ACCELERATE PROPERTY FUND LIMITED - APF10 - Listing of Tap Issue

APF10 - Listing of Tap Issue

Accelerate Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2005/015057/06)
Company code: APFE
(Approved as a REIT by the JSE)
Bond code: APF10
ISIN: ZAG000162256
(“Accelerate”)


LISTING OF TAP ISSUE

The JSE Limited has granted Accelerate the additional listing of its Senior Secured Floating Rate
Notes, in terms of its Domestic Medium Term Note Programme (“the Programme”) dated 9 September 2014, 
effective 23 September 2019.

Debt Security Code:                         APF10
ISIN:                                       ZAG000162256
Type of Debt Security:                      Floating Rate Notes
Nominal Before Issue:                       ZAR 101 000 000.00
Nominal Issued:                             ZAR 55 000 000.00
Nominal After Issue:                        ZAR 156 000 000.00
Issue Date:                                 23 September 2019
Issue Price:                                100.287934%
Coupon Rate:                                3 Month JIBAR plus 195 basis points
Interest Commencement Date:                 11 September 2019
Interest Determination Date(s):             11 December, 11 March, 11 June and 11 September of
                                            each year until the Maturity Date
First Interest Payment Date:                11 December 2019
Interest Payment Date(s):                   11 December, 11 March, 11 June and 11 September of
                                            each year until the Maturity Date
Last Day to Register:                       By 17h00 on 30 November, 28 February, 31 May and 31
                                            August of each year until the Maturity Date
Books Close:                                1 December, 1 March, 1 June and 1 September of each
                                            year until the Maturity Date
Business Day Convention:                    Following Business Day
Maturity Date:                              11 September 2022
Final Maturity Amount:                      100% of Nominal Amount
Other:                                      The pricing supplement contains additional terms and
                                            conditions to the terms and conditions as contained in
                                            the Programme
Summary of Additional Terms:                Please refer to the description of the security
                                            arrangements under Appendix A, the additional terms
                                            and conditions under Appendix B, which includes the
                                            Guarantee, Financial Covenants and the Negative
                                            Undertakings, the debt Guarantee under Appendix C
                                            and the Additional Documents Incorporated by
                                            Reference under Appendix D of the pricing supplement

Programme Amount:                           ZAR 5 000 000 000.00
Total Notes in Issue Under Programme:       ZAR 2 015 000 000.00, exclusive of this issuance
                                            of notes
Dealer:                                     Rand Merchant Bank, a division of FirstRand Bank
                                            Limited


19 September 2019

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

Date: 19/09/2019 02:00:00
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