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EQUI-New Financial Instrument Listings
EQUITES PROPERTY FUND LIMITED
(Incorporated in the Republic of South Africa)
(Registration number 2013/080877/06)
JSE alpha code: EQUI
(Approved as a REIT by the JSE)
LISTINGS OF NEW FINANCIAL INSTRUMENTS
Noteholders are advised of the results of the recent listed debt auction held on 11 November 2024.
Equites raised R558 million across two senior unsecured listed notes issued off the Equites Domestic Medium Term
Note Programme dated 30 August 2021. In total, bids of R1,655 million were received, resulting in an over-subscription
on issuance volume of three times.
The R558 million was split across two notes: R188 million in EQT022, a 3-year note maturing 14 November 2027, and
R370 million in EQT023, a 5-year note maturing 14 November 2029. Both notes cleared at the bottom of price guidance;
EQT022, the 3-year note, cleared at 110 basis points over 3-month JIBAR, and EQT023, the 5-year note, cleared at
125 basis points over 3-month JIBAR.
Details of the new financial instrument listings are as follows:
Bond code: EQT022
Authorised programme size: R10,000,000,000.00
Total amount in issue after this issuance: R5,323,000,000.00
Instrument type: Floating rate
Nominal value issued: R188,000,000.00
Issue price: 100%
Interest rate: 3 Month JIBAR as at 11 November 2024 plus a margin of 110 bps
Trade type: Price
Maturity date: 14 November 2027
Books close dates: 4 February to 13 February, 4 May to 13 May, 4 August to 13 August
and 4 November to 13 November
Interest payment dates: 14 February, 14 May, 14 August and 14 November
Last day to register: By 17:00 on 3 February, 3 May, 3 August and 3 November
Issue date: 14 November 2024
Date convention: Following business day
Interest commencement date: 14 November 2024
First interest payment date: 14 February 2025
ISIN: ZAG000210402
Additional information: Senior unsecured
Bond code: EQT023
Authorised programme size: R10,000,000,000.00
Total amount in issue after this issuance: R5,323,000,000.00
Instrument type: Floating rate
Nominal value issued: R370,000,000.00
Issue price: 100%
Interest rate: 3 Month JIBAR as at 11 November 2024 plus a margin of 125 bps
Trade type: Price
Maturity date: 14 November 2029
Books close dates: 4 February to 13 February, 4 May to 13 May, 4 August to 13 August
and 4 November to 13 November
Interest payment dates: 14 February, 14 May, 14 August and 14 November
Last day to register: By 17:00 on 3 February, 3 May, 3 August and 3 November
Issue date: 14 November 2024
Date convention: Following business day
Interest commencement date: 14 November 2024
First interest payment date: 14 February 2025
2ISIN: ZAG000210394
Additional information: Senior unsecured
The Applicable Pricing Supplements are available at: https://equites.co.za/investor-community/investors-
documentation/
The notes relating to the new financial instruments will be dematerialised in the Central Securities Depository ("CSD")
and settlement will take place electronically in terms of JSE Rules.
12 November 2024
_______________________________________________________________________________________
Debt Sponsor
Nedbank Corporate and Investment Banking
(a division of Nedbank Limited)
Date: 12-11-2024 10:55:00
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