| Fri 15 Aug 2014, 14:45 | | TORQUE SECURITISATION (RF) LTD - Listing of new financial instruments - TORQ7 |
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TORQ7 201408150031A
Listing of new financial instruments - TORQ7
Torque Securitisation (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2012/030043/06)
ISIN: ZAG000118761
Company code: TSRF
("Torque")
LISTING OF NEW FINANCIAL INSTRUMENTS
The JSE Limited has granted Torque the listing of its TORQ7 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: Floating Rate Note
Instrument Code: TORQ7
Nominal Issued: R250,000,000.00
Issue Price: 100%
Interest Rate: 7.594% (3 month JIBAR as at 12 August
2014 of 5.994% plus 160 bps)
Coupon Rate Indicator: Floating rate
Issue Date: 15 August 2014
Interest Commencement Date: 15 August 2014
First Interest Date: 15 November 2014
Scheduled Maturity Date: 15 August 2019
Legal Final Maturity Date: 15 August 2025
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: ZAG000118761
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.
15 August 2014
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
Date: 15/08/2014 02:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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