TORQUE SECURITISATION (RF) LIMITED - TORQ3; TORQ7 and TORQ8 - Notification of a Partial Capital Reduction of Listed Debt Securities
TORQ7 TORQ8 TORQ3 201802080057A
TORQ3; TORQ7 and TORQ8 - Notification of a Partial Capital Reduction of Listed Debt Securities
Torque Securitisation (RF) Limited
(Incorporated in the Republic of South Africa)
(Registration No. 2012/030043/06)
Company code: TSRF
Bond code: TORQ3 ISIN: ZAG000099235
Bond code: TORQ7 ISIN: ZAG000118761
Bond code: TORQ8 ISIN: ZAG000128760
(“Torque”)
NOTIFICATION OF A PARTIAL CAPITAL REDUCTION OF LISTED DEBT SECURITIES
In accordance with the Terms and Conditions of Torque’s Secured Asset Backed Note Programme dated 9
June 2015, bondholders are herewith advised of the partial capital reduction of the TORQ3, TORQ7 and
TORQ8 notes.
Bond Code: TORQ3
ISIN: ZAG000099235
Effective Date: 15 February 2018
Amount before Reduction: ZAR 27 334 756.00
Reduction Amount: ZAR 19 170 692.00
Amount after Reduction: ZAR 8 164 064.00
Bond Code: TORQ7
ISIN: ZAG000118761
Effective Date: 15 February 2018
Amount before Reduction: ZAR 34 168 445.00
Reduction Amount: ZAR 23 963 365.00
Amount after Reduction: ZAR 10 205 080.00
Bond Code: TORQ8
ISIN: ZAG000128760
Effective Date: 15 February 2018
Amount before Reduction: ZAR 32 528 359.00
Reduction Amount: ZAR 22 813 123.00
Amount after Reduction: ZAR 9 715 236.00
The partial capital 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.
8 February 2018
Debt Sponsor
RAND MERCHANT BANK (A division of FirstRand Bank Limited)
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