Wrap Text
BISPDR-New Financial Instrument Listings
SuperDrive Investments (RF) Limited
Incorporated in the Republic of South Africa
(Registration number 2011/000895/06)
(“SuperDrive”)
General Issuer Code: BISPDR
Stock Code: SPDA14 ISIN Code: ZAG000178658
Stock Code: SPDA15 ISIN Code: ZAG000178666
New Financial Instrument Listing Announcement
The JSE Limited (“JSE”) has, with effect from 23 August 2021, granted
SuperDrive the listing of its Secured Floating Rate Notes, SPDA14
and SPDA15, due (Legal Maturity) 21 August 2030, issued in terms of
its ZAR10,000,000,000 Asset Backed Domestic Medium Term Note
Programme (Programme”).
Total Notes in issue under the Programme (including this
issuance): ZAR3,618,000,000.00
Stock Code: SPDA14
ISIN: ZAG000178658
Nominal Issued: ZAR750,000,000.00
Issue Date: 23 August 2021
Issue Price: 100%
Coupon Rate: 3 month JIBAR plus 119 bps
Coupon Step-Up Rate: 40 bps to be added to the 3 month
JIBAR plus 119 bps
Coupon Rate Indicator: Floating
Trade Type: Price
Final Maturity Date: 21 August 2030
Coupon Step-Up Date: 21 August 2024
Interest Payment Dates: 21 February, 21 May, 21 August and
21 November of each year
Books Close: 16 to 21 February, 16 to 21 May,
16 to 21 August and 16 to 21 November
of each year
Last day to register: By 17:00 on 15 February, 15 May,
15 August and 15 November of each
year
Date Convention: Following
Interest Commencement Date: 23 August 2021
First Interest Payment Date: 21 November 2021
Settlement Date: 23 August 2021
Rating: Aaa.za(sf)/Baa1(sf)
Rating Agency: Moody’s Investor Services
Additional information: Secured Class A Notes
Level of Collateralisation: Minimum Credit Enhancement at the
Issue Date is 20.0%
Placement Agent: The Standard Bank of South Africa
Limited
Stock Code: SPDA15
ISIN: ZAG000178666
Nominal Issued: ZAR750,000,000.00
Issue Date: 23 August 2021
Issue Price: 100%
Coupon Rate: 3 month JIBAR plus 131 bps
Coupon Step-Up Rate: 40 bps to be added to the 3 month
JIBAR plus 131 bps
Coupon Rate Indicator: Floating
Trade Type: Price
Final Maturity Date: 21 August 2030
Coupon Step-Up Date: 21 August 2026
Interest Payment Dates: 21 February, 21 May, 21 August and
21 November of each year
Books Close: 16 to 21 February, 16 to 21 May,
16 to 21 August and 16 to 21 November
of each year
Last day to register: By 17:00 on 15 February, 15 May,
15 August and 15 November of each
year
Date Convention: Following
Interest Commencement Date: 23 August 2021
First Interest Payment Date: 21 November 2021
Settlement Date: 23 August 2021
Rating: Aaa.za(sf)/Baa1(sf)
Rating Agency: Moody’s Investors Service
Additional information: Secured Class A Notes
Level of Collateralisation: Minimum Credit Enhancement at the
Issue Date is 20.0%
Placement Agent: The Standard Bank of South Africa
Limited
Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
There are no additional terms and conditions or changes to the terms
and conditions to the Programme which are contained in the APS.
For further information on the Notes issued please contact:
Peet Kruger Standard Bank (Transactional Debt Sponsor)
Mobile: +27(0)82 708 6123 Email: peet.kruger@standardbank.co.za
Johannesburg
20 August 2021
Transactional Debt Sponsor
The Standard Bank of South Africa Limited, acting through its
Corporate and Investment Banking division
Debt Sponsor
Merchantec Capital
Date: 20-08-2021 08:51:00
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.