SAPPI SOUTHERN AFRICA PROPRIETARY LIMITED - Listing of new financial instrument - SSA07

Listing of new financial instrument - SSA07

SAPPI SOUTHERN AFRICA LIMITED
Registration number 1951/003180/06
Incorporated in the Republic of South Africa
JSE Alpha code: SSAI
(“Sappi”)

LISTING OF NEW FINANCIAL INSTRUMENT

The JSE Limited has granted approval for a new financial instrument listing to Sappi effective from 15
May 2020 under its Domestic Medium-Term Note Programme dated 23 November 2018 as follows:

New Instrument                                  SSA07

Authorised programme size                       R5,000,000,000
Total amount in issue after this issuance       R300,000,000
Instrument type                                 Floating rate note
Bond Code                                       SSA07
Nominal Issued                                  R300,000,000
Issue Price                                     100%
Coupon                                          7.033% (3 Month Jibar as at 15 May 2020 of 4.533%
                                                plus 250 bps)
Trade Type                                      Price
Final Maturity Date                             15 May 2023
Books Close Dates                               5 August, 5 November, 5 February, 5 May
Interest Payment Dates                          15 August, 15 November, 15 February, 15 May
Last Day to Register                            By 17:00 on 4 August, 4 November, 4 February, 4
                                                May
Issue Date                                      15 May 2020
Date Convention                                 Modified Following Business Day
Interest Commencement Date                      15 May 2020
First Interest Payment Date                     15 August 2020
ISIN                                            ZAG000168063
Additional Information                          Senior, Unsecured

The Applicable Pricing Supplement is available at:
https://www.sappi.com/bond-and-insurance-captive-reporting-requirements#

The note relating to the new financial instrument (“Note”) will be dematerialised in the Central
Securities Depository (“CSD”) and settlement will take place electronically in terms of JSE Rules.


13 May 2020

Debt Sponsor
Nedbank Corporate and Investment Banking

Date: 13-05-2020 11:22:00
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