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 350,000,000.00
Bond Code LRFA3
Nominal Issued R 280,000,000.00
Issue Price R 280,000,000.00
Coupon 4.800% (3 Month JIBAR as at 20 November 2020
of 3.35% plus 145 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 15 November 2025
Books Close 10 February, 10 May, 10 August, 10 November
Interest Date(s) 20 February, 20 May, 20 August, 20 November
Last Day to Register by 17:00 on 9 February, 9 May, 9 August, 9
November
Date Convention Following
Interest Commencement Date 20 November 2020
Next Interest Date 22 February 2021
Call / Step Up Date 20 November 2022
ISIN No. ZAG000164237
Bond Code LRFB3
Nominal Issued R 52,500,000.00
Issue Price R 52,500,000.00
Coupon 5.000% (3 Month JIBAR as at 20 November 2020
of 3.350% plus 165 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 15 November 2025
Books Close 10 February, 10 May, 10 August, 10 November
Interest Date(s) 20 February, 20 May, 20 August, 20 November
Last Day to Register by 17:00 on 9 February, 9 May, 9 August, 9
November
Date Convention Following
Interest Commencement Date 20 November 2020
Next Interest Date 22 February 2021
Call / Step Up Date 20 November 2022
ISIN No. ZAG000164211
Bond Code LRFC3
Nominal Issued R 17,500,000.00
Issue Price R 17,500,000.00
Coupon 5.150% (3 Month JIBAR as at 20 November 2020
of 3.35% plus 180 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 15 November 2025
Books Close 10 February, 10 May, 10 August, 10 November
Interest Date(s) 20 February, 20 May, 20 August, 20 November
Last Day to Register by 17:00 on 9 February, 9 May, 9 August, 9
November
Date Convention Following
Interest Commencement Date 20 November 2020
Next Interest Date 21 February 2021
Call / Step Up Date 20 November 2022
ISIN No. ZAG000164229
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
20 November 2020
Sponsor
Sasfin Bank Limited
Date: 20-11-2020 04:45:00
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