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CREDE INVESTOR I BRIDGE TO BOND (RF) PROPRIETARY LIMITED - Listing of New Asset-Backed Notes

Release Date: 08/04/2025 10:15
Code(s): CDII01     PDF:  
Wrap Text
Listing of New Asset-Backed Notes

CREDE INVESTOR I BRIDGE TO BOND (RF) LIMITED
Incorporated in the Republic of South Africa with Limited Liability
(Registration Number: 2021/118487/07)
Alpha Code: CDII01
ISIN: ZAG000214503
("CREDE" OR "ISSUER")


LISTING OF NEW ASSET-BACKED NOTES


The JSE Limited has granted Crede the following listing of its Senior Secured Floating Rate Notes, in
terms of its Multi-Issuer Secured Asset Backed Note Programme dated 25 October 2022, effective
9 April 2025.

Save to the extent specifically stated otherwise, capitalised terms in this announcement shall bear the
meanings assigned to them in terms of the Applicable Pricing Supplement (APS), Applicable
Transaction Supplement (ATS) and Master Programme Memorandum.

Copies of the APS and ATS, can be downloaded from the Issuer's website by accessing the following
link: https://credepower.co.za/crede-investor-one/

 Debt Security Code:                      CDII01
 ISIN:                                    ZAG000214503
 Type of Debt Security:                   Floating Rate Notes
 Nominal Issued:                          ZAR260,000,000
 Issue Price:                             100%
 Issue Date:                              9 April 2025
 Manner in which the Interest Rate is     Screen Rate Determination
 to be determined:
 Margin/Spread for the Interest Rate:     165 basis points to be added to the Reference Rate
 If Screen Determination:
 a) Reference      Rate     (including    3-month JIBAR
     relevant period by reference to
     which the Interest Rate is to be
     calculated):
 b) Rate Determination Date(s):           The first Business Day of each Interest Period
 c) Relevant Screen page and              ZAR-JIBAR-SAFEX
     Reference Code:
 Interest Commencement Date:              9 April 2025
 Interest Payment Dates                   6 March, 6 June, 6 September and 6 December of each year,
                                          with the first Interest Payment Date being 6 June 2025. 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 item 11
                                          of the Applicable Pricing Supplement).
 Last Day to Register:                    By 17h00 on the Business Day immediately preceding each
                                          Books Closed Period.
 Books Closed Period:                     The Register will be closed from 1 June to 5 June (both days
                                          inclusive), from 1 September to 5 September (both days
                                          inclusive), from 1 December to 5 December (both days
                                          inclusive and from 1 March to 5 March (both days inclusive).
 Final Redemption Date:                   6 June 2029
 Business Day Convention:                 Following Business Day
 Programme Amount:                        R10,000,000,000.00
 Aggregate Outstanding Principal          ZAR Nil, excluding this Tranche of Notes and any other
 Amount of Notes in issue on the issue    Tranche(s) of Notes to be issued on the Issue Date.
 Date:
 Safe Custody Agent:                      FirstRand Bank Limited (acting through RMB Custody and
                                          Trustee Services)
 Calculation Agent, Transfer Agent        Crede Power and Infrastructure Investments Proprietary
 and Paying Agent:                        Limited


Sandton
8 April 2025

Debt Sponsor
Questco Corporate Advisory

Date: 08-04-2025 10:15:00
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