| Thu 11 Aug 2016, 13:45 | | TORQUE SECURITISATION (RF) LIMITED - TORQ3 TROQ7 TORQ8 - Partial Capital Redemption |
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TORQ7 TORQ3 TORQ8 201608110039A
TORQ3, TROQ7, TORQ8 - Partial 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 August
2016.
Capital Redemption Amount Outstanding
Amount After Capital
Redemption
TORQ3 ZAR 35,978,971.00 ZAR 164,021,029.00
TORQ7 ZAR 44,973,714.00 ZAR 205,026,286.00
TORQ8 ZAR 42,814,976.00 ZAR 195,185,024.00
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 August 2016
Debt Sponsor
Rand Merchant Bank (A division of FirstRand Bank Limited)
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