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 

  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 28 February
  2025, 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
  March 2025 Interest Payment Date, are listed below:



                    10.033% p.a. being R 3,710,835.62 (225 bps over 3 month Jibar of 7.783%) for the period
     TRA5B1
                    20 December 2024 to 19 March 2025, (Following Business Day Convention)
                    9.733% p.a. being R 2,087,928.49(195 bps over 3 month Jibar of 7.783%) for the period
     TRA5B2
                    20 December 2024 to 19 March 2025, (Following Business Day Convention)
                    11.683% p.a. being R 1,728,443.84 (390 bps over 3 month Jibar of 7.783%) for the period
     TRA5C1
                    20 December 2024 to 19 March 2025, (Following Business Day Convention)
                    11.683% p.a. being R 1,008,258.90 (390 bps over 3 month Jibar of 7.783%) for the period
     TRA5C2
                    20 December 2024 to 19 March 2025, (Following Business Day Convention)


  Interest rates payments for the period 20 March 2025 for each of the notes are listed below:


                    9.703% p.a. being R 798,799.23(192 bps over 3 month Jibar of 7.783%) for the period 20
     TR5A11
                    December 2024 to 19 March 2025, (Following Business Day Convention)
                    9.643% p.a. being R 415,026.99(186 bps over 3 month Jibar of 7.783%) for the period 20
     TR5A12
                    December 2024 to 19 March 2025, (Following Business Day Convention)
                    9.323% p.a. being R 4,390,749.86 (154 bps over 3 month Jibar of 7.783%) for the period
     TR5A21
                    20 December 2024 to 19 March 2025, (Following Business Day Convention)
     
                    9.473% p.a. being R 4,064,306.30 (169 bps over 3 month Jibar of 7.783%) for the period
     TR5A22
                    
                    20 December 2024 to 19 March 2025, (Following Business Day Convention)
     TR5A31         The fixed note was set at 7.610%. Interest is paid semi-annually on 20 June and 20 December

  
                    

  18 March 2025


  Debt Sponsor
  The Standard Bank of South Africa Limited



Date: 18-03-2025 10:55:00
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