SAPPI SOUTHERN AFRICA PROPRIETARY LIMITED - SSA07 Tap Issue

SSA07 Tap Issue

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

SSA07 Tap Issue

The JSE Limited has granted a listing to Sappi Southern Africa Limited – “SSA07 (Tap)” on the Interest Rate
Market with effect from 3 June 2020 under its Domestic Medium Term Note Programme dated 23 November
2018.

INSTRUMENT TYPE:                               UNSECURED FLOATING RATE NOTE

Authorised Programme size:                     R5 000 000 000
Total Notes Outstanding:                       R380 000 000

Bond Code                                      SSA07 (Tap)
Nominal Issued                                 R80 000 000
Issue Price                                    100.467328%

Coupon                                         7.033% (3 Month JIBAR as at 15 May 2020 of 4.533% plus 250
                                               bps)
Coupon Rate Indicator                          Floating
Trade Type                                     Price
Final Maturity Date                            15 May 2023
Books closed periods                           5 to 14 August, 5 to 14 November, 5 to 14 February and 5 to 14
                                               May
Interest Payment Date(s)                       15 August, 15 November, 15 February and 15 May
Last Day to Register                           By 17:00 on 4 August, 4 November, 4 February and 4 May
Issue Date                                     3 June 2020
Date Convention                                Modified Following Business Day
Interest Commencement Date                     15 May 2020
First Interest Payment Date                    15 August 2020
ISIN No.                                       ZAG000168063
Additional Information                         Senior Unsecured Floating Rate Notes

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

Corporate Actions                              JSE                       +27 11 5207000

Date: 2 June 2020
Debt Sponsor: Nedbank Corporate and Investment Banking

Date: 02-06-2020 04:42:00
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