South African Securitisation Programme (RF) Limited Series 2 (Dec 2022)

Research
statistical-img (1)
Credit Reports

Over 1500 reports, spanning 22 countries, detailing GCR’s opinion regarding the creditworthiness of an entity, a security or financial instrument, or an issuer of securities or financial instruments.

industry-img (1)
Industry Reports

A collection of publications, providing you with key industry analysis and insights across various geographical regions.

SFresearchsite (1)
Monitoring Updates

Dashboards exhibit key performance metrics related to Structured Finance transactions publicly rated by GCR, which include credit enhancement levels, excess spread, defaults, recoveries and covenants.

Filename 202212-SASP-2-New-Issuance-Report-Final.pdf
Filesize 492.35 KB
Version paid report
Date added December 14, 2022
Category Credit Rating Reports, Structured Finance
Tags South Africa

SASP 2 is the second of three series of the R5bn Multi-Seller Segregated Asset-Backed Note Programme of rental and equipment lease financed assets originated by Sasfin Bank Ltd. SASP 2 is primarily made up of capital asset leases, while SASP Series 1 and SASP Series 3 are primarily made up of office equipment leases.