TRANSSEC 5 (RF) LIMITED - Transsec 5 (RF) Limited Interest Rate reset, Interest Rate Payments and Interest Rate Deferral Announcement

Transsec 5 (RF) Limited Interest Rate reset, Interest Rate Payments and Interest Rate Deferral Announcement

  
  Transsec 5 (RF) Limited

  
  Transsec 5 (RF) Limited Interest Rate reset, Interest Rate Payments and Interest
  Rate Deferral Announcement: TR5A11, TR5A12, TR5A21, TR5A22, TR5A31,
  TRA5B1, TRA5B2, TRA5C1, TRA5C2


  Based on the calculation of the priority of payments as at the determination date of 30
  November 2024, an interest deferral event in respect of the Class B (TRA5B1 & TRA5B2) and
  Class C notes (TRA5C1 & TRA5C2) has occurred due to a principal deficiency in the structure.


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



                    10.350% p.a. being R 3,870,616.44 (225 bps over 3 month Jibar of 8.100%) for the period
     TRA5B1
                    20 September 2024 to 19 December 2024, (Following Business Day Convention)
                    10.050% p.a. being R 2,179,886.30 (195 bps over 3 month Jibar of 8.100%) for the period
     TRA5B2
                    20 September 2024 to 19 December 2024, (Following Business Day Convention)
                    12.000% p.a. being R 1,795,068.49 (390 bps over 3 month Jibar of 8.100%) for the period
     TRA5C1
                    20 September 2024 to 19 December 2024, (Following Business Day Convention)
                    12.000% p.a. being R 1,047,123.29 (390 bps over 3 month Jibar of 8.100%) for the period
     TRA5C2
                    20 September 2024 to 19 December 2024, (Following Business Day Convention)


  Interest rates payments for the period 20 December 2024 for each of the notes are listed below:


                    10.020% p.a. being R 1,338,742.72 (192 bps over 3 month Jibar of 8.100%) for the
     TR5A11
                    period 20 September 2024 to 19 December 2024, (Following Business Day Convention)
                    9.960% p.a. being R 695,698.87 (186 bps over 3 month Jibar of 8.100%) for the period
     TR5A12
                    20 September 2024 to 19 December 2024, (Following Business Day Convention)
                    9.640% p.a. being R 4,590,488.77 (154 bps over 3 month Jibar of 8.100%) for the period
     TR5A21
                    20 September 2024 to 19 December 2024, (Following Business Day Convention)



      TR5A22        9.790% p.a. being R 4,246,982.47 (169 bps over 3 month Jibar of 8.100%) for the period

                    20 September 2024 to 19 December 2024, (Following Business Day Convention)
                    7.610% p.a. being R 3,052,339.73 (fixed rate note) for the period 20 June 2024 to 19
     TR5A31
                    December 2024.


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


  17 December 2024


  Debt Sponsor
  The Standard Bank of South Africa Limited




                                                                              Transsec 5 (RF) Limited Reg. No. 2020/886422/06

Date: 17-12-2024 09:35:00
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