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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 1,515,000,000.00
Bond Code SLRA6
Nominal Issued R 357,000,000.00
Issue Price R 357,000,000.00
Coupon 9.400% (3 Month JIBAR as at 15 February 2023
of 7.450% plus 195 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 15 February 2023
Next Interest Date 15 May 2023
Call / Step Up Date 15 November 2023
ISIN No. ZAG000172230
Bond Code SLRA7
Nominal Issued R 276,000,000.00
Issue Price R 276,000,000.00
Coupon 9.350% (3 Month JIBAR as at 15 February 2023
of 7.450% plus 190 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 15 November 2025
Books Close 5 February, 5 May, 5 August, 5 November
Interest 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 15 February 2023
Next Interest Date 15 May 2023
Call / Step Up Date 15 August 2024
ISIN No. ZAG000178559
Bond Code SLRA8
Nominal Issued R 323,000,000.00
Issue Price R 323,000,000.00
Coupon 9.250% (3 Month JIBAR as of 15 February 2023
of 7.450% plus 180 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 15 November 2030
Books Close 5 February, 5 May, 5 August, 5 November
Interest 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 15 February 2023
Next Interest Date 15 May 2023
Call / Step Up Date 15 August 2025
ISIN No. ZAG000188822
Bond Code SLRA9
Nominal Issued R 248,000,000.00
Issue Price R 248,000,000.00
Coupon 9.550% (3 Month JIBAR as of 15 February 2023
of 7.450% plus 210 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 15 November 2030
Books Close 5 February, 5 May, 5 August, 5 November
Interest 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 15 February 2023
Next Interest Date 15 May 2023
Call / Step Up Date 15 August 2027
ISIN No. ZAG000188855
Bond Code SLRB6
Nominal Issued R 31,000,000.00
Issue Price R 31,000,000.00
Coupon 9.750% (3 Month JIBAR as at 15 February 2023
of 7.450% 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 15 February 2023
Next Interest Date 15 May 2023
Call / Step Up Date 15 November 2023
ISIN No. ZAG000172214
Bond Code SLRB7
Nominal Issued R 45,000,000.00
Issue Price R 45,000,000.00
Coupon 9.650% (3 Month JIBAR as at 15 February 2023
of 7.450% plus 220 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 15 November 2025
Books Close Date(s) 5 February, 5 May, 5 August, 5 November
Interest 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 15 February 2023
Next Interest Date 15 May 2023
Call / Step Up Date 15 August 2024
ISIN No. ZAG000178542
Bond Code SLRB8
Nominal Issued R 18,000,000.00
Issue Price R 18,000,000.00
Coupon 9.450% (3 Month JIBAR as of 15 February 2023
of 7.450% plus 200 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 15 November 2030
Books Close 5 February, 5 May, 5 August, 5 November
Interest 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 15 February 2023
Next Interest Date 15 May 2023
Call / Step Up Date 15 August 2025
ISIN No. ZAG000188830
Bond Code SLRB9
Nominal Issued R 81,000,000.00
Issue Price R 81,000,000.00
Coupon 9.750% (3 Month JIBAR as of 15 February 2023
of 7.450% plus 230 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 15 November 2030
Books Close 5 February, 5 May, 5 August, 5 November
Interest 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 15 February 2023
Next Interest Date 15 May 2023
Call / Step Up Date 15 August 2027
ISIN No. ZAG000188863
Bond Code SLRC6
Nominal Issued R 25,000,000.00
Issue Price R 25,000,000.00
Coupon 9.950% (3 Month JIBAR as at 15 February 2023
of 7.450% plus 250 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 15 February 2023
Next Interest Date 15 May 2023
Call / Step Up Date 15 November 2023
ISIN No. ZAG000172222
Bond Code SLRC7
Nominal Issued R 20,000,000.00
Issue Price R 20,000,000.00
Coupon 9.900% (3 Month JIBAR as at 15 February 2023
of 7.450% plus 245 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 15 November 2025
Books Close 5 February, 5 May, 5 August, 5 November
Interest 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 15 February 2023
Next Interest Date 15 May 2023
Call / Step Up Date 15 August 2024
ISIN No. ZAG000178583
Bond Code SLRC8
Nominal Issued R 30,000,000.00
Issue Price R 30,000,000.00
Coupon 9.850% (3 Month JIBAR as of 15 February 2023
of 7.450% plus 240 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 15 November 2030
Books Close 5 February, 5 May, 5 August, 5 November
Interest 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 15 February 2023
Next Interest Date 15 May 2023
Call / Step Up Date 15 August 2025
ISIN No. ZAG000188848
Bond Code SLRC9
Nominal Issued R 61,000,000.00
Issue Price R 61,000,000.00
Coupon 10.150% (3 Month JIBAR as of 15 February
2023 of 7.450% plus 270 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 15 November 2030
Books Close 5 February, 5 May, 5 August, 5 November
Interest 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 15 February 2023
Next Interest Date 15 May 2023
Call / Step Up Date 15 August 2027
ISIN No. ZAG000188871
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
Sandown Sandton
16 February 2023
Sponsor
Sasfin Bank Limited
Date: 16-02-2023 09:15:00
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