TRANSSEC 5 (RF) LIMITED - TRA5B1 TRA5B2 TRA5C1 TRA5C2 - Class B & Class C Interest Deferral Event

TRA5B1 TRA5B2 TRA5C1 TRA5C2 - Class B & Class C Interest Deferral Event

Transsec 5 (RF) Limited – Class B & Class C Interest Deferral Event


Dated: 17 September 2024

Stock Codes:
TRA5B1 - ZAG000176504
TRA5B2 - ZAG000181587
TRA5C1 - ZAG000176520
TRA5C2 - ZAG000181579


Based on the calculation of the priority of payments as at the determination date 31 August 2024, an interest
deferral event in respect of the Class B and Class C notes has occurred due to a principal deficiency in the
structure.

The interest amounts in respect of the Class B & Class C Notes which will be deferred on 20 September 2024 
Interest Payment Date, are listed below:

  TRA5B1                10.60% p.a (225bps over 3-month Jibar of 8.35% as at 20 September 2024), equating to a
                        nominal interest deferral amount of R4,007,671.23
  TRA5B2                10.30% p.a (195bps over 3-month Jibar of 8.35% as at 20 September 2024), equating to a
                        nominal interest deferral amount of R 2,258,663.01
  TRA5C1                12.25% p.a (390bps over 3-month Jibar of 8.35% as at 20 September 2024), equating to a
                        nominal interest deferral amount of R 1,852,602.74
  TRA5C2                12.25% p.a (390bps over 3-month Jibar of 8.35% as at 20 September 2024), equating to a
                        nominal interest deferral amount of R 1,080,684.93



For further information on the Notes issued please contact:
Nicholas Gunning
Standard Bank
(011) 721 7112
Email: nicholas.gunning@standardbank.co.za


Debt Sponsor
The Standard Bank of South Africa Limited




Trans5LH_23.08.17                                                          Transsec 5 (RF) Limited Reg. No. 2020/886422/06
                                                                            a Transaction Capital company

                                                           179 – 15th Road, Randjespark, Midrand • Box 41888, Craighall, 2024
An authorised credit provider NCRCP14785                  Tel: 0861 829 448 • Fax: 011 447 2885 • Website: www.sataxi.co.za

Date: 17-09-2024 10:15:00
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