Enhanced Investments - Financial Portal

AECI05 AECI06 - Listing of New Financial Instruments

Published: 2023-09-08 11:00:33 ET

AECI LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 1924/002590/06)
Company code: AECI
LEI: 3789008641F1D3D90E85
Bond code: AECI05 ISIN: ZAG000199258
Bond code: AECI06 ISIN: ZAG000199266
(AECI)


LISTING OF NEW FINANCIAL INSTRUMENTS

The JSE Limited has granted AECI the listings of its AECI05 and AECI06 Sustainability-Linked Senior Unsecured
Floating Rate Notes, in terms of its Domestic Medium Term Note Programme (the Programme) dated 4 September
2023 and guaranteed by AECI Mining Solutions Limited, Chemical Services Limited, Much Asphalt Proprietary
Limited and AECI Mauritius Ltd, effective 11 September 2023.

Debt Security Code:                AECI05
ISIN:                              ZAG000199258
Nominal Issued:                    ZAR 535 000 000.00
Coupon Rate:                       3 Month JIBAR plus 139 basis points
Maturity Date:                     11 September 2026
Last Day to Register:              By 17h00 on 30 November, 28 February, 31 May and 31 August of each year
                                   until the maturity date, except for the period falling in February 2024 where the
                                   last day to register will be by 17h00 on 29 February 2024

Debt Security Code:                AECI06
ISIN:                              ZAG000199266
Nominal Issued:                    ZAR 465 000 000.00
Coupon Rate:                       3 Month JIBAR plus 150 basis points
Maturity Date:                     11 September 2028
Last Day to Register:              By 17h00 on 30 November, 28 February, 31 May and 31 August of each year
                                   until the maturity date, except for the periods falling in February 2024 and in
                                   February 2028 where the last day to register will be by 17h00 on 29 February
                                   2024 and by 17h00 on 29 February 2028, respectively

Type of Debt Security:             Floating Rate Notes
Issue Date:                        11 September 2023
Issue Price:                       100%
Interest Commencement Date:        11 September 2023
Interest Determination Date(s):    11 December, 11 March, 11 June, and 11 September of each year until the
                                   maturity date, with the first Interest Rate Determination Date being 6
                                   September 2023
First Interest Payment Date:       11 December 2023
Interest Payment Date(s):          11 December, 11 March, 11 June, and 11 September of each year until the
                                   maturity date
Books Close:                       1 December, 1 March, 1 June, and 1 September of each year until the maturity
                                   date
Business Day Convention:        Following Business Day
Final Maturity Amount:          100% of the Aggregate Nominal Amount
Other:                          The pricing supplements contain additional terms and conditions or changes to
                                the terms and conditions as contained in the Programme
Summary of Additional Terms:    Please see other provisions, and appendix 1 headed “Additional Terms and
                                Conditions relating to the AECI05/AECI06 Notes – Sustainability Linked Notes”
                                and appendix 2 headed “Documents Incorporated by Reference”

Programme Amount:               ZAR 5 000 000 000.00
Total Notes in Issue:           ZAR 1 320 000 000.00, exclusive of these issuances of notes

8 September 2023


Debt sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)




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

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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.

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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.