Wrap Text
UBB1 - New financial instruments listing announcement
Urban Ubomi 1 (RF) Limited
("Urban Ubomi 1")
Issuer Code: UBB1
New Financial Instruments Listing Announcement
Dated: 31 March 2026
Stock Codes: UU1A14, UU1B05, UU1C05, UU1D01
ISIN Codes: ZAG000223405, ZAG000223389, ZAG000223371, ZAG000223363
The JSE Limited has granted Urban Ubomi 1 the listing of its UU1A14, UU1B05, UU1C05, UU1D01" Floating Rate
Notes all due on 15 May 2043 (Step-up and call date of 15 May 2028); and issued in terms of its
ZAR2,500,000,000 Asset Backed Note Programme dated on or about 12 March 2021
Total notes outstanding (incl. this issue) ZAR1,222,000,000
Full Note details are as follows:
Bond Code: UU1A14
Designation of Note: Class A2 Note
Nominal Issued: ZAR882,000,000
Coupon Rate: 8.750% (being 200 bps over 3-month
JIBAR of 6.750%)
Issue Price: 100%
Coupon Step-Up Rate: 260 bps over 3-month JIBAR
Coupon Indicator: Floating
Final Redemption Date: 15 May 2043
First Interest Payment Date: 15 May 2026
Coupon Step-Up Date: 15 May 2028
Interest Payment Dates: 15 February, 15 May, 15 August and
15 November of each year until the
Final Redemption Date
Books Close: 10 to 14 February, 10 to 14 May, 10
to 14 August and 10 to 14 November
(all dates inclusive) in each year
until the Final Redemption Date
Last day to register: By 17:00 on 9 February, 9 May, 9
August and 9 November until the
Final Redemption Date, on the
calendar day preceding the Books
Closed Period, or, if such day is
not a Business Day, the immediately
preceding day that is a Business Day
Business Day Convention: Following Business Day
Interest Commencement Date: 1 April 2026
Settlement Date: 1 April 2026
Rating: AAA(za) (sf) by The Global Credit
Rating Agency (GCR)
Placement Agent: The Standard Bank of South Africa
Limited
Bond Code: UU1B05
Designation of Note: Class B Note
Nominal Issued: ZAR221,000,000
Coupon Rate: 9.220% (being 247bps over 3-month
JIBAR of 6.750%)
Coupon Step-Up Rate: 321bps over 3-month JIBAR
Issue Price: 100%
Coupon Indicator: Floating
Final Redemption Date: 15 May 2043
First Interest Payment Date: 15 May 2026
Coupon Step-Up Date: 15 May 2028
Interest Payment Dates: 15 February, 15 May, 15 August and 15
November of each year until the
Final Redemption Date
Books Close: 10 to 14 February, 10 to 14 May, 10
to 14 August and 10 to 14 November
(all dates inclusive) in each year
until the Final Redemption Date
Last day to register: By 17:00 on 9 February, 9 May, 9
August and 9 November until the
Final Redemption Date, on the
calendar day preceding the Books
Closed Period, or, if such day is
not a Business Day, the immediately
preceding day that is a Business Day
Business Day Convention: Following Business Day
Interest Commencement Date: 1 April 2026
Settlement Date: 1 April 2026
Rating: A+(za)(sf) by The Global Credit
Rating Agency (GCR)
Placement Agent: The Standard Bank of South Africa
Limited
Bond Code: UU1C05
Designation of Note: Class C Note
Nominal Issued: ZAR65,000,000
Coupon Rate: 10.300% (being 355bps over 3-month
JIBAR of 6.750%)
Coupon Step-Up Rate: 462bps over 3-month JIBAR
Issue Price: 100%
Coupon Indicator: Floating
Final Redemption Date: 15 May 2043
First Interest Payment Date: 15 May 2026
Coupon Step-Up Date: 15 May 2028
Interest Payment Dates: 15 February, 15 May, 15 August and
15 November of each year until the
Final Redemption Date Books Close:
10 to 14 February, 10 to 14
May, 10 to 14 August and 10 to 14
November (all dates inclusive) in
each year until the Final Redemption
Date
Last day to register: By 17:00 on 9 February, 9 May, 9
August and 9 November until the
Final Redemption Date, on the
calendar day preceding the Books
Closed Period, or, if such day is
not a Business Day, the immediately
preceding day that is a Business Day
Business Day Convention: Following Business Day
Interest Commencement Date: 1 April 2026
Settlement Date: 1 April 2026
Rating: BBB+(za)(sf) by The Global Credit
Rating Agency (GCR)
Placement Agent: The Standard Bank of South Africa
Limited
Bond Code: UU1D01
Designation of Note: Class D Note
Nominal Issued: ZAR54,000,000
Coupon Rate: 11.550% (being 480bps over 3-month
JIBAR of 6.750%)
Coupon Step-Up Rate: 624bps over 3-month JIBAR
Issue Price: 100%
Coupon Indicator: Floating
Final Redemption Date: 15 May 2043
First Interest Payment Date: 15 May 2026
Coupon Step-Up Date: 15 May 2028
Interest Payment Dates: 15 February, 15 May, 15 August and 15
November of each year until the
Final Redemption Date
Books Close: 10 to 14 February, 10 to 14 May, 10
to 14 August and 10 to 14 November
(all dates inclusive) in each year
until the Final Redemption Date
Last day to register: By 17:00 on 9 February, 9 May, 9
August and 9 November until the
Final Redemption Date, on the
calendar day preceding the Books
Closed Period, or, if such day is
not a Business Day, the immediately
preceding day that is a Business Day
Business Day Convention: Following Business Day
Interest Commencement Date: 1 April 2026
Settlement Date: 1 April 2026
Rating: Unrated
Placement Agent: The Standard Bank of South Africa
Limited
Notes will be deposited in the Central Depository ("CSD") and settlement will take place electronically in
terms of JSE Rules.
Debt Sponsor
The Standard Bank of South Africa Limited
Date: 31-03-2026 02:12:00
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