| Mon 28 Oct 2024, 17:30 | | Notification to all noteholders - FS7A3 and FS7B1 |
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Notification to all noteholders - FS7A3 and FS7B1
FOX STREET 7 (RF) LIMITED
(Incorporated in the Republic of South Africa)
(Registration number: 2019/300623/06)
Issuer code: FOX7
LEI No: 3789FSOI63LBU4JIEL39
NOTIFICATION TO ALL NOTEHOLDERS OF THE CLASSS A3 NOTES AND CLASS B1 NOTES ISSSUED BY FOX
STREET 7 (RF) LIMITED UNDER ITS ZAR5,000,000,000 RESIDENTIAL MORTGAGE-BACKED SECURITIES
PROGRAMME
Notice was given to all Noteholders of the Class A3 Notes and Class B1 Notes (the "Notes") issued by the
Fox Street 7 (RF) Limited (the "Issuer") under its ZAR5,000,000,000 Residential Mortgage-Backed
Securities Programme (the "Programme"), established pursuant to the programme memorandum dated
21 November 2019 ("the Programme Memorandum"). The notice relates to the proposed redemption of
all of the Notes in accordance with Condition 7.5.5 (Redemption of Notes on or after the Original Call
Option Date) of the Terms and Conditions.
1 Condition 7.5.5 (Redemption of Notes on or after the Original Call Option Date) of the Terms and
Conditions provides that –
"Notwithstanding the provisions of Condition 7.5.4, on the Originator Call Option Date or any date
thereafter, provided that there are still Notes in issue, the Issuer shall be entitled to utilise the
proceeds of an advance under the Warehouse Facility to redeem all the Notes in the relevant Class
of Notes provided that the Administrator has not recorded a Principal Deficiency in the Principal
Deficiency Sub-Ledger in relation to the relevant Class of Notes. The Notes will be redeemed by the
Issuer at their Outstanding Principal Amount (together with accrued interest thereon), upon giving
not more than 30 (thirty) days' nor less than 20 (twenty) days' notice to the Security SPV and the
Noteholders, which notice shall be irrevocable."
2 The Originator Call Option Date for the Class A3 Notes and Class B1 Notes is 20 November 2024, as
per item 75(d) of each Applicable Pricing Supplement.
3 The Issuer has given notice to all the holders of the Class A3 Notes and Class B1 Notes that it will, on
20 November 2024, redeem all the outstanding Class A3 Notes and Class B1 Notes at their
Outstanding Principal Amount, together with accrued interest thereon, using the proceeds of an
advance under the Warehouse Facility.
Date: 28 October 2024
Debt Sponsor:
Investec Bank Limited
(registration number: 1969/004763/06)
Date: 28-10-2024 05:30:00
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