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TORQUE SECURITISATION (RF) LIMITED - TORQ3, TORQ7 and TORQ8 - Full Capital Redemption

Release Date: 11/11/2016 08:30
Code(s): TORQ3 TORQ7 TORQ8     PDF:  
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TORQ3, TORQ7 and TORQ8 - Full Capital Redemption

Torque Securitisation (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2012/030043/06)
Company code: TSRF
ISIN TORQ3: ZAG000099235
ISIN TORQ7: ZAG000118761
ISIN TORQ8: ZAG000128760
(“Torque”)

PARTIAL CAPITAL REDEMPTION

In accordance with the Terms and Conditions of Torque’s
ZAR5,000,000,000 Secured Asset Backed Note Programme dated 8 August
2012, investors are herewith advised of the partial capital
redemption of the TORQ3, TORQ7 and TORQ8 notes, effective 15
November 2016.

               Capital Redemption      Amount Outstanding
               Amount                  After Capital
                                       Redemption

TORQ3          ZAR 33,881,419.00       ZAR 130,139,610.00

TORQ7          ZAR 42,351,774.00       ZAR 162,674,512.00

TORQ8          ZAR 40,318,889.00       ZAR 154,866,135.00


The partial redemption is as a result of the issuer entering into
early amortisation on 17 May 2016 as per the announcement released on
the Stock Exchange News Service on 20 May 2016.


11 November 2016

Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)

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