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Securities law

Johannesburg Stock Exchange Announces Interest Rate Reset for Amber House Fund 5 (RF) Limited

Strategic Insights

— 1 min read

The Johannesburg Stock Exchange has issued a company announcement regarding the interest rate reset for Amber House Fund 5 (RF) Limited Notes. The announcement states that for the interest period from August 21, 2025, to November 21, 2025, the interest rates for the various classes of notes will be as follows: Class A11 Secured Floating Rate Notes will earn an interest rate of 8.417%, Class A21 Secured Floating Rate Notes will earn an interest rate of 8.717%, and Class A31 Secured Fixed Rate Notes will earn an interest rate of 10.190%. Additionally, the Class B11, C11, and D11 Floating Rate Notes will earn interest rates of 9.017%, 9.417%, and 12.217%, respectively. The interest rates are based on the JIBAR rate for 3-month Rand deposits, which was fixed at 7.017% on August 21, 2025.

Key Takeaways:

  • The interest rate reset applies to the interest period from August 21, 2025, to November 21, 2025.
  • Class A11 Secured Floating Rate Notes will earn an interest rate of 8.417%.
  • Class A21 Secured Floating Rate Notes will earn an interest rate of 8.717%.
  • Class A31 Secured Fixed Rate Notes will earn an interest rate of 10.190%.
  • Class B11, C11, and D11 Floating Rate Notes will earn interest rates of 9.017%, 9.417%, and 12.217%, respectively.
  • The interest rates are based on the JIBAR rate for 3-month Rand deposits, which was fixed at 7.017% on August 21, 2025.
  • Debt Sponsor on the notes is The Standard Bank of South Africa Limited.

Statistics:

  • Total value of the Class A11 Secured Floating Rate Notes: R 720,000,000.00
  • Total value of the Class A21 Secured Floating Rate Notes: R 1,047,000,000.00
  • Total value of the Class A31 Secured Fixed Rate Notes: R 379,000,000.00
  • Total value of the Class B11, C11, and D11 Floating Rate Notes: R 384,000,000.00
  • Fixed interest rate for Class A31 Notes: 10.190%
  • Highest floating interest rate among the various classes of notes: 12.217% (Class D11 Floating Rate Notes)

Sources:

  • Johannesburg Stock Exchange company announcement.

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