SAPPI SOUTHERN AFRICA LIMITED - SSA07 Tap Issue - Tranche 5

SSA07 Tap Issue - Tranche 5

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

SSA07 Tap Issue - Tranche 5

The JSE Limited has granted a listing to Sappi Southern Africa Limited – “SSA07 (Tap Issue –
Tranche 5)” on the Interest Rate Market with effect from 24 August 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 Amount in Issue after this Issuance:     R1 080 000 000

Bond Code:                                     SSA07 (Tap Issue – Tranche 5)
Nominal Issued:                                R270 000 000
Issue Price:                                   100.237754%

Coupon:                                        5.942% (3 Month JIBAR as at 17 August 2020 of 3.442%
                                               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:                                    24 August 2020
Date Convention:                               Modified Following Business Day
Interest Commencement Date:                    17 August 2020
First Interest Payment Date:                   15 November 2020
ISIN:                                          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: 20 August 2020
Debt Sponsor: Nedbank Corporate and Investment Banking

Date: 20-08-2020 03:35:00
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