THE THEKWINI FUND 16 (RF) LIMITED - Partial Redemption and Interest Rate Resets

Partial Redemption and Interest Rate Resets

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

Capital Redemption and Interest Payable Announcement


In accordance with the Terms and Conditions of The Thekwini
Fund 16 (RF) Ltd notes, relevant noteholders are advised of the
below capital redemption effective Thursday, 21 November 2019.

Partial Redemption

                                                      Amount
                                    Capital
                                                   Outstanding
 Stock Code          ISIN         Redemption
                                                  after Capital
                                    Amount
                                                   Redemption

   T16OM1       ZAG000148727     R61 960 264.00   R178 039 736.00


The interest payable to the Noteholders for The Thekwini Fund
16 (RF) Limited on Thursday, 21 November 2019 is as follows


                                                   Total Interest
                                                        Amount in
   Instrument        Interest     Interest Rate        respect of
         Code    Payment Date                 %         Aggregate
                                                   Nominal Amount
                                                                (R)
T16OM1               21-Nov-19            7.72%      4 668   861.37
TH16A1               21-Nov-19            8.09%      9 465   040.66
TH16A2               21-Nov-19            8.28%     20 919   454.03
*TH16A3              21-Nov-19            8.49%                0.00
TH16B1               21-Nov-19            8.52%      1 503   784.11
TH16C1               21-Nov-19            8.83%      1 157   728.00
TH16D1               21-Nov-19           10.98%      1 328   792.55

*Fixed note interest is paid semi-annually.

19-Nov-19

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 19/11/2019 09:40:00
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