Sasfin : SASP S2 Investor Report 31 December 2022

SASP S2 Investor Report

31-Dec-22

Information Date:	Dec-22
Period:	Dec-22
Period Number:	6

Deal Name:	South African Securitisation Programme (RF) Ltd - Series 2
Issuer:	South African Securitisation Programme (RF) Ltd - Series 2
	140 West Street
	Sandown, Sandton
	2196
	P.O Box 95104
	Grant Park, 2051
Seller of the Receivables:	Sasfin Bank Limited
Servicer Name:	Sasfin Bank Limited
Contact:	Contact: Mr Dhesegan Govender
	Phone: +27 ( 011) 809 7892
	Email: [e-mail]
Manager	Sasfin Bank Limited
	140 West Street
	Sandown, Sandton
	2196

Information Date:	31-Dec-22
Period:	Dec-22
Period Number:	6

Page	Tables of Contents

1. Additional Information
2. Table of Contents
3. Conterparties
4. Deal Overview
5. Balance Sheet and OC
6. Notes Information I.
7. Notes Information II.
8. Performance Test
9. Portfolio Covenants

1. Priority Of Payments
2. Pool Movement (Rands)
3. Pool Movement (Deals)
4. Pool Stratification
5. Pool Ageing
6. Delinquency Contracts
7. Defaults
8. Excess Spread
9. Note Interest and Details
10. Glossary

Information Date:	31-Dec-22
Period:	Dec-22
Period Number:	6

Deal Name:

South African Securitisation Programme (RF) Limited - Series 2

Issuer:

South African Securitisation Programme (RF) Ltd - Series 2

140 West Street Sandown, Sandton 2196

P.O Box 95104 Grant Park, 2051

Series Seller, Servicer and Manager Name:

Sasfin Bank Limited

140 West Street Sandown, Sandton 2196

Contact: Mr M Sassoon

Paying Agent:

Nedbank Limited

Braampark Forum IV

2nd Floor, 33 Hoofd Street Braamfontein, 2001

P.O Box 1144 Johannesburg 2000

South Africa Contact: Mrs L Currie

Legal Adviser to the Arranger, the Issuer and the Security SPV:Edward Nathan Sonnenbergs Inc.

150 West Street

Sandown

Sandton, 2196

P.O Box 783347

Sandton, 2146

Contact: Mr S Von Schirnding

Series Security SPV:

Stonehage Fleming Corporate Services (Pty) Ltd (formerly: Maitland Corporate Services (Pty) Ltd (MCS(SA))

STONEHAGE FLEMING FINANCIAL SERVICES (PTY) LTD First Floor North Block Waterway House

Victoria & Alfred Waterfront Cape Town

8001

South Africa

Contact: Mr B Harmse

Transfering Agent:

Nedbank Limited

(a division of Nedbank Limited) 135 Rivonia Road

Sandton, 2196 South Africa P.O Box 1144 Johannesburg, 2000 Contact: Mr RC Hayne

Series Standby Servicer:

Maitland Outsourced Securitisation Services (Proprietary) Limited

STONEHAGE FLEMING CORPORATE SERVICES (PTY) LTD 54 Glenhove Road

Melrose Johannesburg South Africa

2196

Contact: Mr B Harmse

Independent Audiors to the Issuer and the Security SPV and Joint Independent Auditors to the Series Seller:

PricewaterhouseCoopers Inc.

4 Lisbon Lane Waterfall City 2090

Contact: Vincent Tshikhovhokhovho

Information Date:	31-Dec-22
Period:	Dec-22
Period Number:	6

Deal Overview
Reporting Period:	Dec 22
Reporting Date:	20-Dec-22	20th of each month (for previous month)
Reporting Frequency:	Monthly
Period No.:	6
Interest Payment Dates:	20 Feb / 20 May / 20 Aug / 20 Nov
Next payment Date:	20-Jan-23
Asset Collection Period:	1-Dec-22	until	31-Dec-22
Note Interest Accrual Period:	20-Nov-22	until	20-Feb-23
Pool Information	Outstanding Principal	Number of Contracts
Balance
Outstanding Pool	602,859,596	2992
Repurchased Operating Lease Contracts	-	-
(cumulative since Cut Off Date)	-	-
Type of Equipment Lease	Percentage of Leases	Outstanding Principal	Percentage of Balance
(%)	Balance	(%)
New	95.15%	578,866,658	96.02%
Used	4.85%	23,992,939	3.98%
Total	100.00%	602,859,596	100.00%