News/ Article

SENS

LISTING OF NEW FINANCIAL INSTRUMENTS

Friday, 7 September 2018

AECI Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1924/002590/06)
Company code: AECI
Bond code: AECI01 ISIN: ZAG000153974
Bond code: AECI02 ISIN: ZAG000153982
(“AECI”)

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 11 September 2018.

Debt Security Code: AECI01
ISIN: ZAG000153974
Nominal Issued: ZAR 360 000 000.00
Coupon Rate: 3 Month JIBAR plus 155 basis points
Maturity Date: 11 September 2021
   
Debt Security Code: AECI02
ISIN: ZAG000153982
Nominal Issued: ZAR 520 000 000.00
Coupon Rate: 3 Month JIBAR plus 175 basis points
Maturity Date: 11 September 2023
   
Type of Debt Security: Floating Rate Notes
Issue Date: 11 September 2018
Issue Price: 100%
Interest Commencement Date: 11 September 2018
Interest Determination Date(s): 11 March, 11 June, 11 September and 11 December of each year until maturity, with the first interest determination date being 6 September 2018
First Interest Payment Date: 11 December 2018
Interest Payment Date(s): 11 March, 11 June, 11 September and 11 December of each year until maturity
Last Day to Register: By 17h00 on 28 February (except in the year 2020 when this is 29 February), 31 May, 31 August and 30 November of each year until maturity
Books Close: 1 March, 1 June, 1 September and 1 December 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 0.00, 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.

7 September 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


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