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LETSHEGO HOLDINGS LIMITED - New Financial Instrument Listing Announcement: New Listing (LHL27 & LHL28)

Release Date: 12/12/2017 09:00
Code(s): LHL27 LHL28     PDF:  
Wrap Text
New Financial Instrument Listing Announcement: New Listing (LHL27 & LHL28)

Letshego Holdings Limited
Incorporated in the Republic of Botswana
Registration number 98/442
(“Letshego Holdings” or “the Company”)

Instrument code: LHL27   ISIN: ZAG000148826
Instrument code: LHL28   ISIN: ZAG000148834


New Financial Instrument Listing Announcement: New Listing (LHL27 &
LHL28)


The JSE Limited has granted a listing to Letshego Holdings of the following
Senior Secured Floating Rate Notes under its ZAR2,500,000,000.00 Medium Term
Note Programme:


Bond Code                     LHL27
ISIN                          ZAG000148826
Nominal Issued                ZAR432 000 000.00
Issue Price                   100%
Coupon                        3 Month ZAR JIBAR plus a margin of 450 bps
Coupon Rate Indicator         Floating
Trade Type                    Price
Issue / Settlement Date       13 December 2017
Final Maturity Date           13 February 2021
Interest Commencement Date    13 December 2017
First Interest Payment Date   13 February 2018
Interest Payment Date(s)      13 February, 13 May, 13 August and 13 November
                              of each year until the Maturity Date
Last Day to Register          By 17h00 (South African time) on 2 February, 2
                              May, 2 August and 2 November of each year until
                              the Maturity Date
Books Close Date(s)           From 3 February to 12 February, 3 May to 12 May,
                              3 August to 12 August and 3 November to 12
                              November of each year until the Maturity Date
                              (all inclusive)
Date Convention               Modified Following Business Day


Bond Code                     LHL28
ISIN                          ZAG000148834
Nominal Issued                ZAR33 000 000.00
Issue Price                   100%
Coupon                        3 Month ZAR JIBAR plus a margin of 590 bps
Coupon Rate Indicator         Floating
Trade Type                    Price
Issue / Settlement Date       13 December 2017
Final Maturity Date           13 February 2022
Interest Commencement Date    13 December 2017
First Interest Payment Date   13 February 2018
Interest Payment Date(s)      13 February, 13 May, 13 August and 13 November
                              of each year until the Maturity Date
Last Day to Register          By 17h00 (South African time) on 2 February, 2
                              May, 2 August and 2 November of each year until
                              the Maturity Date
Books Close Date(s)           From 3 February to 12 February, 3 May to 12 May,
                              3 August to 12 August and 3 November to 12
                              November of each year until the Maturity Date
                              (all inclusive)
Date Convention               Modified Following Business Day


The Notes will be issued in dematerialised form and will be held in the
Central Securities Depository (“CSD”) and settlement will take placed
electronically in terms of the JSE Rules.


Date: 12 December 2017

Debt sponsor in South Africa: The Standard Bank of South Africa Limited,
acting through its Corporate and Investment Banking division

Date: 12/12/2017 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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