Enhanced Investments - Financial Portal

New financial instrument listing – RDFB30

Published: 2024-04-02 18:15:24 ET

REDEFINE PROPERTIES LIMITED
(Incorporated in the Republic of South Africa)
(Registration no: 1999/018591/06)
Company code: BIRDF
(Approved as a REIT by the JSE)
(“Redefine”)


NEW FINANCIAL INSTRUMENT LISTING – RDFB30


The JSE Limited has granted Redefine a listing of its RDFB30 Senior Unsecured Floating Rate Notes, due
4 April 2027, in terms of its Domestic Medium-Term Note Programme dated 20 July 2021.


 Authorised programme size:                  ZAR30 000 000 000.00
 Total notes in issue (before this issue):   ZAR20 652 000 000.00
 Nominal issued:                             ZAR533 000 000.00
 Total notes in issue (after this issue):    ZAR21 185 000 000.00
 Bond code:                                  RDFB30
 Issue price:                                100%
 Coupon:                                     3 Month JIBAR as at 28 March 2024 plus 135bps
 Coupon Rate Indicator:                      Floating
 Issue date:                                 4 April 2024
 Maturity date:                              4 April 2027
 Interest commencement date:                 4 April 2024
 Last day to register:                       By 17h00 on 24 March, 23 June and 23 September, 24 December
                                             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 25 March to 3 April; 24 June to
                                             3 July; 24 September to 3 October; and 25 December to 3 January
                                             (all dates inclusive) in each year until the Maturity Date
 Interest payment dates:                     4 July, 4 October, 4 January and 4 April of each year 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 4 July 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:                4 July 2024
 ISIN:                                       ZAG000204256
 Business date convention:                   Following business day*
 Additional terms and conditions:            There are no additional terms and conditions or changes to the
                                             terms and conditions as contained in the Domestic Medium-Term
                                             Note Programme which are applicable to the listing of RDFB30


* 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.

2 April 2024


Debt Sponsor

Java Capital

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.