THE THEKWINI FUND 14 (RF) LIMITED - The Thekwini Fund 14 (RF) Limited Interest rate reset

The Thekwini Fund 14 (RF) Limited Interest rate reset

The Thekwini Fund 14 (RF) Limited
(incorporated with limited liability in the Republic of South
Africa)
(Registration number: 2015/327767/07)


The Thekwini Fund 14 (RF) Limited Interest rate reset

Please note, for the interest period from and including 21
November 2018 to, but excluding, 21 February 2019, the
interest rates and payment amounts for The Thekwini Fund 14
(RF) Limited Notes payable on the 21 February 2019 will be as
follows:

  •   R 452 322 719.00 Class A2 Secured Floating Rate Notes due
      21 November 2051 (the Class A Notes) (ISIN No.
      ZAG000140443; JSE Listing Code TH14A2)
  •   R 250,000,000.00 Class A3 Secured Floating Rate Notes due
      21 November 2051 (the Class A Notes) (ISIN No.
      ZAG000140450; JSE Listing Code TH14A3)
  •   R 112,000,000.00 Class A4 Secured Fixed Rate Notes due 21
      November 2051 (the Class A Notes) (ISIN No. ZAG000140468;
      JSE Listing Code TH14A4)*
  •   R 222 453 796.00 Class A6 Secured Floating Rate Notes due
      21 November 2051 (the Class A Notes) (ISIN No.
      ZAG000141946; JSE Listing Code TH14A6)
  •   R 798,000,000.00 Class A7 Secured Floating Rate Notes due
      21 November 2051 (the Class A Notes) (ISIN No.
      ZAG000141953; JSE Listing Code TH14A7)
  •   R 270,000,000.00 Class A8 Secured Fixed Rate Notes due 21
      November 2051 (the Class A Notes) (ISIN No.
      ZAG0001414961; JSE Listing Code TH14A8)*
  •   R 296 605 062.00 Class A10 Secured Floating Rate Notes
      due 21 November 2051 (the Class A Notes) (ISIN No.
      ZAG000143827; JSE Listing Code T14A10)
  •   R 306,000,000.00 Class A11 Secured Floating Rate Notes
      due 21 November 2051 (the Class A Notes) (ISIN No.
      ZAG000143835; JSE Listing Code T14A11)
  •   R 108,000,000.00 Class A12 Secured Fixed Rate Notes due
      21 November 2051 (the Class A Notes) (ISIN No.
      ZAG000143843; JSE Listing Code T14A12)*
  •   R 42,000,000.00 Class B1 Secured Floating Rate Notes due
      21 November 2051 (the Class B Notes) (ISIN No.
      ZAG000140476; JSE Listing Code TH14B1)
  •   R 56,000,000.00 Class B2 Secured Floating Rate Notes due
      21 November 2051 (the Class B Notes) (ISIN No.
      ZAG000141979; JSE Listing Code TH14B2)
  •   R 35,000,000.00 Class B3 Secured Floating Rate Notes due
      21 November 2051 (the Class B Notes) (ISIN No.
      ZAG000143850; JSE Listing Code TH14B3)
  •   R 52,000,000.00 Class C1 Secured Floating Rate Notes due
      21 November 2051 (the Class C Notes) (ISIN No.
      ZAG000140484; JSE Listing Code TH14C1)
  •   R 21,000,000.00 Class C2 Secured Floating Rate Notes due
      21 November 2051 (the Class C Notes) (ISIN No.
      ZAG000141987; JSE Listing Code TH14C2)
  •   R 27,000,000.00 Class C3 Secured Floating Rate Notes due
      21 November 2051 (the Class C Notes) (ISIN No.
      ZAG000143868; JSE Listing Code TH14C3)
  •   R36,000,000.00 Class D1 Secured Floating Rate Notes due
      21 November 2051 (the Class D Notes) (ISIN No.
      ZAG000140492; JSE Listing Code TH14D1)
  •   R31,000,000.00 Class D2 Secured Floating Rate Notes due
      21 November 2051 (the Class D Notes) (ISIN No.
      ZAG000141995; JSE Listing Code TH14D2)
  •   R24,000,000.00 Class D3 Secured Floating Rate Notes due
      21 November 2051 (the Class D Notes) (ISIN No.
      ZAG000143876; JSE Listing Code TH14D3) (Collectively, the
      Notes)

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 November 2018 to,
but excluding, 21 February 2019) based on JIBAR for 3-month
Rand deposits for the floating rate Notes, was fixed at 7.025%
on 21 November 2018.

  •   Interest on the Class A2 Floating Rate Notes for the
      interest period was set at 8.625% - Total interest of
      R9 833 371.99
  •   Interest on the Class A3 Floating Rate Notes for the
      interest period was set at 8.915% - Total interest of
      R5 617 671.23
  •   *Interest on the Class A4 Fixed Rate Notes for the
      interest period was set at 10.098% - Total interest of
      R2 850 679.23
  •   Interest on the Class A6 Floating Rate Notes for the
      interest period was set at 8.575% - Total interest of
      R4 808 049.31
  •   Interest on the Class A7 Floating Rate Notes for the
      interest period was set at 8.835% - Total interest of
      R17 770 694.79
  •   *Interest on the Class A8 Fixed Rate Notes for the
      interest period was set at 9.350% - Total interest of
      R6 363 123.29
  •   Interest on the Class A10 Floating Rate Notes for the
      interest period was set at 8.575% - Total interest of
      R6 410 732.42
  •   Interest on the Class A11 Floating Rate Notes for the
      interest period was set at 8.775% - Total interest of
      R6 768 049.32
  •   *Interest on the Class A12 Fixed Rate Notes for the
      interest period was set at 9.150% - Total interest of
      R2 490 805.48
  •   Interest on the Class B1 Floating Rate Notes for the
      interest period was set at 9.525% - Total interest of
      R1 008 345.21
  •   Interest on the Class B2 Floating Rate Notes for the
      interest period was set at 9.225% - Total interest of
      R1 302 115.07
  •   Interest on the Class B3 Floating Rate Notes for the
      interest period was set at 9.105% - Total interest of
      R803 235.62
  •   Interest on the Class C1 Floating Rate Notes for the
      interest period was set at 10.025% - Total interest of
      R1 313 961.64
  •   Interest on the Class C2 Floating Rate Notes for the
      interest period was set at 9.825% - Total interest of
      R520 052.05
  •   Interest on the Class C3 Floating Rate Notes for the
      interest period was set at 9.705% - Total interest of
      R660 471.78
  •   Interest on the Class D1 Floating Rate Notes for the
      interest period was set at 13.025% - Total interest of
      R1 181 884.93
  •   Interest on the Class D2 Floating Rate Notes for the
      interest period was set at 12.815% - Total interest of
      R1 001 325.48
  •   Interest on the Class D3 Floating Rate Notes for the
      interest period was set at 12.525% - Total interest of
      R757 676.71

*Fixed note interest is paid semi-annually.

27 November 2018

Debt Sponsor
The Standard Bank of South Africa Limited

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