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DRIVER AUSTRALIA MASTER TRUST — Capital/Financing Update 2017
Nov 23, 2017
64757_rns_2017-11-23_f5ba9110-668c-4fb6-b5b7-a7b0ef2bafe8.pdf
Capital/Financing Update
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An investment in the Notes that are the subject of these Final Terms is only suitable for financially sophisticated investors who are capable of evaluating the merits and risks of such investment and who have sufficient resources to be able to bear any losses (including the total loss of the invested amount) which may result from such investment.
Final Terms
27 November 2017
PERPETUAL CORPORATE TRUST LIMITED in its capacity as trustee of the Driver Australia Master Trust
( incorporated with limited liability in Australia with ACN 000 341 533 )
as Issuer
for the issuance of the
A$2,500,000 Series 2017-2 Class A Notes
issued in registered form pursuant to the
A$3,000,000,000 Programme for the Issuance of Notes
These Final Terms are issued to supplement the information in relation to the issue of Class A Notes by Perpetual Corporate Trust Limited in its capacity as trustee of the Driver Australia Master Trust under the A$3,000,000,000 Programme for the issuance of Notes (the " Programme ").
Full information on the Issuer and the offer of the Notes is only available on the basis of the combination of these Final Terms and the Offering Circular. Capitalised terms not otherwise defined herein shall have the meaning specified in the Conditions of the Class A Notes. All references in these Final Terms to numbered Conditions are to be read as reference to the respective Conditions of the Class A Notes.
| 1 | Issue Price: | A$2,500,000 |
|---|---|---|
| 2 | Initial Series 2017-2 Class A Note Issue Date: | 25 July 2017 |
| 3 | First occurring Payment Date with respect to the Further Notes subject of these Final Terms: |
27 December 2017 |
| 4 | Class A Series Number: | 2017-2 |
| 5 | Tranche Number: | 5 |
| 6 | Aggregate Nominal Amount of the Further Notes subject of these Final Terms: |
AUD2,500,000 |
| 7 | Aggregate Nominal Amount of Series 2017-2 Class A Notes (including the Notes subject of these Final Terms): |
AUD21,100,000 |
| 8 | Maximum Issuance Amount of Series 2017-2 Class A Notes: |
AUD$100,000,000 |
Final Terms – Series 2017-2 Class A Notes
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| 9 | Series 2017-2 Class A Notes Interest Rate: | 1 month BBSW plus the Margin as set out in Condition 8.3 |
|---|---|---|
| 10 | Series 2017-2 Class A Notes Factor (Condition 7.1(c)) |
The calculation of the Notes Factor is described in the relevant definition. |
| 11 | Amount on which interest is to be paid on the Payment Date the date of these Final Terms (Condition 9.1): |
AUD18,600,000 |
| 12 | Margin (Condition 8.3): | 0.95 per cent_per annum_(as amended in accordance withCondition 9.5). |
| 13 | Series 2017-2 Class A Revolving Period Expiration Date: |
Payment Date falling in June 2018 (but excluding) (or as extended in accordance with Condition 9.5). |
| 14 | Series 2017-2 Class A Scheduled Repayment Date (Condition 9.4): |
Payment Date falling in February 2022 (or as extended in accordance withCondition 9.5as a consequence of the extension of the Series 2017-2 Class A Revolving Period Expiration Date) |
| 15 | Series 2017-2 Class A Final Maturity Date (Condition 9.4): |
Payment Date falling in August 2026 (or as extended in accordance withCondition 9.5as a consequence of the extension of the Series 2017-2 Class A Revolving Period Expiration Date) |
| 16 | Settlement information: | Delivery against payment |
| 17 | ISIN Code | AU3FN0037180 |
| 18 | Admission to trading and total expenses: | Application has been made for the Series 2017-2 Class A Notes subject of these Final Terms to be admitted to trading on the regulated market of the Australian Securities Exchange with effect from the Initial Issue Date. The total expenses related to the admission to trading will amount to Nil. |
Final Terms – Series 2017-2 Class A Notes
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