Wrap Text
SL18 and SL19 - New Financial Instruments Listing
SANLAM LIFE INSURANCE LIMITED
Registration number 1998/021121/06
Bond Code: SLI8
ISIN No: ZAG000199290
Bond Code: SLI9
ISIN No: ZAG000199308
NEW FINANCIAL INSTRUMENTS LISTING
The JSE Limited has granted financial instrument listings to SANLAM LIFE INSURANCE LIMITED, “SLI8”
and “SLI9” notes under its Unsecured Subordinated Note Programme dated 4 August 2021.
INSTRUMENT TYPES: FLOATING RATE NOTES
Authorised Programme size R6,000,000,000.00
Total Notes in Issue R2,000,000,000.00 (excluding these notes)
Full Note details are as follows:
Bond Code SLI8
ISIN No. ZAG000199290
Nominal Issued R972,000,000.00
Issue Price 100%
Coupon Rate 3 Month JIBAR plus 134 bps
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 05 April 2029
Last Day to Register By 17h00 on 25 December, 25 March, 24 June and
24 September, or if such day is not a Business Day, the
Business Day before each Books Closed Period, in each
year until Maturity Date
Books Close The Register will be closed from 26 December to
04 January, 26 March to 04 April, 25 June to 04 July and
25 September to 04 October (all dates inclusive) in each
year until the Maturity Date (all dates inclusive), or if any
early redemption occurs, 10 Days prior to actual Redemption
Date
Interest Payment Dates 05 January, 05 April, 05 July and 05 October, of each year
until the Maturity Date
First Interest Payment Date 05 January 2024
Interest Commencement Date 05 October 2023
Issue Date 05 October 2023
Date Convention Following Business Day
Full Note details are as follows:
Bond Code SLI9
ISIN No. ZAG000199308
Nominal Issued R1,028,000,000.00
Issue Price 100%
Coupon Rate 3 Month JIBAR plus 150 bps
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 05 October 2030
Last Day to Register By 17h00 on 25 December, 25 March, 24 June and
24 September, or if such day is not a Business Day, the
Business Day before each Books Closed Period, in each
year until Maturity Date
Books Close The Register will be closed from 26 December to
04 January, 26 March to 04 April, 25 June to 04 July and
25 September to 04 October (all dates inclusive) in each
year until the Maturity Date (all dates inclusive), or if any
early redemption occurs, 10 Days prior to actual Redemption
Date
Interest Payment Dates 05 January, 05 April, 05 July and 05 October, of each year
until the Maturity Date
First Interest Payment Date 05 January 2024
Interest Commencement Date 05 October 2023
Issue Date 05 October 2023
Date Convention Following Business Day
5 October 2023
Debt Sponsor
Absa Bank Limited (acting through its Corporate and Investment Bank division)
Date: 05-10-2023 07:05:00
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