RESILIENT REIT LIMITED - RES34, RES36 and RES30 - Notification of Capital Reduction of Listed Debt Securities

Release Date: 12/10/2018 15:15
Code(s): RES36 RES34 RES30
 
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RES34, RES36 and RES30 - Notification of Capital Reduction of Listed Debt Securities

Resilient REIT Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2002/016851/06)
Company code: BIRPIF
(Approved as a REIT by the JSE)
Bond code: RES34 ISIN: ZAG000138918
Bond code: RES36 ISIN: ZAG000140062
Bond code: RES30 ISIN: ZAG000113812
(“Resilient”)

NOTIFICATION OF CAPITAL REDUCTION OF LISTED DEBT SECURITIES

In accordance with the Terms and Conditions of Resilient’s ZAR 10 000 000 000 Domestic Medium Term Note
Programme dated 4 October 2010, bondholders are herewith advised of the below capital reductions. These
capital reductions follow an approach made by Resilient to repurchase its listed debt securities as a result of
it receiving a capital distribution on its Greenbay investment.


Bond Code:                                            RES34
ISIN:                                                 ZAG000138918
Amount before Reduction:                              ZAR 329 000 000.00
Reduction Amount:                                     ZAR  81 000 000.00
Amount after Reduction:                               ZAR 248 000 000.00
Date Repurchase Settled / Pay Date:                   10 October 2018
Amount Paid Inclusive of Accrued Interest:            ZAR 81 858 094.03
Interest Amount Paid:                                 ZAR    858 094.03
Coupon:                                               8.788%
Interest period:                                      27 Aug 2018 to 9 Oct 2018

Bond Code:                                            RES36
ISIN:                                                 ZAG000140062
Amount before Reduction:                              ZAR 645 000 000.00
Reduction Amount:                                     ZAR 183 300 000.00
Amount after Reduction:                               ZAR 461 700 000.00
Date Repurchase Settled / Pay Date:                   10 October 2018
Amount Paid Inclusive of Accrued Interest:            ZAR 186 766 639.91
Interest Amount Paid:                                 ZAR   3 466 639.91
Coupon:                                               8.738%
Interest period:                                      23 July 2018 to 9 Oct 2018

Bond Code:                                            RES30
ISIN:                                                 ZAG000113812
Amount before Reduction:                              ZAR 400 000 000.00
Reduction Amount:                                     ZAR 400 000 000.00
Amount after Reduction:                               ZAR           0.00
Date Repurchase Settled / Pay Date:                   12 October 2018
Amount Paid Inclusive of Accrued Interest:            ZAR 401 679 816.88
Interest Amount Paid:                                 ZAR   3 359 232.88
Coupon:                                               8.758%
Interest period:                                      7 September 2018 to 11 Oct 2018


The effective date of the cancellation of the RES34, RES36 and RES30 notes is 22 October 2018.

12 October 2018

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)

Date: 12/10/2018 03:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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