Wrap Text
INTEREST RATE RESET
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
INTEREST RATE RESET
INSTRUMENT TYPE: FLOATING RATE CALLABLE NOTE
Authorised Programme size R 5,000,000,000.00
Total Notes Outstanding R 1,108,000,000.00
Bond Code ERSA21
Nominal Issued R 155,000,000.00
Issue Price R 155,000,000.00
Coupon 8.398% (3 Month JIBAR as at 17 February 2020
of 6.558% plus 184 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 17 November 2025
Books Close Date(s) 7 February, 7 May, 7 August, 7 November
Interest Payment Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register By 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 17 May 2020
Call / Step Up Date 17 August 2020
ISIN No. ZAG000128802
Bond Code ERSA24
Nominal Issued R 108,000,000.00
Issue Price R 108,000,000.00
Coupon 8.058% (3 Month JIBAR as at 17 February 2020
of 6.558% plus 150 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 17 November 2025
Books Close Date(s) 7 February, 7 May, 7 August, 7 November
Interest Payment Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register By 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 17 May 2020
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 8.358% (3 Month JIBAR as at 17 February 2020
of 6.558% plus 180 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 17 November 2025
Books Close Date(s) 7 February, 7 May, 7 August, 7 November
Interest Payment Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register By 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 17 May 2020
Call / Step Up Date 17 August 2022
ISIN No. ZAG000145913
Bond Code ERSA26
Nominal Issued R 178,000,000.00
Issue Price R 178,000,000.00
Coupon 7.978% (3 Month JIBAR as at 17 February 2020
of 6.558% plus 142 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 17 November 2025
Books Close Date(s) 7 February, 7 May, 7 August, 7 November
Interest Payment Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register By 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 18 May 2020
Call / Step Up Date 17 May 2022
ISIN No. ZAG000159138
Bond Code ERSA27
Nominal Issued R 230,000,000.00
Issue Price R 230,000,000.00
Coupon 7.858% (3 Month JIBAR as at 17 February 2020
of 6.558% plus 130 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 17 November 2025
Books Close Date(s) 7 February, 7 May, 7 August, 7 November
Interest Payment Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register By 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 17 May 2020
Call / Step Up Date 17 August 2022
ISIN No. ZAG000161472
Bond Code ERS3B6
Nominal Issued R 16,000,000.00
Issue Price R 16,000,000.00
Coupon 8.308% (3 Month JIBAR as at 17 February 2020
of 6.558% plus 175 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 17 November 2025
Books Close Date(s) 7 February, 7 May, 7 August, 7 November
Interest Payment Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register By 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 17 May 2020
Call / Step Up Date 17 May 2022
ISIN No. ZAG000159146
Bond Code ERS3B7
Nominal Issued R 99,000,000.00
Issue Price R 99,000,000.00
Coupon 8.058% (3 Month JIBAR as at 17 February 2020
of 6.558% plus 150 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 17 November 2025
Books Close Date(s) 7 February, 7 May, 7 August, 7 November
Interest Payment Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register By 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 17 May 2020
Call / Step Up Date 17 August 2022
ISIN No. ZAG000161472
Bond Code ERS3C7
Nominal Issued R 35,000,000.00
Issue Price R 35,000,000.00
Coupon 8.108% (3 Month JIBAR as at 17 February 2020
of 6.558 % plus 155 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 17 November 2025
Books Close Date(s) 7 February, 7 May, 7 August, 7 November
Interest Payment Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register By 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 17 May 2020
Call / Step Up Date 17 August 2022
ISIN No. ZAG000161480
Bond Code ERS3C6
Nominal Issued R 6,000,000.00
Issue Price R 6,000,000.00
Coupon 8.708% (3 Month JIBAR as at 17 February 2020
of 6.558 % plus 215 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 17 November 2025
Books Close Date(s) 7 February, 7 May, 7 August, 7 November
Interest Payment Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register By 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 17 May 2020
Call / Step Up Date 17 May 2022
ISIN No. ZAG000135591
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
17 February 2020
Sponsor
Sasfin Bank Limited
Date: 17-02-2020 03:00:00
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.
Sharenet Sites 
