THE THEKWINI FUND 14 (RF) LIMITED - The Thekwini Fund 14 (RF) Limited Interest rate reset - TKWI14

The Thekwini Fund 14 (RF) Limited Interest rate reset - TKWI14

The Thekwini Fund 14 (RF) Limited
(incorporated with limited liability in the Republic of South
Africa)
(Registration number: 2015/327767/07)
Issuer Code: TKWI14

The Thekwini Fund 14 (RF) Limited Interest rate reset

Please note, for the interest period from and including 21
August 2020 to, but excluding, 23 November 2020, the interest
rates for The Thekwini Fund 14 (RF) Limited Notes will be as
follows:

  •   R0.00.00 Class A1 Secured Floating Rate Notes due 21
      November 2017 (the Class A Notes) (ISIN No. ZAG000140435;
      Bond Exchange Listing Code TH14A1)

  •   R0.00 Class A2 Secured Floating Rate Notes due 21
      November 2051 (the Class A Notes) (ISIN No. ZAG000140443;
      Bond Exchange Listing Code TH14A2)

  •   R 250,000,000.00 Class A3 Secured Floating Rate Notes due
      21 November 2051 (the Class A Notes)(ISIN No.
      ZAG000140450; Bond Exchange Listing Code TH14A3)

  •   R 112,000,000.00 Class A4 Secured Fixed Rate Notes due 21
      November 2051 (the Class A Notes) (ISIN No. ZAG000140468;
      Bond Exchange Listing Code TH14A4)*
  •   R 0.00 Class A5 Secured Floating Rate Notes due 21
      February 2018 (the Class A Notes) (ISIN No. ZAG000141938;
      Bond Exchange Listing Code TH14A5)

  •   R 0.00 Class A6 Secured Floating Rate Notes due 21
      November 2051 (the Class A Notes) (ISIN No. ZAG000141946;
      Bond Exchange Listing Code TH14A6)

  •   R 798,000,000.00 Class A7 Secured Floating Rate Notes due
      21 November 2051 (the Class A Notes)(ISIN No.
      ZAG000141953; Bond Exchange Listing Code TH14A7)
  •   R 270,000,000.00 Class A8 Secured Fixed Rate Notes due 21
      November 2051 (the Class A Notes)(ISIN No. ZAG0001414961;
      Bond Exchange Listing Code TH14A8)*

  •   R 0.00 Class A9 Secured Floating Rate Notes due 21
      February 2018 (the Class A Notes)(ISIN No. ZAG000143819;
      Bond Exchange Listing Code TH14A9)
•   R 0.00 Class A10 Secured Floating Rate Notes due 21
    November 2051 (the Class A Notes)(ISIN No. ZAG000143827;
    Bond Exchange Listing Code T14A10)

•   R 306,000,000.00 Class A11 Secured Floating Rate Notes
    due 21 November 2051 (the Class A Notes)(ISIN No.
    ZAG000143835; Bond Exchange Listing Code T14A11)

•   R 108,000,000.00 Class A12 Secured Fixed Rate Notes due
    21 November 2051 (the Class A Notes)(ISIN No.
    ZAG000143843; Bond Exchange Listing Code T14A12)*

•   R 293 880 401.00 Class A13 Secured Floating Rate Notes
    due 21 November 2051 (the Class A Notes)(ISIN No.
    ZAG000164294; Bond Exchange Listing Code T14A13)

•   R 42,000,000.00 Class B1 Secured Floating Rate Notes due
    21 November 2051 (the Class B Notes)(ISIN No.
    ZAG000140476; Bond Exchange Listing Code TH14B1)

•   R 56,000,000.00 Class B2 Secured Floating Rate Notes due
    21 November 2051 (the Class B Notes)(ISIN No.
    ZAG000141979; Bond Exchange Listing Code TH14B2)

•   R 35,000,000.00 Class B3 Secured Floating Rate Notes due
    21 November 2051 (the Class B Notes)(ISIN No.
    ZAG000143850; Bond Exchange Listing Code TH14B3)

•   R 52,000,000.00 Class C1 Secured Floating Rate Notes due
    21 November 2051 (the Class C Notes) (ISIN No.
    ZAG000140484; Bond Exchange Listing Code TH14C1)

•   R 21,000,000.00 Class C2 Secured Floating Rate Notes due
    21 November 2051 (the Class C Notes)(ISIN No.
    ZAG000141987; Bond Exchange Listing Code TH14C2)

•   R 27,000,000.00 Class C3 Secured Floating Rate Notes due
    21 November 2051 (the Class C Notes)(ISIN No.
    ZAG000143868; Bond Exchange Listing Code TH14C3)

•   R36,000,000.00 Class D1 Secured Floating Rate Notes due
    21 November 2051 (the Class D Notes)(ISIN No.
    ZAG000140492; Bond Exchange Listing Code TH14D1)

•   R31,000,000.00 Class D2 Secured Floating Rate Notes due
    21 November 2051 (the Class D Notes)(ISIN No.
    ZAG000141995; Bond Exchange Listing Code TH14D2)
  •   R24,000,000.00 Class D3 Secured Floating Rate Notes due
      21 November 2051 (the Class D Notes)(ISIN No.
      ZAG000143876; Bond Exchange Listing Code TH14D3)

Notice is hereby given, in accordance with condition 8.3.of
the terms and conditions of the Notes, that the JIBAR rate for
the interest period (from and including 21 August 2020 to, but
excluding, 23 November 2020) based on JIBAR for 3-month Rand
deposits for the floating rate Notes, was fixed at 3.442% on
21 August 2020.

  •   Interest on the Class A3 Floating Rate Notes for the
      interest period was set at 5.332%

  •   *Interest on the Class A4 Fixed Rate Notes for the
      interest period was set at 10.098%

  •   Interest on the Class A7 Floating Rate Notes for the
      interest period was set at 5.252%

  •   *Interest on the Class A8 Fixed Rate Notes for the
      interest period was set at 9.350%

  •   Interest on the Class A11 Floating Rate Notes for the
      interest period was set at 5.192%

  •   *Interest on the Class A12 Fixed Rate Notes for the
      interest period was set at 9.150%

  •   Interest on the Class A13 Floating Rate Notes for the
      interest period was set at 4.542%

  •   Interest on the Class B1 Floating Rate Notes for the
      interest period was set at 5.942%

  •   Interest on the Class B2 Floating Rate Notes for the
      interest period was set at 5.642%

  •   Interest on the Class B3 Floating Rate Notes for the
      interest period was set at 5.522%

  •   Interest on the Class C1 Floating Rate Notes for the
      interest period was set at 6.442%

  •   Interest on the Class C2 Floating Rate Notes for the
      interest period was set at 6.242%

  •   Interest on the Class C3 Floating Rate Notes for the
      interest period was set at 6.122%
  •   Interest on the Class D1 Floating Rate Notes for the
      interest period was set at 9.442%

  •   Interest on the Class D2 Floating Rate Notes for the
      interest period was set at 9.232%

  •   Interest on the Class D3 Floating Rate Notes for the
      interest period was set at 8.942%

*Fixed note interest is paid semi-annually.


25 August 2020

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 25-08-2020 08:00:00
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