Enhanced Investments - Financial Portal

GRT55 and GRT56 - New Financial Instruments Listing

Published: 2023-06-08 18:47:21 ET

GROWTHPOINT PROPERTIES LIMITED
(Incorporated with limited liability in South Africa under registration number 1987/004988/06)
JSE Code:       GRT55
ISIN No:        ZAG000196650
JSE Code:       GRT56
ISIN No:        ZAG000196668

NEW FINANCIAL INSTRUMENTS LISTING

The JSE Limited has granted a listing for the Growthpoint Properties Limited – GRT55 and GRT56 notes under its ZAR30
billion Domestic Medium Term Note Programme dated 25 October 2019.

INSTRUMENT TYPE:                           FLOATING RATE NOTE

Authorised Programme Size                  ZAR30,000,000,000.00
Total Notes in issue                       ZAR21,016,000,000 (excluding these issuances)

Full note details are set out below:

Bond Code                                  GRT55
Nominal Value                              ZAR554,000,000
Issue price                                100%
Coupon                                     3 Month JIBAR plus 150bps
Coupon Rate Indicator                      Floating
Trade Type                                 Price
Maturity Date                              9 June 2028
Last day to register                       by 17:00 on 1 September, 1 December, 1 March and 1 June, and in respect
                                           of the Maturity Date, the Last Day to Register being 1 June 2028, or if such
                                           day is not a Business Day, the Business Day prior to each Books Closed
                                           Period, in each year until the Maturity Date
Books Close                                from 2 September to 8 September, 2 December to 8 December, 2 March to
                                           8 March and 2 June to 8 June (all dates inclusive) of each year. For the
                                           avoidance of doubt, in respect of the Maturity Date, the Register will be
                                           closed from 2 June 2028 to 8 June 2028
Interest Rate Determination Dates          9 September, 9 December, 9 March and 9 June of each year until the
                                           Maturity Date
Interest Payment Dates                     9 September, 9 December, 9 March and 9 June of each year until the
                                           Maturity Date (with the last Interest Payment Date being the Maturity Date)
Issue Date                                 09 June 2023
Interest Commencement Date                 09 June 2023
First Interest Payment Date                09 September 2023
Date Convention                            Following Business Day
ISIN No                                    ZAG000196650
Additional Information                     Senior, Unsecured Floating Rate Note
Full note details are set out below:

Bond Code                              GRT56
Nominal Value                          ZAR796,000,000
Issue price                            100%
Coupon                                 3 Month JIBAR plus 165bps
Coupon Rate Indicator                  Floating
Trade Type                             Price
Maturity Date                          09 June 2030
Last day to register                   by 17h00 on 1 September, 1 December, 1 March and 1 June and in respect
                                       of the Maturity Date, the Last Day to Register being 1 June 2030
Books Close                            from 2 September to 8 September, 2 December to 8 December, 2 March to
                                       8 March and 2 June to 8 June (all dates inclusive) of each year. For the
                                       avoidance of doubt, in respect of the Maturity Date, the Register will be
                                       closed from 2 June 2030 to 8 June 2030
Interest Rate Determination Dates      9 September, 9 December, 9 March and 9 June of each year until the
                                       Maturity Date
Interest Payment Dates                 9 September, 9 December, 9 March and 9 June of each year until the
                                       Maturity Date
Issue Date                             09 June 2023
Interest Commencement Date             09 June 2023
First Interest Payment Date            09 September 2023
Date Convention                        Following Business Day
ISIN No                                ZAG000196668
Additional Information                 Senior, Unsecured Floating Rate Note

08 June 2023

Debt sponsor
Absa Corporate and Investment Bank, a division of Absa Bank Limited

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.