THE THEKWINI FUND 15 (RF) LIMITED - The Thekwini Fund 15 (RF) Limited Interest Rate Reset

The Thekwini Fund 15 (RF) Limited Interest Rate Reset

The Thekwini Fund 15 (RF) Limited
(incorporated with limited liability in the Republic of South
Africa)
(Registration number: 2017/052656/06)
Instrument Code: T15OM4 ISIN: ZAG000164286
Instrument Code: TH15A1 ISIN: ZAG000148735
Instrument Code: TH15A2 ISIN: ZAG000148743
Instrument Code: TH15A3 ISIN: ZAG000148685
Instrument Code: TH15A4 ISIN: ZAG000151424
Instrument Code: TH15A7 ISIN: ZAG000155276
Instrument Code: TH15A8 ISIN: ZAG000155284
Instrument Code: TH15B1 ISIN: ZAG000148693
Instrument Code: TH15B2 ISIN: ZAG000151457
Instrument Code: TH15B3 ISIN: ZAG000155342
Instrument Code: TH15C1 ISIN: ZAG000148701
Instrument Code: TH15C2 ISIN: ZAG000151465
Instrument Code: TH15C3 ISIN: ZAG000155334
Instrument Code: TH15D1 ISIN: ZAG000148719
Instrument Code: TH15D2 ISIN: ZAG000151473
Instrument Code: TH15D3 ISIN: ZAG000155326

The Thekwini Fund 15 (RF) Limited Interest rate reset

Please note, for the interest period from and including 21
February 2020 to, but excluding, 21 May 2020, the interest
rates for The Thekwini Fund 15 (RF) Limited Notes will be as
follows:

  •   R 218,443,207.00Class ?4 Secured Floating Rate Notes due
      21 November 2020(ISIN No. ZAG000164286; Bond Exchange
      Listing Code T15OM4)

  •   R413 000 000.00 Class A1 Secured Floating Rate Notes due
      21 November 2052 (the Class A Notes) (ISIN No.
      ZAG000148735; Bond Exchange Listing Code TH15A1)

  •   R519 000 000.00 Class A2 Secured Floating Rate Notes due
      21 November 2052 (the Class A Notes) (ISIN No.
      ZAG000148743; Bond Exchange Listing Code TH15A2)

  •   R 307 000 000.00 Class A3 Secured Fixed Rate Notes due 21
      November 2052 (the Class A Notes) (ISIN No. ZAG000148685;
      Bond Exchange Listing Code TH15A3)*

  •   R288 000 000.00 Class A4 Secured Floating Rate Notes due
      21 November 2052 (the Class A Notes) (ISIN No.
      ZAG000151424; Bond Exchange Listing Code TH15A4)
•   R800 000 000.00 Class A5 Secured Floating Rate Notes due
    21 November 2052 (the Class A Notes) (ISIN No.
    ZAG000151432; Bond Exchange Listing Code TH15A5)

•   R 88 000 000.00 Class A7 Secured Floating Rate Notes due
    21 November 2052 (the Class A Notes) (ISIN No.
    ZAG000155276; Bond Exchange Listing Code TH15A7)

•   R 500 000 000.00 Class A8 Secured Floating Rate Notes due
    21 November 2052 (the Class A Notes) (ISIN No.
    ZAG000155284; Bond Exchange Listing Code TH15A8)

•   R49 000 000.00 Class B1 Secured Floating Rate Notes due
    21 November 2052 (the Class B Notes) (ISIN No.
    ZAG000148693; Bond Exchange Listing Code TH15B1)

•   R 38 000 000.00 Class B2 Secured Floating Rate Notes due
    21 November 2052 (the Class B Notes) (ISIN No.
    ZAG000151457; Bond Exchange Listing Code TH15B2)

•   R 44 000 000.00 Class B3 Secured Floating Rate Notes due
    21 November 2052 (the Class B Notes)(ISIN No.
    ZAG000155342; Bond Exchange Listing Code TH15B3)

•   R44 000 000.00 Class C1 Secured Floating Rate Notes due
    21 November 2052 (the Class C Notes)(ISIN No.
    ZAG000148701; Bond Exchange Listing Code TH15C1)

•   R25 000 000.00 Class C2 Secured Floating Rate Notes due
    21 November 2052 (the Class C Notes) (ISIN No.
    ZAG000151465; Bond Exchange Listing Code TH15C2)

•   R 24 000 000.00 Class C3 Secured Floating Rate Notes due
    21 November 2052 (the Class C Notes) (ISIN No.
    ZAG000155334; Bond Exchange Listing Code TH15C3)

•   R42 000 000.00 Class D1 Secured Floating Rate Notes due
    21 November 2052 (the Class D Notes) (ISIN No.
    ZAG000148719; Bond Exchange Listing Code TH15D1)

•   R27 000 000.00 Class D2 Secured Floating Rate Notes due
    21 November 2052 (the Class D Notes) (ISIN No.
    ZAG000151473; Bond Exchange Listing Code TH15D2)

•   R 24 000 000.00 Class D3 Secured Floating Rate Notes due
    21 November 2052 (the Class D Notes) (ISIN No.
    ZAG000155326; Bond Exchange Listing Code TH15D3)
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 February 2020 to,
but excluding, 21 May 2020) based on JIBAR for 3-month Rand
deposits for the floating rate Notes, was fixed at 6.542% on
21 February 2020.

  •   Interest on the Class ?4 Floating Rate Notes for the
      interest period was set at 7.432%

  •   Interest   on the   Class A1 Floating Rate Notes for the
      interest   period   was set at 7.992%
  •   Interest   on the   Class A2 Floating Rate Notes for the
      interest   period   was set at 8.192%

  •   *Interest on the Class A3 Fixed Rate Notes for the
      interest period was set at 9.820%

  •   Interest on the Class A4 Floating Rate Notes for the
      interest period was set at 7.932%

  •   Interest on the Class A5 Floating Rate Notes for the
      interest period was set at 8.132%

  •   Interest on the Class A7 Floating Rate Notes for the
      interest period was set at 7.852%

  •   Interest on the Class A8 Floating Rate Notes for the
      interest period was set at 7.952%

  •   Interest on the Class B1 Floating Rate Notes for the
      interest period was set at 8.412%

  •   Interest on the Class B2 Floating Rate Notes for the
      interest period was set at 8.332%

  •   Interest on the Class B3 Floating Rate Notes for the
      interest period was set at 8.242%

  •   Interest on the Class C1 Floating Rate Notes for the
      interest period was set at 8.882%

  •   Interest on the Class C2 Floating Rate Notes for the
      interest period was set at 8.742%

  •   Interest on the Class C3 Floating Rate Notes for the
      interest period was set at 8.642%
  •   Interest on the Class D1 Floating Rate Notes for the
      interest period was set at 11.792%

  •   Interest on the Class D2 Floating Rate Notes for the
      interest period was set at 11.292%

  •   Interest on the Class D3 Floating Rate Notes for the
      interest period was set at 10.772%

*Fixed note interest is paid semi-annually.

26 February 2020

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 26-02-2020 12:40:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.