New Financial Instrument Listing – BTNC8
Burstone Group Limited
Approved as a REIT by the JSE
(Incorporated in the Republic of South Africa)
(Registration Number 2008/011366/06)
("Burstone")
New Financial Instrument Listing – BTNC8
The JSE Limited has granted a listing to Burstone on the Interest Rate Market with effect from 31 March 2025.
Debt security code BTNC8
Nominal Issued R519,000,000
Issue Price 100%
Coupon 3-month JIBAR plus Margin
Margin 49 bps
Coupon Rate Indicator Floating
Issue Date 31 March 2025
Interest Commencement Date 31 March 2025
Interest Rate Determination Date Issue Date
First Interest Payment Date 30 June 2025
Final Maturity Date/ Redemption Date 30 June 2025
Interest Payment Date(s) 30 June 2025 being the Redemption Date
Interest Period Each period commencing on (and including) an Interest Payment
Date and ending on (but excluding) the following Interest Payment
Date, provided that the first Interest Period will commence on (and
include) the Interest Commencement Date and end on (but
exclude) 30 June 2025 (each Interest Payment Date as adjusted
in accordance with the Applicable Business Day Convention)
Last Day to Register 19 June 2025or if such day is not a Business Day, the Business
Day immediately preceding the Books Closed Period
Books Closed Period The Register will be closed from 20 June 2025 to 30 June 2025,
being the Redemption Date (including the first day but excluding
the last day of the period)
ISIN No. ZAG000214065
Additional Information Senior Unsecured
Total Notes in issue under Programme R3,504,000,000 Notes in issue after this issuance
The Pricing Supplement contains financial covenants applicable in respect of the BTNC8 Notes. Investors
should study the Applicable Pricing Supplement for full details of the terms and conditions applicable to these
Notes.
28 March 2025
Johannesburg
Debt Sponsor
Investec Bank Limited
Date: 28-03-2025 12:50:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
