Commissioner Street No.10 (RF) Ltd

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Commissioner Street No.10 (RF) Ltd
  • Commissioner Street No.10 (RF) Ltd
  • Year : May 2019
3 Tokens
USD 300.00
Summary

The rating of the Series 2 Notes is credit-linked to the long-term unsecured credit ratings of the underlying Borrower. The rating of the Series 3 Notes is credit-linked to the long-term unsecured credit ratings of the underlying Borrower and the Facility Agent. The ratings accorded to the Notes relate to timely payment of interest and ultimate payment of principal. The ratings exclude an assessment of the ability of the Issuer to pay any (early repayment) penalties.

Additional Information

Summary of transaction:

Asset class: Credit-Linked Notes

Status of the Notes: Senior secured by loans to Borrowers

Total loans outstanding: R1,050,000,000

Interest payment frequency: Quarterly

Early redemption possible: Yes: Dependent on underlying loans repayment.

Listing: JSE Ltd

Closing date: 16 May 2017

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