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SUPERDRIVE INVESTMENTS (RF) LIMITED - REDEMPTION BY THE ISSUER ON 21 AUGUST 2015 OF THE CLASS A3 NOTES

Release Date: 07/08/2015 12:00
Code(s): SPDA2 SPDA3 SPDA4 SPDA5 SPDA6     PDF:  
Wrap Text
REDEMPTION BY THE ISSUER ON 21 AUGUST 2015 OF THE CLASS A3 NOTES

SuperDrive Investments (RF) Limited
Stock Code: SPDA2, SPDA3, SPDA4, SPDA5, SPDA6
ISIN Code: ZAG000088782, ZAG000094202, ZAG000094210,
ZAG000118696, ZAG000118704



SUPERDRIVE INVESTMENTS (RF) LIMITED (Registration
Number 2011/000895/06)(the "Issuer")

REDEMPTION BY THE ISSUER ON 21 AUGUST 2015 (SCHEDULED MATURITY
DATE) OF THE CLASS A3 NOTES ISSUED BY THE ISSUER UNDER STOCK
CODE SPDA3 UNDER THE ZAR10,000,000,000 ASSET BACKED DOMESTIC
MEDIUM TERM NOTE PROGRAMME OF THE ISSUER AND THE REPAYMENT OF
AND REDUCTION IN THE SUBORDINATED LOAN

A. NOTICE

Notice is hereby given that, the Issuer shall, on 21 August
2015, redeem the Class A3 Notes issued by the Issuer on 26
April 2012 in an amount of ZAR821,000,000 under stock code
SPDA3 (the "SPDA3 Notes"), which Notes were issued under the
Issuer's ZAR10,000,000,000 asset backed domestic medium term
note programme established in terms of a programme memorandum
dated on or about 24 August 2011 ("Programme Memorandum"). The
Scheduled Maturity Date of the SPDA3 Notes is 21 August 2015.

Notice is hereby further given that the Issuer shall on 21
August 2015 repay a portion of the Subordinated Loan, which
repayment shall be made subject to the Priority of Payment and
as a result of which the Principal Owing under the
Subordinated Loan shall be reduced.

By order of the board of the Company

Date: 7 August 2015
Sponsor: The Standard Bank of South Africa Limited, acting
through its Corporate and Investment Banking Division.

Further information please contact:
Mike Brunke              SBSA (Sponsor)      (011) 721 8101
Email: mike.brunke@standardbank.co.za

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