NORTHAM PLATINUM LIMITED - Northam issues R250 million of domestic medium term notes
NHM NHM003 201606100007A
Northam issues R250 million of domestic medium term notes
NORTHAM PLATINUM LIMITED
Incorporated in the Republic of South Africa
(Registration number 1977/003282/06)
Share code: NHM ISIN: ZAE000030912
Debt issuer code: NHMI
Bond code: NHM003 Bond ISIN: ZAG000129032
(“Northam” or the “company”)
NORTHAM ISSUES R250 MILLION OF DOMESTIC MEDIUM TERM NOTES
Shareholders are referred to the Northam SENS announcement dated 5 February 2016, wherein shareholders
were advised that the company had entered into a subscription agreement with the Industrial Development
Corporation of South Africa (“IDC”) in terms of which the IDC agreed to subscribe for R250 million three year
senior unsecured floating rate notes (“notes”).
Northam is pleased to announce that the company has successfully raised the term debt referred to above
through the issue of R250 million notes under its R2 billion Domestic Medium Term Note Programme dated
3 August 2012. The notes will attract a floating coupon rate of 11.208% (3 month JIBAR as at 8 June 2016 plus
390 bps) and will mature on 9 June 2019.
The notes will be listed today, Friday, 10 June 2016 on the Interest Rate Market of the JSE Limited. The first
interest payment date will be 9 September 2016.
Johannesburg
10 June 2016
Arranger, Dealer, JSE Sponsor and Debt Sponsor
One Capital
Legal Advisor to Northam in respect of the Notes
Bowman Gilfillan Inc.
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