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KAP INDUSTRIAL HOLDINGS LIMITED - New Listing - KAP11

Release Date: 23/10/2017 16:50
Code(s): KAP11     PDF:  
Wrap Text
New Listing - KAP11

KAP INDUSTRIAL HOLDINGS LIMITED

(Incorporated in the Republic of South Africa)

(Registration number 1978/000181/06)

("KAP" or "the company")

Stock Code:        KAP011
ISIN Code:         ZAG000147703

New Listing

The JSE Limited has granted a listing to (KAP Industrial Holdings
Limited – “KAP011”) under its DMTN programme dated 5 June 2014. The
notes are jointly and severally and unconditionally and irrevocably
guaranteed    by    KAP   Automotive      Proprietary     Limited;   KAP   Bedding
Proprietary Limited; KAP Diversified Industrial Proprietary Limited; PG
Bison Southern Cape Proprietary Limited; Unitrans Passenger Proprietary
Limited;   Mvelatrans     Proprietary    Limited;   and   Unitrans   Supply   Chain
Solutions Proprietary Limited.


INSTRUMENT TYPE:                    FLOATING RATE NOTE

Bond Code                               KAP011
Nominal Issued                          R 448,000,000.00
Issue Price                             100%
Coupon                                  9.025% (3 Month JIBAR as at 18
                                        October 2017 of 7.025% plus 200
                                        bps)
Coupon Indicator                        Floating
Trade Type                              Price
Final Maturity Date                     24 October 2022
Books Close                             14   October,   14  January, 14
                                        April, 14 July
Interest Payment Date(s)                24   October,   24  January, 24
                                        April, 24 July
Last Day to Register                    By 17:00 on 13 October, 13
                                        January, 13 April, 13 July
Issue Date                              24 October 2017
Date Convention                         Following
Interest Commencement Date              24 October 2017
First Interest Payment Date             24 January 2018
ISIN No.                          ZAG000147703
Additional Information            Senior Unsecured   Floating    Rate
                                  Notes

The notes in this tranche are dematerialised and held in the
Central Securities Depository (“CSD”) and settlement will take
place electronically in terms of the debt listings requirements of
the JSE.


For further information on the Note issue please contact:
Menique Smit             Nedbank CIB            (011) 294 3639
Johan Geldenhuys         Steinhoff              (021) 808 0709
Corporate Actions        JSE                    (011) 520 7000

Date:   23rd October 2017

Sponsor: Nedbank Corporate and Investment Bank, a division of
Nedbank Limited

Equity Sponsor:     PSG Capital

Date: 23/10/2017 04:50:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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