JSE Sens
Financial covenant compliance
2024/04/29 09:50:00Download PDF Stock report
Financial covenant compliance EQUITES PROPERTY FUND LIMITED (Registration no 2013/080877/06) Incorporated in the Republic of South Africa JSE alpha code: EQUI (the 'Issuer') FINANCIAL COVENANT COMPLIANCE Bondholders are advised that in accordance with the requirements of the Equites Property Fund Limited R10 billion Domestic Medium Term Note Programme Memorandum dated 30 August 2021, the Issuer confirms that: • in terms of the Loan to Value Covenant, total borrowings did not exceed 50% (fifty percent) of the total assets; • in terms of the Interest Cover Covenant, interest cover remained at a level of at least 2.0 times cover at all times; and • there has been no breach of Financial Covenants during the year ended 29 February 2024. Date: 29 April 2024 Debt Sponsor: Nedbank Corporate and Investment Banking, a division of Nedbank Limited Date: 29-04-2024 09:50:00 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.