Sectors Shares

South African Securitisation Programme (rf) Limited - New Financial Instrument Listing

Release Date: 17/08/2017 15:10
Code(s): ERSA24 ERSA25
 
Wrap Text
NEW FINANCIAL INSTRUMENT LISTING

South African Securitisation Programme (RF) Limited
(Registration No: 1991/002706/07)
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

The JSE Limited has granted South African Securitisation
Programme a listing of the following Notes, in terms of its
R5,000,000,000 Domestic Medium Term Note Programme. The terms
and conditions are contained in the Programme Memorandum dated
12 August 2015, as read with the Series Supplement dated 12
August 2015 relating to Series 1.

Instrument Type               Floating Rate Note
Authorised Programme Size     R 5,000,000,000.00
Total Notes in Issue          R 1,467,000,000.00


Bond Code                ERSA24
Nominal Issued           R 108,000,000.00
Issue Price              R 108,000,000.00
Coupon                   8.558% (3 Month JIBAR as at 17 August
                         2017 of 7.058% plus 150 bps)
Coupon Indicator         Floating
Trade Type               Price
Final Maturity Date      17 November 2025
Books Close              7 November, 7 February, 7 May, 7 August
Interest Date(s)         17 November, 17 February, 17 May, 17
                         August

Last Day to Register     By 17:00 on 6 November, 6 February, 6
                         May, 6 August

Issue Date                  17 August 2017
Date Convention             Following
Interest Commencement       17 August 2017
First Interest Date         17 November 2017
Call / Step Up Date         17 August 2020
ISIN No.                    ZAG000145905

Bond Code                   ERSA25
Nominal Issued              R 281,000,000.00
Issue Price                 R 281,000,000.00
Coupon                  8.858% (3 Month JIBAR as at 17 August
                        2017 of 7.058% plus 180 bps)
Coupon Indicator        Floating
Trade Type              Price
Final Maturity Date     17 November 2025
Books Close             7 November, 7 February, 7 May, 7 August
Interest Date(s)        17 November, 17 February, 17 May, 17
                        August

Last Day to Register    By 17:00 on 6 November, 6 February, 6
                        May, 6 August

Issue Date               17 August 2017
Date Convention          Following
Interest Commencement    17 August 2017
First Interest Date      17 November 2017
Call / Step Up Date      17 August 2022
ISIN No.                 ZAG000145913

For further information please contact:

Mr. Dhesegan Govender (Sasfin Bank Limited)   (011) 809 7532

Waverley
17 August 2017

Sponsor
Sasfin Bank Limited

Date: 17/08/2017 03:10:00 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.

Email this JSE Sens Item to a Friend.

Share This Story