THE THEKWINI FUND 16 (RF) LIMITED - The Thekwini Fund 16 (RF) Limited -Partial Redemption and Interest Rate Amount

The Thekwini Fund 16 (RF) Limited -Partial Redemption and Interest Rate Amount

The Thekwini Fund 16 (RF) Limited
(incorporated with limited liability in the Republic of South Africa)
(Registration number: 2018/418593/06)
Instrument Code: T16OM1 ISIN: ZAG000161720
Instrument Code: TH16A1 ISIN: ZAG000161662
Instrument Code: TH16A2 ISIN: ZAG000161670
Instrument Code: TH16A3 ISIN: ZAG000161688
Instrument Code: TH16B1 ISIN: ZAG000161696
Instrument Code: TH16C1 ISIN: ZAG000161704
Instrument Code: TH16D1 ISIN: ZAG000161712

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 May 2020.


Partial Redemption
                                                      Amount
                                    Capital
                                                   Outstanding
 Stock Code          ISIN          Redemption
                                                  after Capital
                                     Amount
                                                    Redemption
   T16OM1       ZAG000161720     R59 394 678.00   R59 213 681.00


The interest payable to the Noteholders for The Thekwini Fund
16 (RF) Limited on Thursday, 21 May 2020 is as follows


                                                  Total Interest
                                                       Amount in
   Instrument        Interest     Interest Rate       respect of
         Code    Payment Date                 %        Aggregate
                                                  Nominal Amount
                                                               (R)
T16OM1               21-May-20            7.43%     2 172   092.75
TH16A1               21-May-20            7.80%     8 926   343.01
TH16A2               21-May-20            7.99%    19 745   713.97
*TH16A3              21-May-20            8.49%               0.00
TH16B1               21-May-20            8.23%     1 420   865.75
TH16C1               21-May-20            8.54%     1 095   248.22
TH16D1               21-May-20           10.69%     1 265   464.11
*Fixed note interest is paid semi-annually.

    19-May-20

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 19-05-2020 03:33:00
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