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SNFI - Update to the R3bn Asset-Backed Securities Programme
SENTINEL FINCO (RF) LIMITED
(Incorporated in the Republic of South Africa)
(Registration No. 2020/178948/06)
Company Code: SNFI
("Sentinel Finco" or the "issuer")
Bond Code: STF001
ISIN: ZAG000184052
Bond Code: STF002
ISIN: ZAG000193301
NOTIFICATION OF AN UPDATE TO THE ZAR3,000,000,000 ASSET-BACKED SECURITIES PROGRAMME
Noteholders are advised that Sentinel Finco has amended its ZAR3,000,000,000 asset-backed securities programme
(the "Programme") dated 18 February 2022. Sentinel Finco amended certain provisions of the Programme
Memorandum, including the eligibility criteria to be satisfied by Participating Assets prior to their sale by the originator
to the issuer and portfolio covenants that the pool of Participating Assets owned by the issuer must satisfy immediately
following the acquisition of any new Participating Asset from the originator.
The issuer has enhanced and expanded its product offering since the Programme Memorandum was created and the
amendments were required to align the Programme Memorandum, and the Programme, with these developments.
The updated Programme documents are available for download at:
Programme Memorandum
https://www.sentinelhomes.co.za/wp-content/uploads/2022/02/Programme-Memorandum.pdf
First Supplement to the Programme Memorandum
(https://www.sentinelhomes.co.za/wp-content/uploads/2024/01/First-Supplement-to-the-Programme-
Memorandum.pdf
19 January 2024
Debt Sponsor
Absa Bank Limited (acting through its Corporate and Investment Bank division)
Date: 19-01-2024 10:01:00
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