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 1,265,000,000.00
Bond Code SLRA2
Nominal Issued R 276,000,000.00
Issue Price R 276,000,000.00
Coupon 8.538% (3 Month JIBAR as at 17 February 2020
of 6.558% plus 198 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 15 November 2025
Books Close Date(s) 5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register By 17:00 on 4 February, 4 May, 4 August, 4
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 15 May 2020
Call / Step Up Date 15 August 2021
ISIN No. ZAG000139445
Bond Code SLRA3
Nominal Issued R 357,000,000.00
Issue Price R 357,000,000.00
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 15 November 2025
Books Close Date(s) 5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register By 17:00 on 4 February, 4 May, 4 August, 4
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 15 May 2020
Call / Step Up Date 15 November 2020
ISIN No. ZAG000148537
Bond Code SLRA4
Nominal Issued R 125,000,000.00
Issue Price R 125,000,000.00
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 15 November 2025
Books Close Date(s) 5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register By 17:00 on 4 February, 4 May, 4 August, 4
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 15 May 2020
Call / Step Up Date 15 November 2020
ISIN No. ZAG000148545
Bond Code SLRA5
Nominal Issued R 259,000,000.00
Issue Price R 259,000,000.00
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 15 November 2025
Books Close Date(s) 5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register By 17:00 on 4 February, 4 May, 4 August, 4
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 15 May 2020
Call / Step Up Date 15 August 2022
ISIN No. ZAG000161456
Bond Code SLRB2
Nominal Issued R 45,000,000.00
Issue Price R 45,000,000.00
Coupon 8.788% (3 Month JIBAR as at 17 February 2020
of 6.558% plus 223 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 15 November 2025
Books Close Date(s) 5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register By 17:00 on 4 February, 4 May, 4 August, 4
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 15 May 2020
Call / Step Up Date 15 August 2021
ISIN No. ZAG000139460
Bond Code SLRB3
Nominal Issued R 31,000,000.00
Issue Price R 31,000,000.00
Coupon 8.808% (3 Month JIBAR as at 17 February 2020
of 6.558% plus 225 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 15 November 2025
Books Close Date(s) 5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register By 17:00 on 4 February, 4 May, 4 August, 4
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 15 May 2020
Call / Step Up Date 15 November 2020
ISIN No. ZAG000148552
Bond Code SLRB4
Nominal Issued R 37,000,000.00
Issue Price R 37,000,000.00
Coupon 8.858% (3 Month JIBAR as at 17 February 2020
of 6.558% plus 230 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 15 November 2025
Books Close Date(s) 5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register By 17:00 on 4 February, 4 May, 4 August, 4
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 15 May 2020
Call / Step Up Date 15 November 2020
ISIN No. ZAG000161449
Bond Code SLRB5
Nominal Issued R 30,000,000.00
Issue Price R 30,000,000.00
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 15 November 2025
Books Close Date(s) 5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register By 17:00 on 4 February, 4 May, 4 August, 4
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 15 May 2020
Call / Step Up Date 15 August 2022
ISIN No. ZAG000161449
Bond Code SLRC2
Nominal Issued R 20,000,000.00
Issue Price R 20,000,000.00
Coupon 9.708% (3 Month JIBAR as at 17 February 2020
of 6.558% plus 315 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 15 November 2025
Books Close Date(s) 5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register By 17:00 on 4 February, 4 May, 4 August, 4
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 15 May 2020
Call / Step Up Date 15 August 2021
ISIN No. ZAG000139494
Bond Code SLRC3
Nominal Issued R 25,000,000.00
Issue Price R 25,000,000.00
Coupon 9.238% (3 Month JIBAR as at 17 February 2020
of 6.558% plus 268 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 15 November 2025
Books Close Date(s) 5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register By 17:00 on 4 February, 4 May, 4 August, 4
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 15 May 2020
Call / Step Up Date 15 November 2020
ISIN No. ZAG000148578
Bond Code SLRC4
Nominal Issued R 25,000,000.00
Issue Price R 25,000,000.00
Coupon 9.458% (3 Month JIBAR as at 17 February 2020
of 6.558% plus 290 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 15 November 2025
Books Close Date(s) 5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register By 17:00 on 4 February, 4 May, 4 August, 4
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 15 May 2020
Call / Step Up Date 15 November 2020
ISIN No. ZAG000148586
Bond Code SLRC5
Nominal Issued R 35,000,000.00
Issue Price R 35,000,000.00
Coupon 8.558% (3 Month JIBAR as at 17 February 2020
of 6.558% plus 200 bps)
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 15 November 2025
Books Close Date(s) 5 February, 5 May, 5 August, 5 November
Interest Payment Date(s) 15 February, 15 May, 15 August, 15 November
Last Day to Register By 17:00 on 4 February, 4 May, 4 August, 4
November
Date Convention Following
Interest Commencement Date 17 February 2020
Next Interest Date 15 May 2020
Call / Step Up Date 15 August 2022
ISIN No. ZAG000161431
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 03:04:00
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