Wrap Text
FIFB29 & FIFB30-New Financial Instrument
Fortress Real Estate Investments Limited
(Incorporated in the Republic of South Africa)
(Registration no. 2009/016487/06)
JSE alpha code: FORI
LEI: 378900FE98E30F24D975
("Fortress")
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE Limited has granted approval for new financial instrument listings to Fortress under its
Domestic Medium Term Note Programme as follows:
Bond code: FIFB29
Authorised programme size: R20,000,000,000.00
Total amount in issue under the programme R9,605,000,000.00, exclusive of this issuance of
notes and as at the signature date of the FIFB29 and
FIFB30 pricing supplements
Instrument type: Floating rate
Nominal value issued: R429,000,000.00
Issue price: 100%
Interest rate: 3 Month JIBAR plus a margin of 132 bps
Trade type: Price
Maturity date: 15 October 2027
Books close dates: 5 January to 14 January, 5 April to 14 April, 5 July to
14 July and 5 October to 14 October (all dates
inclusive) in each year until the Maturity Date, or if any
early redemption occurs, 10 Days prior to the actual
Redemption Date
Interest rate determination dates: 15 January, 15 April, 15 July and 15 October (or the
first Business Day of each Interest Period) in each
year until the Maturity Date, with the first Interest Rate
Determination Date being 10 October 2024
Interest payment dates: 15 January, 15 April, 15 July and 15 October in each
year until the Maturity Date
Last day to register: By 17:00 on 4 January, 4 April, 4 July and 4 October
in each year until the Maturity Date, or if any early
redemption occurs, 11 Days prior to the actual
Redemption Date, or if such day is not a Business
Day, the Business Day before each Books Closed
Period
Issue date: 15 October 2024
Date convention: Following business day
Interest commencement date: 15 October 2024
First interest payment date: 15 January 2025
ISIN: ZAG000209511
Additional information: Senior unsecured
Bond code: FIFB30
Authorised programme size: R20,000,000,000.00
Total amount in issue under the programme R9,605,000,000.00, exclusive of this issuance of
notes and as at the signature date of the FIFB29 and
FIFB30 pricing supplements
Instrument type: Floating rate
Nominal value issued: R658,000,000.00
Issue price: 100%
Interest rate: 3 Month JIBAR plus a margin of 145 bps
Trade type: Price
Maturity date: 15 October 2029
Books close dates: 5 January to 14 January, 5 April to 14 April, 5 July to
14 July and 5 October to 14 October (all dates
inclusive) in each year until the Maturity Date, or if any
early redemption occurs, 10 Days prior to the actual
Redemption Date
Interest rate determination dates: 15 January, 15 April, 15 July and 15 October (or the
first Business Day of each Interest Period) in each
year until the Maturity Date, with the first Interest Rate
Determination Date being 10 October 2024
Interest payment dates: 15 January, 15 April, 15 July and 15 October in each
year until the Maturity Date
Last day to register: By 17:00 on 4 January, 4 April, 4 July and 4 October
in each year until the Maturity Date, or if any early
redemption occurs, 11 Days prior to the actual
Redemption Date, or if such day is not a Business
Day, the Business Day before each Books Closed
Period
Issue date: 15 October 2024
Date convention: Following business day
Interest commencement date: 15 October 2024
First interest payment date: 15 January 2025
ISIN: ZAG000209503
Additional information: Senior unsecured
Other: The pricing supplements contain additional terms and
conditions to the terms and conditions as contained in
the Programme
Summary of Additional Terms: Please refer to the Redemption in the event of a
breach of Loan to Value Financial Covenant
provisions as per line item 55 and Appendix 1 of the
pricing supplements
The Applicable Pricing Supplements are available at: Fortress (fortressfund.co.za) 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.
14 October 2024
Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited
Date: 14-10-2024 04:45:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
