Enhanced Investments - Financial Portal

New financial instrument listing: RDFG12 and capital redemptions: RDFG05 and RDFG06

Published: 2023-11-29 16:00:31 ET

REDEFINE PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration no: 1999/018591/06)
Company code: BIRDF
LEI: 37890061EC026A7DA532
ISIN: ZAG000198441
(Approved as a REIT by the JSE)


NEW FINANCIAL INSTRUMENT LISTING: RDFG12 AND CAPITAL REDEMPTIONS: RDFG05 AND
RDFG06


The JSE Limited has granted Redefine a listing of Senior Unsecured Floating Rate Notes (to be issued as
green bonds), in terms of its Domestic Medium-Term Note Programme dated 20 July 2021, as detailed below.
 Authorised programme size:                        ZAR30 000 000 000.00
 Total notes in issue (before this issue):         ZAR21 159 000 000.00
 Nominal issued:                                   ZAR800 000 000.00
 Total notes in issue (after this issue):          ZAR21 959 000 000.00
 Bond code:                                        RDFG12
 Issue price:                                      100%
 Coupon:                                           9.857% (3 Month JIBAR as at 27 November 2023 of
                                                   8.367% plus 149 bps)
 Coupon Rate Indicator:                            Floating
 Issue date:                                       30 November 2023
 Maturity date:                                    30 November 2028
 Interest commencement date:                       30 November 2023
 Last day to register:                             By 17h00 on 22 February, 24 May and 24 August, 24
                                                   November until the Maturity Date (or if such day is not a
                                                   Business Day, by close of business on the Business
                                                   Day immediately preceding the first day of a Books
                                                   Closed Period)
 Books closed period:                              The Register will be closed from 23 to 27 February;
                                                   25 to 29 May; 25 to 29 August; and 25 to 29 November
                                                   (all dates inclusive) in each year until the Maturity Date
 Interest payment dates:                           28 February, 30 May, 30 August and 30 November until
                                                   the Maturity Date or, if such day is not a Business Day,
                                                   the Business Day on which the interest will be paid, as
                                                   determined in accordance with the applicable Business
                                                   Day Convention, (as specified in this Applicable Pricing
                                                   Supplement) with the first Interest Payment Date being
                                                   28 February 2024 (each Interest Payment Date as
                                                   adjusted in accordance with the Applicable Business
                                                   Day Convention as specified in this Applicable Pricing
                                                   Supplement)
 First interest payment date:                      28 February 2024
 ISIN:                                             ZAG000201757
 Business day convention:                          Following business day*
 Additional terms and conditions:                  Please refer to the additional terms and conditions as
                                                   per annexure A to the pricing supplement.

Noteholders are further advised of the following information in respect of capital redemptions:

 Bond code:                                        RDFG05
 ISIN:                                             ZAG000192501
 Capital redemption amount:                        ZAR850 000 000.00
 Amount outstanding after capital redemption:      Nil
 Effective date:                                   30 November 2023
 Bond code:                                      RDFG06
 ISIN:                                           ZAG000192519
 Capital redemption amount:                      ZAR800 000 000.00
 Amount outstanding after capital redemption:    Nil
 Effective date:                                 30 November 2023

Total notes in issue after the capital redemptions: ZAR20 309 000 000.00

* When the interest payment date falls on a non-business day, such interest payment will be paid on the
  first business day after the weekend or public holiday.

29 November 2023


Debt sponsor

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.