THE THEKWINI FUND 20 (RF) LIMITED - TKWI20 - The Thekwini Fund 20 (RF) Limited interest rate reset

TKWI20 - 
The Thekwini Fund 20 (RF) Limited interest rate reset

THE THEKWINI FUND 20 (RF) LIMITED
 Incorporated in South Africa as a public company
 with limited liability under registration number
 2018/418593/06)
Issuer Code: TKWI20

The Thekwini Fund 20 (RF) Limited Interest rate reset

Please note, for the interest period from and including 21 August 2025 to, but excluding, 21 November 2025, 
the interest rates for The Thekwini Fund 20 (RF) Limited Notes will be as follows:

  •   R 105 257 948.00 Class OM1 Secured Floating Rate Notes due 21 May 2026 (the Class Omega Notes)
      (ISIN No. ZAG000216870; JSE Bond Code TH20O1)
  •   R 540 000 000.00 Class A11 Secured Floating Rate Notes due 21 May 2062 (the Class A Notes)
      (ISIN No. ZAG000216755; JSE Bond Code T20A11)
  •   R 877 000 000.00 Class A21 Secured Floating Rate Notes due 21 May 2062 (the Class A Notes)
      (ISIN No. ZAG000216789; JSE Bond Code T20A21)
  •   R 90 000 000.00 Class B1 Secured Floating Rate Notes due 21 May 2062 (the Class B Notes)
      (ISIN No. ZAG000216763; JSE Bond Code TH20B1)
  •   R 90 000 000.00 Class C1 Secured Floating Rate Notes due 21 May 2062 (the Class C Notes)
      (ISIN No. ZAG000216748; JSE Bond Code TH20C1)
  •   R 77 000 000.00 Class D1 Secured Floating Rate Notes due 21 May 2062 (the Class D Notes)
      (ISIN No. ZAG000216722; JSE Bond Code TH20D1)

(Collectively, the Notes)

Notice is hereby given, in accordance with condition 8.4. of the terms and conditions of the Notes, that the 
JIBAR rate for the interest period (from and including 21 August 2025 to, but excluding, 21 November 2025) based 
on JIBAR for 3-month Rand deposits for the floating rate Notes, was fixed at 7.017% on 21 August 2025.

  •   Interest   on the   Class OM1 Floating Rate Notes for the interest period was set at 7.677%
  •   Interest   on the   Class A11 Floating Rate Notes for the interest period was set at 8.137%
  •   Interest   on the   Class A21 Floating Rate Notes for the interest period was set at 8.237%
  •   Interest   on the   Class B1 Floating Rate Notes for the interest period was set at 8.437%
  •   Interest   on the   Class C1 Floating Rate Notes for the interest period was set at 8.837%
  •   Interest   on the   Class D1 Floating Rate Notes for the interest period was set at 9.767%

21 August 2025

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 21-08-2025 03:18:00
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