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SAPPI SOUTHERN AFRICA LIMITED - Listing of New Financial Instrument

Release Date: 12/12/2023 14:20
Code(s): SSA09     PDF:  
Wrap Text
Listing of New Financial Instrument

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 13
December 2023 under its Domestic Medium-Term Note Programme dated 12 August 2021 as follows:

New Instrument                                  SSA09
Authorised programme size                       R5,000,000,000
Total amount in issue after this issuance       R1,750,000,000
Instrument type                                 Floating rate note
Nominal Issued                                  R250,000,000
Issue Price                                     100%
Coupon                                          3 Month Jibar plus 80 bps
Trade Type                                      Price
Final Maturity Date                             13 June 2024
Books Close Dates                               4 March 2024 to 13 March 2024 and 4 June 2024 to
                                                13 June 2024
Interest Payment Dates                          13 March 2024 and 13 June 2024
Last Day to Register                            By 17:00 on 3 March 2024 and 3 June 2024
Issue Date                                      13 December 2023
Date Convention                                 Following Business Day
Interest Commencement Date                      13 December 2023
First Interest Payment Date                     13 March 2024
ISIN                                            ZAG000202060
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.


12 December 2023
Debt Sponsor
Nedbank Corporate and Investment Banking, a division of Nedbank Limited

Date: 12-12-2023 02:20:00
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