| Thu 14 Aug 2025, 10:55 | | Notice of Issuance |
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Notice of Issuance
South African Securitisation Programme (RF) Limited
Registration No: 1991/002706/06
Incorporated with limited liability in the Republic of South Africa
SOUTH AFRICAN SECURITISATION PROGRAMME (RF) LIMITED ZAR5 000 000 000
MULTI-SELLER SEGREGATED ASSET BACKED NOTE PROGRAMME SERIES 3: NOTICE
OF ISSUANCE OF NOTES PURSUANT TO A REFINANCING OPTION EXERCISED IN
TERMS OF SERIES CONDITION 2.2.2.1
1. Capitalised terms used but not defined herein shall bear the
meaning ascribed to them in the Series 3 Supplement issued by
South African Securitisation Programme (RF) Limited on or about
8 September 2016, as amended or supplemented from time to time.
2. In terms of Series Condition 2.2.2.1, the Issuer is entitled,
subject to the Series Sellers' prior written consent and upon
written notice to the Noteholders, to issue one or more Tranche(s)
of Notes pursuant to a Refinancing Option during the Refinancing
Period in order to redeem all, but not some only, of the Refinanced
Notes.
3. We hereby give notice of the issuance on 15 August 2025 of the
following Tranches of Notes pursuant to a Refinancing Option
exercised in accordance with Series Condition 2.2.2.1:
3.1. Tranche 34 of Series 3 ("SASP Lease and Rentals Series")
of the Notes, comprising ZAR323 000 000 Class A13 Notes
(to be listed on the Interest Rate Market of the JSE);
3.2. Tranche 35 of Series 3 ("SASP Lease and Rentals Series")
of the Notes, comprising ZAR18 000 000 Class B13 Notes (to
be listed on the Interest Rate Market of the JSE); and
3.4.Tranche 36 of Series 3 ("SASP Lease and Rentals Series")
of the Notes, comprising ZAR30 000 000 Class C13 Notes (to
be listed on the Interest Rate Market of the JSE).
4. We confirm that each Series Seller's written consent has been
obtained in accordance with Series Conditions 2.1.1.19 and
2.2.2.1.
5. KPMG furnished a report during September 2016 pursuant to
paragraphs 15(1)(a)(ii) and 16(2)(a)(vii) of the Securitisation
Regulations in relation to Series 3, as outlined in the Series 3
Supplement and the Applicable Pricing Supplements issued under
Series 3. We confirm that no subsequent Auditor's report has been
furnished in terms of paragraphs 15(1)(a)(ii) and 16(2)(a)(vii)
of the Securitisation Regulations.
For further information, please contact:
Harriet Anne Heymans (Sasfin Bank Limited) (011) 809 7500
14 August 2025
Debt Sponsor
Sasfin Bank Limited
Date: 14-08-2025 10:55:00
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