SOUTH AFRICAN SECURITISATION PROGRAMME (RF) LIMITED - South African Securitisation Programme (RF) Limited - New Financial Instrument Listing LRFA3, LRFB3 and LRFC3

South African Securitisation Programme (RF) Limited - New Financial Instrument Listing LRFA3, LRFB3 and LRFC3

South African Securitisation Programme (RF) Limited
(Registration No: 1991/002706/06)
Formerly called South African Securitisation Programme (Proprietary)
Limited
(with registration number 1991/002706/07)
(“South African Securitisation Programme”)
Incorporated with limited liability in the Republic of South Africa

NEW FINANCIAL INSTRUMENT LISTING

INSTRUMENT TYPE:            FLOATING RATE CALLABLE NOTE

Authorised Programme size       R 5,000,000,000.00
Total Notes Outstanding         R 350,000,000.00


Bond Code                LRFA3
Nominal Issued           R 280,000,000.00
Issue Price              100%
Coupon                   8.250% (3 Month JIBAR as at 20 November 2019
                         of 6.800% plus 145 basis points)
Step up Rate             3 Month JIBAR rate as at step up date plus
                         100 basis points
Coupon Indictor          Floating
Trade Type               Price
Final Maturity Date      15 November 2025
Books Close              10 February, 10 May, 10 August, 10 November
Interest Date(s)         20 February, 20 May, 20 August, 20 November
Last Day to Register     by 17:00 on 9 February, 9 May, 9 August, 9
                         November
Issue Date               20 November 2019
Date Convention          Following
Interest Commencement Date     20 November 2019
First Interest Date      20 February 2020
Call / Step Up Date      20 November 2022
ISIN No.                 ZAG000164237

Bond Code               LRFB3
Nominal Issued          R 52,500,000.00
Issue Price             100%
Coupon                  8.450% (3 Month JIBAR as at 20 November 2019
                        of 6.800% plus 165 basis points)
Step up Rate             3 Month JIBAR rate as at step up     date plus
                         100 basis points
Coupon Indictor          Floating
Trade Type               Price
Final Maturity Date      15 November 2025
Books Close              10 February, 10 May, 10 August, 10   November
Interest Date(s)         20 February, 20 May, 20 August, 20   November
Last Day to Register     by 17:00 on 9 February, 9 May, 9     August, 9
                         November
Issue Date               20 November 2019
Date Convention          Following
Interest Commencement Date     20 November 2019
First Interest Date      20 February 2020
Call / Step Up Date      20 November 2022
ISIN No.                 ZAG000164211

Bond Code                LRFC3
Nominal Issued           R 17,500,000.00
Issue Price              100%
Coupon                   8.600% (3 Month JIBAR as at 20 November 2019
                         of 6.800% plus 180 basis points)
Step up Rate             3 Month JIBAR rate as at step up date plus
                         100 basis points
Coupon Indictor          Floating
Trade Type               Price
Final Maturity Date      15 November 2025
Books Close              10 February, 10 May, 10 August, 10 November
Interest Date(s)         20 February, 20 May, 20 August, 20 November
Last Day to Register     by 17:00 on 9 February, 9 May, 9 August, 9
                         November
Issue Date               20 November 2019
Date Convention          Following
Interest Commencement Date     20 November 2019
First Interest Date      20 February 2020
Call / Step Up Date      20 November 2022
ISIN No.                 ZAG000164229




Additional Information        Secured notes
The notes will be immobilised in the Central Securities Depository
(“CSD”) and settlement will take place electronically in terms of JSE
Rules.

For further information please contact:

Mr. Dhesegan Govender (Sasfin Bank Limited)   (011) 809 7892

Waverley
20 November 2019

Sponsor
Sasfin Bank Limited

Date: 20/11/2019 11:41:00
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.