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THE THEKWINI FUND 15 (RF) LIMITED - TH15-Redemption

Release Date: 02/11/2022 17:02
Code(s): TH15A8 TH15B2 TH15B3 TH15D1 TH15D2 TH15A2 TH15B1 TH15C1 TH15C3 TH15C2 TH15D3 TH15A5 TH15A3     PDF:  
Wrap Text
TH15-Redemption

The Thekwini Fund 15 (RF) Limited
(incorporated with limited liability in the Republic of South
Africa)
(Registration number: 2017/052656/06)

Instrument   Code:   TH15A2   ISIN:   ZAG000148743
Instrument   Code:   TH15A3   ISIN:   ZAG000148685
Instrument   Code:   TH15A5   ISIN:   ZAG000151432
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

NOTICE OF REDEMPTION BY THE ISSUER ON 22 NOVEMBER 2022 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 November
2022, redeem the Outstanding Principal Amount under:

  •   R 484,757,345.00 Class A2 Secured Floating Rate Notes due
      21 November 2052 (the Class A2 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 A3 Notes) (ISIN No.
      ZAG000148685; Bond Exchange Listing Code TH15A3)

  •   R 747,217,488.00 Class A5 Secured Floating Rate Notes due
      21 November 2052 (the Class A5 Notes) (ISIN No.
      ZAG000151432; Bond Exchange Listing Code TH15A5)

  •   R 467,010,930.00 Class A8 Secured Floating Rate Notes due
      21 November 2052 (the Class A8 Notes) (ISIN No.
      ZAG000155284; Bond Exchange Listing Code TH15A8)

  •   R 49,000,000.00 Class B1 Secured Floating Rate Notes due
      21 November 2052 (the Class B1 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 B2 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 B3 Notes) (ISIN No.
      ZAG000155342; Bond Exchange Listing Code TH15B3)

  •   R 44,000,000.00 Class C1 Secured Floating Rate Notes due
      21 November 2052 (the Class C1 Notes) (ISIN No.
      ZAG000148701; Bond Exchange Listing Code TH15C1)

  •   R 25,000,000.00 Class C2 Secured Floating Rate Notes due
      21 November 2052 (the Class C2 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 C3 Notes) (ISIN No.
      ZAG000155334; Bond Exchange Listing Code TH15C3)

  •   R 42,000,000.00 Class D1 Secured Floating Rate Notes due
      21 November 2052 (the Class D1 Notes) (ISIN No.
      ZAG000148719; Bond Exchange Listing Code TH15D1)

  •   R 27,000,000.00 Class D2 Secured Floating Rate Notes due
      21 November 2052 (the Class D2 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 D3 Notes) (ISIN No.
      ZAG000155326; Bond Exchange Listing Code TH15D3)

(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 29 November 2017 and amended, novated from time to time
("Programme Memorandum").

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, is 21 November 2022 and the Notes shall be
redeemed on 22 November 2022 (being the first business day
following the Coupon Step-Up Date).

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
2 November 2022


Debt Sponsor
The Standard Bank of South Africa Limited

Date: 02-11-2022 05:02:00
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