| Thu 26 Apr 2012, 12:25 | | BISPDR - SuperDrive Investments (Proprietary) Limited (RF) - New Financial |
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JSE
BISPDR
BISPDR - SuperDrive Investments (Proprietary) Limited (RF) - New Financial
Instrument Listing Announcement
SuperDrive Investments (Proprietary) Limited (RF) - SPDA3, SPDA4
Dated: 26 April 2012
Stock Code: SPDA3, SPDA4
ISIN Code: ZAG000094202, ZAG000094210
The JSE Limited has granted a listing to SuperDrive Investments (Proprietary)
Limited (RF) Floating Rate Notes SPDA3 and SPDA4 due 21 August 2022 and 21
August 2024 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 (R3,500,000,000.00)
Full Note details are as follows:
Designation of Note: Class A3 Note
Nominal Issued: ZAR 821,000,000
Coupon Rate: 6.85% (being 125 bps over 3 month
JIBAR of 5.60%)
Coupon Step-Up Rate: 40 bps plus coupon
Coupon Indicator: Floating
Maturity Date: 21 August 2022
First Interest Payment Date: 21 May 2012
Coupon Step-Up Date: 21 August 2015
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: 26 April 2012
Settlement Date: 26 April 2012
Rating: Aaa.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa Limited
Designation of Note: Class A4 Note
Nominal Issued: ZAR 679,000,000,000
Coupon Rate: 7.05% (being 145 bps over 3 month
JIBAR of 5.60%)
Coupon Step-Up Rate: 50 bps plus coupon
Coupon Indicator: Floating
Maturity Date: 21 August 2024
First Interest Payment Date: 21 May 2012
Coupon Step-Up Date: 21 August 2017
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: 26 April 2012
Settlement Date: 26 April 2012
Rating: Aaa.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa Limited
Date: 26 April 2012
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: 26/04/2012 12:25:01 Produced by the JSE SENS Department.
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