Enhanced Investments - Financial Portal

EPFC54 - Listing of New Financial Instrument

Published: 2023-11-08 18:10:21 ET

Emira Property Fund Limited
(Incorporated in the Republic of South Africa)
(Registration number 2014/130842/06)
Company code: EMII
LEI Number: 3789005E23C6259EAE70
(Approved as a REIT by the JSE)
Bond code: EPFC54       ISIN: ZAG000200783
(“Emira”)


LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted Emira the listing of its Senior Unsecured Floating Rate Notes, in terms of its
Domestic Medium Term Note Programme dated 20 May 2022, effective 10 November 2023.

Type of Debt Security:                      Floating Rate Notes

Debt Security Code:                         EPFC54
ISIN:                                       ZAG000200783
Nominal Issued:                             R 100 000 000.00
Issue Date:                                 10 November 2023
Issue Price:                                100%
Interest Commencement Date:                 10 November 2023
Coupon Rate:                                3 Month JIBAR plus 120 basis points
Interest Determination Date(s):             The trade date for the first interest period being 7 November
                                            2023, and the first business day of each interest period thereafter
First Interest Payment Date:                10 February 2024
Interest Payment Date(s):                   10 February 2024, 10 May 2024, 10 August 2024 and 10
                                            November 2024
Last Day to Register:                       By 17h00 on 30 January 2024, 29 April 2024, 30 July 2024 and 30
                                            October 2024
Books Close:                                31 January 2024, 30 April 2024, 31 July 2024 and 31 October 2024
Business Day Convention:                    Following Business Day
Maturity Date:                              10 November 2024
Final Maturity Amount:                      100% of the principal amount of each note
Other:                                      The pricing supplement does not contain additional terms and
                                            conditions or changes to the terms and conditions as contained in
                                            the Programme
Summary of Additional Terms:                Not applicable
Programme Amount:                           R 5 000 000 000.00
Total Notes in Issue Under Programme:       R 2 700 000 000.00, excluding this issuance of notes
Dealer:                                     FirstRand Bank Limited, acting through its Rand Merchant Bank
                                            division


8 November 2023

Debt sponsor
RAND MERCHANT BANK (a division of FirstRand 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.

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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.