SAPPI SOUTHERN AFRICA PROPRIETARY LIMITED - SSA07 Tap Issue - Tranche 4

SSA07 Tap Issue - Tranche 4

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

SSA07 Tap Issue - Tranche 4

The JSE Limited has granted a listing to Sappi Southern Africa Limited – “SSA07 (Tap Issue –
Tranche 4)” on the Interest Rate Market with effect from 3 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:     R810 000 000

Bond Code:                                     SSA07 (Tap Issue – Tranche 4)
Nominal Issued:                                R100 000 000
Issue Price:                                   101.694434%

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 August 2020
Date Convention:                               Modified Following Business Day
Interest Commencement Date:                    15 May 2020
First Interest Payment Date:                   15 August 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: 30 July 2020
Debt Sponsor: Nedbank Corporate and Investment Banking

Date: 30-07-2020 02:59:00
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