| Thu 17 Nov 2011, 11:14 | | ERS3C2 - South African Securitisation Programme (RF) Limited - New Financial |
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ERS3C2 - South African Securitisation Programme (RF) Limited - New Financial
Instrument Listing
South African Securitisation Programme (RF) Limited
(Registration No: 1991/002706/07)
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
NEW FINANCIAL INSTRUMENT LISTING
The JSE Limited has granted South African Securitisation Programme a listing of
the following Notes, in terms of its R5,000,000,000 Domestic Medium Term Note
Programme. The terms and conditions are contained in the Programme Memorandum
dated 11 November 2011, as read with the Series Supplement dated 11 November
2011 relating to Series 1.
Instrument Type Class C Secured Note
Authorised Programme Size R 5,000,000,000.00
Total Notes in Issue R 1,167,000,000.00
Bond Code ERS3C2
Nominal Issued R29, 000,000.00
Issue Price R100%
Coupon FRN
First Coupon 8.2250% (2.65% over the 3 month JIBAR
Rate of 5.575% as at 14 November 2011)
Scheduled Maturity Date 17 August 2014
Step Up Rate Plus 1.00% (Coupon will be 3-month JIBAR
plus normal coupon rate and step up
coupon rate)
Final Maturity Date 17 November 2025
First Interest Payment Date 17 February 2012
Interest Payment Dates 17 February, 17 May, 17 August, and
17 November
Books Close 06 February, 06 May, 06 August, and
06 November
Last Day to Register Before 17h00 on 05 February, 05 May,
05 August, and 05 November
Business Date Convention Following
Date Issued 17 November 2011
ISIN Number ZAG000090713
Credit Rating Assigned BBB(zaf) by Fitch Southern Africa (Proprietary)
Limited
The Programme Memorandum and Series Supplement can be found on the JSE`s website
or at the following address: www.sasfin.com
For further information please contact:
Mr. Louis Dirker (Sasfin Bank Limited) (011) 809 7590
Waverley
17 November 2011
Sponsor
Sasfin Bank Limited
Date: 17/11/2011 11:14:01 Produced by the JSE SENS Department.
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