Transsec (RF) Limited s a ring-fenced securitisation vehicle issuing securities under a ZAR 4 billion asset-backed note programme. Although the programme is not rated, Transsec issued notes rated by the international rating agency Standard and Poor’s Rating Services and listed on the Johannesburg Stock Exchange in June 2014.

All notes have been settled in this structure.

Transsec 2 (RF) Limited is a ring-fenced securitisation vehicle issuing securities under a ZAR 4 billion asset-backed note programme. Although the programme is not rated, Transsec 2 issued notes rated by the international rating agency Standard and Poor’s Rating Services and listed on the Johannesburg Stock Exchange in November 2015.

All notes have been settled in this structure.

Transsec 3 (RF) Limited is a ring-fenced securitisation vehicle issuing securities under a ZAR 2.5 billion asset backed note programme.
Although the programme is not rated, Transsec 3 issued notes rated by the international rating agency Moody’s Rating Services and listed on the Johannesburg Stock Exchange in November 2017.

All notes have been settled in this structure.