| Mon 15 Aug 2016, 14:21 | | SANLAM LIFE INSURANCE LIMITED - SLI4 - New Financial Instrument Listing |
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SLI4 201608150026A
SLI4 - New Financial Instrument Listing
SANLAM LIFE INSURANCE LIMITED
Registration number 1998/021121/06
Bond Code: SLI4
ISIN No: ZAG000138629
NEW FINANCIAL INSTRUMENT LISTING
The JSE Limited has granted a financial instrument listing to SANLAM LIFE INSURANCE LIMITED, “SLI4”
under its Unsecured Subordinated Note Programme dated 2 August 2016.
INSTRUMENT TYPE: CALLABLE FLOATING RATE NOTE
Authorised Programme size R6,000,000,000.00
Total Notes in Issue R2,160,000,000.00
Full Note details are as follows:
Bond Code SLI4
Nominal Issued R1,000,000,000.00
Issue Price 100%
Coupon Rate 9.55% (3 Month JIBAR as at 15 August 2016 of 7.350% plus
220 bps)
Step up rate 3 Month JIBAR plus 330 bps
Coupon Rate Indicator Floating
Trade Type Price
Final Maturity Date 15 August 2026
First Call Date 15 August 2021
Interest Payment Dates 15 August, 15 November, 15 February and 15 May
First Interest Payment Date 15 November 2016
Last Day to Register by 17:00 on 4 August, 4 November, 4 February and 4 May
Books Close 5 August, 5 November, 5 February and 5 May
Issue Date 15 August 2016
Date Convention Following Business Day
Interest Commencement Date 15 August 2016
ISIN No. ZAG000138629
15 August 2016
Debt Sponsor
Absa Bank Limited (acting through its Corporate and Investment Bank division)
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