LEHAE PROGRAMME (RF) Limited (“the Issuer”) is a newly established programme under which FirstRand Bank Limited, acting through its First National Bank division, will look to place residential mortgage backed securitisation transactions in the capital markets. RMB acts as sponsor and arranger of the programme.
Under its R20 000 000 000 asset backed securities programme, the issuer may from time to time issue limited, ring-fenced secured registered notes denominated in South African rand, on the terms and conditions contained in the section of the programme memorandum.
Each transaction under the programme is a distinct series entered into by the issuer in connection with the issue of one or more tranches of notes and the acquisition of and/or investment in one or more participating assets referencing that series.
Please email the RMB Debt Sponsor team at DebtSponsorTeam@rmb.co.za