Wrap Text
TORQ8-10 New Instrument Listing
Torque Securitisation (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2012/030043/06)
Company code: TSRF
(“Torque”)
ISIN TORQ8: ZAG000128760
ISIN TORQ9: ZAG000128778
ISIN TORQ10: ZAG000128786
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE Limited has granted Torque the listing of its TORQ8, TORQ9
and TORQ10 note, in terms of its ZAR5,000,000,000 Secured Asset
Backed Note Programme dated 8 August 2012.
Total Notes in Issue: R891,000,000.00 (including these
issuances of Notes)
Instrument Type: Class A Secured Floating Rate Note
Instrument Code: TORQ8
Nominal Issued: R238,000,000.00
Issue Price: 100%
Interest Rate: 8.100% (3 month JIBAR as at 7 August
2015 of 6.300% plus 180 bps)
Coupon Rate Indicator: Floating rate
Issue Date: 17 August 2015
Interest Commencement Date: 17 August 2015
First Interest Date: 15 November 2015
Scheduled Maturity Date: 15 August 2018
Legal Final Maturity Date: 15 August 2026
Last day to Register: By 17h00 on 4 November, 4 February, 4
May and 4 August of each year until the
Legal Final Maturity Date
Books Close: 5 November, 5 February, 5 May and 5
August of each year until the Legal
Final Maturity Date
Interest Payment Dates: 15 November, 15 February, 15 May and 15
August of each year until the Legal
Final Maturity Date
ISIN: ZAG000128760
Business Day Convention: Following Business Day
Instrument Type: Class B Secured Floating Rate Note
Instrument Code: TORQ9
Nominal Issued: R84,000,000.00
Issue Price: 100%
Interest Rate: 8.400% (3 month JIBAR as at 7 August
2015 of 6.300% plus 210 bps)
Coupon Rate Indicator: Floating rate
Issue Date: 17 August 2015
Interest Commencement Date: 17 August 2015
First Interest Date: 15 November 2015
Scheduled Maturity Date: 15 August 2018
Legal Final Maturity Date: 15 August 2026
Last day to Register: By 17h00 on 4 November, 4 February, 4
May and 4 August of each year until the
Legal Final Maturity Date
Books Close: 5 November, 5 February, 5 May and 5
August of each year until the Legal
Final Maturity Date
Interest Payment Dates: 15 November, 15 February, 15 May and 15
August of each year until the Legal
Final Maturity Date
ISIN: ZAG000128778
Business Day Convention: Following Business Day
Instrument Type: Class C Secured Floating Rate Note
Instrument Code: TORQ10
Nominal Issued: R49,000,000.00
Issue Price: 100%
Interest Rate: 9.300% (3 month JIBAR as at 7 August
2015 of 6.300% plus 300 bps)
Coupon Rate Indicator: Floating rate
Issue Date: 17 August 2015
Interest Commencement Date: 17 August 2015
First Interest Date: 15 November 2015
Scheduled Maturity Date: 15 August 2018
Legal Final Maturity Date: 15 August 2026
Last day to Register: By 17h00 on 4 November, 4 February, 4
May and 4 August of each year until the
Legal Final Maturity Date
Books Close: 5 November, 5 February, 5 May and 5
August of each year until the Legal
Final Maturity Date
Interest Payment Dates: 15 November, 15 February, 15 May and 15
August of each year until the Legal
Final Maturity Date
ISIN: ZAG000128786
Business Day Convention: Following Business Day
Dealer: Rand Merchant Bank, a division of FirstRand Bank Limited
The Notes will be immobilised in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
14 August 2015
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 14/08/2015 12:52:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
