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Interest rate reset
South African Securitisation Programme (RF) Limited
(Registration No: 1991/002706/06)
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
INTEREST RATE RESET
INSTRUMENT TYPE: FLOATING RATE CALLABLE NOTE
Authorised Programme size R 5,000,000,000.00
Total Notes Outstanding R 1,658,000,000.00
1.Bond Code ERSA29
Nominal Issued R 431,000,000.00
Issue Price R 431,000,000.00
Coupon 9.633% (3 Month JIBAR as of 18 November 2024
of 7.933% plus 170 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 17 November 2030
Books Close 7 February, 7 May, 7 August, 7 November
Interest Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register by 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 18 November 2024
Next Interest Date 17 February 2025
Call / Step-up date 17 May 2025
ISIN No. ZAG000185760
2. Bond Code ERSA30
Nominal Issued R 344,000,000.00
Issue Price R 344,000,000.00
Coupon 9.933% (3 Month JIBAR as of 18 November 2024
of 7.933% plus 200 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 17 November 2030
Books Close 7 February, 7 May, 7 August, 7 November
Interest Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register by 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 18 November 2024
Next Interest Date 17 February 2025
Call / Step-up date 17 May 2027
ISIN No. ZAG000185778
3. Bond Code ERSA31
Nominal Issued R 387,000,000.00
Issue Price R 387,000,000.00
Coupon 10.133% (3 Month JIBAR as of 18 November
2024 of 7.933% plus 220 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 17 November 2030
Books Close 7 February, 7 May, 7 August, 7 November
Interest Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register by 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 18 November 2024
Next Interest Date 17 February 2025
Call / Step-Up Date 17 February 2028
ISIN No. ZAG000193574
4. Bond Code ERSA32
Nominal Issued R 263,000,000.00
Issue Price R 263,000,000.00
Coupon 9.833% (3 Month JIBAR as of 18 November 2024
of 7.933% plus 190 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 17 November 2030
Books Close 7 February, 7 May, 7 August, 7 November
Interest Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register by 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 18 November 2024
Next Interest Date 17 February 2025
Call / Step-up Date 17 August 2026
ISIN No. ZAG000198029
5. Bond Code ERS3B8
Nominal Issued R 46,000,000.00
Issue Price R 46,000,000.00
Coupon 9.833% (3 Month JIBAR as of 18 November 2024
of 7.933% plus 190 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 17 November 2030
Books Close 7 February, 7 May, 7 August, 7 November
Interest Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register by 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 18 November 2024
Next Interest Date 17 February 2025
Call / Step-up date 17 May 2025
ISIN No. ZAG000185794
6. Bond Code ERS3B9
Nominal Issued R 79,000,000.00
Issue Price R 79,000,000.00
Coupon 10.133% (3 Month JIBAR as of 18 November
2024 of 7.933% plus 220 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 17 November 2030
Books Close 7 February, 7 May, 7 August, 7 November
Interest Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register by 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 18 November 2024
Next Interest Date 17 February 2025
Call / Step-up date 17 May 2027
ISIN No. ZAG000185802
7. Bond Code ERSB10
Nominal Issued R 46,000,000.00
Issue Price R 46,000,000.00
Coupon 10.333% (3 Month JIBAR as of 18 November
2024 of 7.933% plus 240 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 17 November 2030
Books Close 7 February, 7 May, 7 August, 7 November
Interest Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register by 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 18 November 2024
Next Interest Date 17 February 2025
Call / Step-up date 17 February 2028
ISIN No. ZAG000193509
8. Bond Code ERS3C8
Nominal Issued R 21,000,000.00
Issue Price R 21,000,000.00
Coupon 9.983% (3 Month JIBAR as of 18 November 2024
of 7.933% plus 205 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 17 November 2030
Books Close 7 February, 7 May, 7 August, 7 November
Interest Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register by 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 18 November 2024
Next Interest Date 17 February 2025
Call / Step-up date 17 May 2025
ISIN No. ZAG000185810
9. Bond Code ERS3C9
Nominal Issued R 24,000,000.00
Issue Price R 24,000,000.00
Coupon 10.283% (3 Month JIBAR as of 18 November
2024 of 7.933% plus 235 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 17 November 2030
Books Close 7 February, 7 May, 7 August, 7 November
Interest Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register by 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 18 November 2024
Next Interest Date 17 February 2025
Call / Step-up date 17 May 2027
ISIN No. ZAG000185786
10. Bond Code ERSC10
Nominal Issued R 17,000,000.00
Issue Price R 17,000,000.00
Coupon 10.483% (3 Month JIBAR as of 18 November
2024 of 7.933% plus 255 basis points)
Coupon Indictor Floating
Trade Type Price
Final Maturity Date 17 November 2030
Books Close 7 February, 7 May, 7 August, 7 November
Interest Date(s) 17 February, 17 May, 17 August, 17 November
Last Day to Register by 17:00 on 6 February, 6 May, 6 August, 6
November
Date Convention Following
Interest Commencement Date 18 November 2024
Next Interest Date 17 February 2025
Call / Step-Up Date 17 February 2028
ISIN No. ZAG000193517
Additional Information Secured notes
The notes will be immobilised in the Central Securities Depository
("CSD") and settlement will take place electronically in terms of JSE
Rules.
For further information please contact: Mr. Dhesegan Govender
(Sasfin Bank Limited) (011) 809 7892
Johannesburg
18 November 2024
Sponsor
Sasfin Bank Limited
Date: 18-11-2024 04:30:00
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