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ENX CORPORATION LIMITED - ENX05 - Listing of New Financial Instrument

Release Date: 15/05/2019 17:10
Code(s): ENX05     PDF:  
Wrap Text
ENX05 - Listing of New Financial Instrument

enX Corporation Limited
(Incorporated in the Republic of South Africa)
(Registration No. 1984/007045/06)
Company code: BIEQS1
Bond code: ENX05
ISIN: ZAG000159435


The JSE Limited has granted enX the listing of its Senior Unsecured Extendible Floating Rate Notes, in terms of
its Domestic Medium Term Note Programme (“the Programme”) dated 7 May 2018, as guaranteed by ListCo,
the Parent Guarantor and Subsidiary Guarantors (each as defined in the Programme), effective 17 May 2019.

Debt Security Code:                         ENX05
ISIN:                                       ZAG000159435
Type of Debt Security:                      Extendible Floating Rate Notes
Nominal Issued:                             ZAR 70 000 000.00
Issue Date:                                 17 May 2019
Issue Price:                                100%
Coupon Rate:                                3 month JIBAR plus 230 basis points
Step-Up Coupon Rate:                        3 month JIBAR plus 260 basis points
Step-Up Date:                               1 May 2020
Interest Commencement Date:                 17 May 2019
Interest Determination Date(s):             The trade date of 14 May 2019 for the first Interest Period and the
                                            first business day of each Interest Period thereafter
First Interest Payment Date:                1 August 2019
Interest Payment Date(s):                   1 August, 1 November, 1 February and 1 May of each calendar
                                            year until the final redemption date
Last Day to Register:                       By 17h00 on 26 July, 26 October, 26 January and 25 April of year
                                            until the final redemption date
Books Close:                                27 July, 27 October, 27 January and 26 April of year until the final
                                            redemption date
Business Day Convention:                    Following Business Day
Maturity Date:                              1 May 2020, subject to the extension of the date as set out in line
                                            20 of the pricing supplement
Final Maturity Amount:                      ZAR 70 000 000.00
Other:                                      The pricing supplement contains additional terms and conditions
                                            as contained in the Programme
Summary of Additional Terms:                Please refer to the extendible note, amendment to condition
                                            11.2.2 of the Programme, additional events of default, early
                                            redemption, issuer call option and disposal event provisions
                                            contained in the pricing supplement

Programme Amount:                           ZAR 4 000 000 000.00
Total Notes in Issue Under Programme:       ZAR 771 333 333.34, exclusive of this issuance of notes
Dealer:                                     FirstRand Bank Limited, acting through its Rand Merchant Bank

The Notes will be immobilised in the Central Securities Depository and settlement will take place electronically
in terms of JSE Rules.

15 May 2019

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

Date: 15/05/2019 05:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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