TRANSSEC 4 (RF) LIMITED - Transsec 4 (RF) Limited interest rate reset, interest rate payments, and interest rate deferral announcement

Transsec 4 (RF) Limited interest rate reset, interest rate payments, and interest rate deferral announcement

Transsec 4 (RF) Limited interest rate reset, interest rate payments, and interest rate
deferral announcement: TRA4A3, TRA4A4, TRA4A7, TRA4A8, TRA4B1 and TRA4B2

Based on the calculation of the priority of payments as at the determination date of 31 December 2024,
an interest deferral event in respect of the Class B notes (TRA4B1 & TRA4B2) has occurred due to a
principal deficiency in the structure.


The interest amounts in respect of the Class B Notes which will be deferred on 13 January 2025 Interest
Payment Date, are listed below:


                    11.712% p.a. being R 3,312,779.67 (367 bps over 3-month Jibar of 8.042%) for the
   TRA4B1           period 14 October 2024 to 12 January 2025, which interest payment is deferred in terms
                    of the relevant interest deferral event.
                    11.712% p.a. being R 2,111,897.04 (367 bps over 3-month Jibar of 8.042%) for the
   TRA4B2           period 14 October 2024 to 12 January 2025, which interest payment is deferred in terms
                    of the relevant interest deferral event.


Interest rates payments for the period 13 January 2025 for each of the notes are listed below:

                    10.342% p.a. being R 667,762.00 (230 bps over 3-month Jibar of 8.042%) for the period
   TRA4A3
                    14 October 2024 to 12 January 2025.
                    10.342% p.a. being R 277,982.38 (230 bps over 3-month Jibar of 8.042%) for the period
   TRA4A4
                    14 October 2024 to 12 January 2025.
                    10.342% p.a. being R 244,745.35 (230 bps over 3-month Jibar of 8.042%) for the period
   TRA4A7           14 October 2024 to 12 January 2025.
                    10.342% p.a. being R 187,335.93 (230 bps over 3-month Jibar of 8.042%) for the period
   TRA4A8           14 October 2024 to 12 January 2025.


8 January 2025


Debt Sponsor
The Standard Bank of South Africa Limited
                                                             
Date: 08-01-2025 09:45:00
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