| Fri 2 Sep 2011, 15:32 | | BISPDR - SuperDrive Investments (Proprietary) Limited (RF) - New financial |
|
JSE
BISPDR
BISPDR - SuperDrive Investments (Proprietary) Limited (RF) - New financial
instrument listing announcement
SuperDrive Investments (Proprietary) Limited (RF) - SPDA1, SPDA2
Dated: 2 September 2011
Stock Code: SPDA1, SPDA2
ISIN Code: ZAG000088774, ZAG000088782
The JSE Limited has granted a listing to SuperDrive Investments
(Proprietary) Limited (RF) Floating Rate Notes SPDA1 and SPDA2 due 21
August 2021 and 21 August 2023 respectively - sponsored by The Standard Bank
of South Africa Limited (acting through its Corporate and Investment Banking
Division), under its Asset Backed Note Programme.
Authorised Programme size R10,000,000,000.00
Total notes issued R2,000,000,000.00
Full Note details are as follows:
Designation of Note: Class A1 Note
Nominal Issued: ZAR 926,000,000.00
Coupon Rate: 6.775% (being 120 bps over 3 month JIBAR
of 5.575%)
Coupon Step-Up Rate: 40 bps plus coupon
Coupon Indicator: Floating
Maturity Date: 21 August 2021
First Interest Payment Date: 21 November 2011
Coupon Step-Up Date: 21 August 2014
Interest Payment Dates: each 21 February, 21 May, 21 August and
21 November
Books Close: each 16 February, 16 May, 16 August and
16 November
Last day to register: By17:00 on 15 February, 15 May, 15 August
and 15 November of each year
Interest Commencement Date: 2 September 2011
Settlement Date: 2 September 2011
Rating: Aaa.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa Limited
Designation of Note: Class A2 Note
Nominal Issued: ZAR 1,074,000,000.00
Coupon Rate: 6.975% (being 140 bps over 3 month JIBAR
of 5.575%)
Coupon Step-Up Rate: 50 bps plus coupon
Coupon Indicator: Floating
Maturity Date: 21 August 2023
First Interest Payment Date: 21 November 2011
Coupon Step-Up Date: 21 August 2016
Interest Payment Dates: each 21 February, 21 May, 21 August and
21 November
Books Close: each 16 February, 16 May, 16 August and
16 November
Last day to register: By 17:00h on 15 February, 15 May, 15
August and 15 November of each year
Interest Commencement Date: 2 September 2011
Settlement Date: 2 September 2011
Rating: Aaa.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa Limited
Date: 2 September 2011
Sponsor: Standard Bank
Notes will be deposited in the Central Depository ("CSD") and settlement
will take place electronically in terms of JSE Rules.
Further information on the Note issued please contact:
Mike Brunke SBSA (Sponsor) (011) 378 8101
Email: mike.brunke@standardbank.co.za
Date: 02/09/2011 15:32:01 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.
