CPI / CPIP - Capitec Bank Holdings - Capitec Bank Limited Issues ZAR 130 Million
CPI CPIP
CPI
CPI / CPIP - Capitec Bank Holdings - Capitec Bank Limited Issues ZAR 130 Million
Senior, Unsecured 3-Year Bond
CAPITEC BANK HOLDINGS LIMITED
Incorporated in the Republic of South Africa
Registered Bank controlling company
Registration number: 1999/025903/06
Ordinary Share Code: CPI & ISIN Number: ZAE000035861
Preference Share Code: CPIP & ISIN Number: ZAE000083838
CAPITEC BANK LIMITED ISSUES ZAR 130 MILLION SENIOR, UNSECURED 3-YEAR BOND
Capitec Bank Limited, a wholly-owned subsidiary of Capitec Bank Holdings
Limited, issued a floating rate senior unsecured bond with a redemption date of
6 May 2011, on 27 June 2008.
This issue is a second tranche of the CBL02 floating rate bond issued on 6 May
2008 and is issued in terms of the BESA listed ZAR 2 billion Domestic Medium
Term Note Programme established on 25 April 2008.
The floating rate bond was issued at a credit rate spread of 300 basis points
over the 3-month JIBAR rate. The JIBAR reset dates are the same as that of the
original issue of the CBL02 on 6 May 2008.
The initial rate payable will be 14.875% nominal annual compounded quarterly.
The bond issue was arranged and led by Investec Capital Markets, a division of
Investec Bank Limited.
For further information please contact Riaan Stassen, Chief Executive Officer,
on 021 809 5921.
Sponsor
PSG Capital (Pty) Ltd
Stellenbosch
27 June 2008
Date: 27/06/2008 15:22:18 Produced by the JSE SENS Department.
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