional terms and conditions or changes to the terms and conditions as contained in the Programme |
| Summary of Additional Terms: | Not Applicable |
| Programme Amount: | ZAR5 000 000 000.00 |
| Total Notes in Issue Under Programme: | ZAR 880 000 000.00, exclusive of these issuances of notes |
The Notes will be immobilised in the Central Securities Depository and settlement will take place electronically in terms of the JSE Rules.
19 November 2018
Debt Sponsor
RAND MERCHANT BANK
(A division of FirstRand Bank Limited)
Think Precinct, 1 Merchant Place
Cnr Fredman Drive & Rivonia Road
Sandton 2196, South Africa
P O Box 786273, Sandton, 2146, South Africa
Related Shares:
Aeci 5 1/2% Prf