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BIRPIF - Financial Covenants Notification

Published: 2023-08-16 15:10:29 ET
<<<  go to JSE:RES company page
Resilient REIT Limited
(Incorporated in the Republic of South Africa)
(Registration number: 2002/016851/06)
LEI: 378900F37FF47D486C58
Bond company code: BIRPIF
(Approved as a REIT by the JSE)
(“Resilient Group” or the “Issuer”)

FINANCIAL COVENANTS NOTIFICATION

Noteholders are advised of the following financial covenant report.

The Issuer’s financial covenant, applicable to the listed notes, requires that the Loan to Value Ratio
(“LTV ratio”) does not exceed 50% for the Resilient Group.

The Issuer confirms that the financial covenant testing for the six-month period ended 30 June 2023
has been completed and has been successfully passed, with the LTV ratio measuring at 38,3% as at
30 June 2023

16 August 2023

Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)