THE THEKWINI FUND 16 (RF) LIMITED - Notice Of Redemption By The Issuer On 21 August 2024 Of Each Of The Notes - Thekwini Fund 16

Notice Of Redemption By The Issuer On 21 August 2024 Of Each Of The  Notes - Thekwini Fund 16

The Thekwini Fund 16 (RF) Limited
(incorporated with limited liability in the Republic of South
Africa)
(Registration number: 2018/418593/06)

Instrument   Code:   TH16A2   ISIN:   ZAG000161670
Instrument   Code:   TH16A3   ISIN:   ZAG000161688
Instrument   Code:   TH16A5   ISIN:   ZAG000170044
Instrument   Code:   TH16A8   ISIN:   ZAG000172495
Instrument   Code:   TH16A9   ISIN:   ZAG000172511
Instrument   Code:   T16A10   ISIN:   ZAG000188699
Instrument   Code:   TH16B1   ISIN:   ZAG000161696
Instrument   Code:   TH16B2   ISIN:   ZAG000170051
Instrument   Code:   TH16B3   ISIN:   ZAG000172537
Instrument   Code:   TH16C1   ISIN:   ZAG000161704
Instrument   Code:   TH16C2   ISIN:   ZAG000170069
Instrument   Code:   TH16C3   ISIN:   ZAG000172552
Instrument   Code:   TH16D1   ISIN:   ZAG000161712
Instrument   Code:   TH16D2   ISIN:   ZAG000170077
Instrument   Code:   TH16D3   ISIN:   ZAG000172560

NOTICE OF REDEMPTION BY THE ISSUER ON 21 AUGUST 2024 OF EACH
OF THE CLASS A NOTES, THE CLASS B NOTES, THE CLASS C NOTES AND
THE   CLASS  D   NOTES   ISSUED  BY   THE  ISSUER   UNDER  THE
ZAR4,000,000,000 ASSET BACKED NOTE PROGRAMME OF THE ISSUER

Notice is hereby given that the Issuer shall, on 21 August
2024, redeem the Outstanding Principal Amount under:

  •   R 1 002 000 000.00 Class A2 Secured Floating Rate Notes
      due 21 August 2054 (the Class A2 Notes) (ISIN No.
      ZAG000161670; Bond Exchange Listing Code TH16A2)


  •   R 124 000 000.00 Class A3 Secured Fixed Rate Notes due 21
      August 2054 (the Class A3 Notes) (ISIN No. ZAG000161688;
      Bond Exchange Listing Code TH16A3)


  •   R 361 000 000.00 Class A5 Secured Floating Rate Notes due
      21 August 2054 (the Class A5 Notes) (ISIN No.
      ZAG000170044; Bond Exchange Listing Code TH16A5)


  •   R 366 000 000.00 Class A8 Secured Floating Rate Notes due
      21 August 2054 (the Class A8 Notes) (ISIN No.
      ZAG000172495; Bond Exchange Listing Code TH16A8)
  •   R 109 000 000.00 Class A9 Secured Fixed Rate Notes due 21
      August 2054 (the Class A9 Notes) (ISIN No. ZAG000172511;
      Bond Exchange Listing Code TH16A9)

  •   R 626 387 481.00 A10 note Secured Floating Rate Notes due
      21 August 2054 (the Class A10 Notes) (ISIN No.
      ZAG000188699; Bond Exchange Listing Code T16A10)


  •   R 70 000 000.00 Class B1 Secured Floating Rate Notes due
      21 August 2054 (the Class B1 Notes) (ISIN No.
      ZAG000161696; Bond Exchange Listing Code TH16B1)


  •   R 45 000 000.00 Class B2 Secured Floating Rate Notes due
      21 August 2054 (the Class B2 Notes) (ISIN No.
      ZAG000170051; Bond Exchange Listing Code TH16B2)



  •   R 26 000 000.00 Class B3 Secured Floating Rate Notes due
      21 August 2054 (the Class B3 Notes) (ISIN No.
      ZAG000172537; Bond Exchange Listing Code TH16B3)


  •   R 52 000 000.00 Class C1 Secured Floating Rate Notes due
      21 August 2054 (the Class C1 Notes) (ISIN No.
      ZAG000161704; Bond Exchange Listing Code TH16C1)


  •   R 33 000 000.00 Class C2 Secured Floating Rate Notes due
      21 August 2054 (the Class C2 Notes) (ISIN No.
      ZAG000170069; Bond Exchange Listing Code TH16C2)


  •   R 19 000 000.00 Class C3 Secured Floating Rate Notes due
      21 August 2054 (the Class C3 Notes) (ISIN No.
      ZAG000172552; Bond Exchange Listing Code TH16C3)


  •    R 48 000 000.00 Class D1 Secured Floating Rate Notes due
      21 August 2054 (the Class D1 Notes) (ISIN No.
      ZAG000161712; Bond Exchange Listing Code TH16D1)
 
  •   R 44 000 000.00 Class D2 Secured Floating Rate Notes due
      21 August 2054 (the Class D2 Notes) (ISIN No.
      ZAG000170077; Bond Exchange Listing Code TH16D2)


  •   R 21 000 000.00 Class D3 Secured Floating Rate Notes due
      21 August 2054 (the Class D3 Notes) (ISIN No.
      ZAG000172560; Bond Exchange Listing Code TH16D3)


(collectively, the "Notes"), which Notes were issued under the
Issuer's   ZAR4,000,000,000   asset backed   note   programme
established in terms of a programme memorandum dated on or
about 13 August 2019 and amended, novated from time to time
("Programme Memorandum").

The Notes shall be redeemed on 21 August 2024, being the
Coupon Step-Up Date of each of the Class A Notes, the Class B
Notes, the Class C Notes and the Class D Notes respectively.

Capitalised terms and expressions used in this notice, and not
otherwise defined herein, shall have the meanings assigned to
such terms and expressions in the Programme Memorandum.

Johannesburg
29 July 2024


Debt Sponsor
The Standard Bank of South Africa Limited

Date: 29-07-2024 01:50:00
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