THE THEKWINI FUND 16 (RF) LIMITED - New Instrument Listing

New Instrument Listing

The Thekwini Fund 16 (RF) Limited
(“Thekwini 16”)
New Financial Instrument Listing Announcement

Dated: 20 August 2021
Stock Codes: T16OM4
ISIN Codes: ZAG000178898

The JSE Limited has granted Thekwini 16 the listing of its “T16OM4”
Floating Rate Note due 22 August 2022 and issued in terms of its
ZAR4,000,000,000 Asset Backed Note Programme dated on or about 21
August 2019.

Total notes outstanding (incl. this issue) ZAR3,968,000,000

Full Note details are as follows:

Designation of Note:           Class Omega Note
Nominal Issued:                ZAR330,000,000
Coupon Rate:                   4,425% (being 75 bps over 3 month
                               JIBAR of 3,675%)
Coupon Step-Up Rate:           N/A
Coupon Indicator:              Floating
Final Redemption Date:         22 August 2022
First Interest Payment Date:   21 November 2021
Coupon Step-Up Date:           N/A
Interest Payment Dates:        21 November 2021, 21 February 2022,
                               21 May 2022 and 21 August 2022
Books Close:                   17 November 2017, 17 February 2022,
                               17 May 2022 and 17 August 2022
Last day to register:          By 17:00 on 16 November 2021, 16
                               February 2022, 16 May 2022 and 16
                               August 2022
Interest Commencement Date:    23 August 2021
Settlement Date:               23 August 2021
Rating:                        P-1.za (sf) by Moody’s Investors
                               Service
Placement Agent:               The Standard Bank of South Africa
                               Limited


Date:                          20 August 2021
Sponsor:                       The Standard Bank of South Africa
                               Limited

The note will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.

For further information on the Note issued please contact:
Nicholas Gunning Standard Bank (Sponsor) (011) 721 7112
Email: nicholas.gunning@standardbank.co.za

Date: 20-08-2021 09:02:00
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