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 1,352,740,000.00
Bond Code ERSA25
Nominal Issued R 108,540,000.00
Issue Price R 108,540,000.00
Coupon 6.325% (3 Month JIBAR as of 17 May 2022 of
4.525% 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 May 2022
Next Interest Date 17 August 2022
Call / Step Up Date 17 August 2022
ISIN No. ZAG000145913
Bond Code ERSA27
Nominal Issued R 36,200,000.00
Issue Price R 36,200,000.00
Coupon 5.825% (3 Month JIBAR as of 17 May 2022 of
4.525% 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 May 2022
Next Interest Date 17 August 2022
Call / Step Up Date 17 August 2022
ISIN No. ZAG000161464
Bond Code ERSA28
Nominal Issued R 263,000,000.00
Issue Price R 263,000,000.00
Coupon 6.575% (3 Month JIBAR as of 17 May 2022 of
4.525% plus 205 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 May 2022
Next Interest Date 17 August 2022
Call / Step Up Date 17 August 2023
ISIN No. ZAG000169731
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 May 2022
Sponsor
Sasfin Bank Limited
Date: 17-05-2022 02:10:00
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