Wrap Text
New Instrument Listing
The Thekwini Fund 10 (RF) Limited – New Financial Instrument
Listing Announcement
The Thekwini Fund 10 (RF) Limited – TH10A4, TH10A5, TH10A6,
TH10B2, TH10C2, TH10D2
Dated: 7 November 2012
Stock Code: TH10A4, TH10A5, TH10A6, TH10B2, TH10C2, TH10D2
ISIN Code: ZAG000100959, ZAG000100975, ZAG000100942,
ZAG000100967, ZAG000100983, ZAG000100991
The JSE Limited has granted a financial instrument listing to The
Thekwini Fund 10 (RF) Limited “TH10A4, TH10A5, TH10B2, TH10C2,
TH10D2” Floating Rate Notes and “TH10A6” Fixed Rate Notes all due 18
October 2038 (Step up and call date 18 July 2017) and issued by The
Thekwini Fund 10 (RF) Limited in terms of its Programme Memorandum
dated 22 June 2012.
Authorised Programme size R 4,000,000,000.00
Total notes issued(incl. this issue) R 3,200,000,000.00
Full Note details are as follows:
Designation of Note: Class A4 Note
Nominal Issued: ZAR 428,000,000.00
Coupon Rate: 6.315% (being 124 bps over 3
month JIBAR of 5.075%)
Coupon Step-Up Rate: 176 bps over 3 month JIBAR
Coupon Indicator: Floating
Maturity Date: 18 October 2038
First Interest Payment Date: 18 January 2013
Coupon Step-Up Date: 18 July 2017
Interest Payment Dates: 18th January, 18th April, 18th
July and 18th October of each
year
Books Close: 14th January, 14th April, 14th
July and 14th October of each
year
Last day to register: By 17:00 on 13th January, 13th
April, 13th July and 13th
October of each year
Interest Commencement Date: 7 November 2012
Settlement Date: 7 November 2012
Rating: Aaa.za(sf) by Moody’s
Investor Service
Placement Agent: The Standard Bank of South
Africa Limited
Designation of Note: Class A5 Note
Nominal Issued: ZAR 664,000,000.00
Coupon Rate: 6.565% (being 149 bps over 3
month JIBAR of 5.075%)
Coupon Step-Up Rate: 202 bps over 3 month JIBAR
Coupon Indicator: Floating
Maturity Date: 18 October 2038
First Interest Payment Date: 18 January 2013
Coupon Step-Up Date: 18 July 2017
Interest Payment Dates: 18th January, 18th April, 18th
July and 18th October of each
year
Books Close: 14th January, 14th April, 14th
July and 14th October of each
year
Last day to register: By 17:00 on 13th January, 13th
April, 13th July and 13th
October of each year
Interest Commencement Date: 7 November 2012
Settlement Date: 7 November 2012
Rating: Aaa.za(sf) by Moody’s
Investor Service
Placement Agent: The Standard Bank of South
Africa Limited
Designation of Note: Class A6 Note
Nominal Issued: ZAR 70,000,000.00
Coupon Rate: 7.39% per annum
Coupon Step-Up Rate: 202 bps over 3 month JIBAR
Coupon Indicator: Fixed until Coupon Step-Up
Date then Floating thereafter
Maturity Date: 18 October 2038
First Interest Payment Date: 18 January 2013
Coupon Step-Up Date: 18 July 2017
Interest Payment Dates: 18th January and 18th July of
each year until Coupon Step-
up Date then 18th January, 18th
April, 18th July and 18th
October of each year
thereafter
Books Close: 14th January and 14th July of
each year until Coupon Step-
up Date then 14th January, 14th
April, 14th July and 14th
October of each year
thereafter
Last day to register: By 17:00 on 13th January and
13th July of each year until
Coupon Step-up Date the 13th
January, 13th April, 13th July
and 13th October of each year
thereafter
Interest Commencement Date: 7 November 2012
Settlement Date: 7 November 2012
Rating: Aaa.za(sf) by Moody’s
Investor Service
Placement Agent: The Standard Bank of South
Africa Limited
Designation of Note: Class B2 Note
Nominal Issued: ZAR 111,000,000.00
Coupon Rate: 7.015% (being 194 bps over 3
month JIBAR of 5.075%)
Coupon Step-Up Rate: 258 bps over 3 month JIBAR
Coupon Indicator: Floating
Maturity Date: 18 October 2038
First Interest Payment Date: 18 January 2013
Coupon Step-Up Date: 18 July 2017
Interest Payment Dates: 18th January, 18th April, 18th
July and 18th October of each
year
Books Close: 14th January, 14th April, 14th
July and 14th October of each
year
Last day to register: By 17:00 on 13th January, 13th
April, 13th July and 13th
October of each year
Interest Commencement Date: 7 November 2012
Settlement Date: 7 November 2012
Rating: A2.za(sf) by Moody’s Investor
Service
Placement Agent: The Standard Bank of South
Africa Limited
Designation of Note: Class C2 Note
Nominal Issued: ZAR 81,000,000.00
Coupon Rate: 7.845% (being 277 bps over 3
month JIBAR of 5.075%)
Coupon Step-Up Rate: 277 bps over 3 month JIBAR
Coupon Indicator: Floating
Maturity Date: 18 October 2038
First Interest Payment Date: 18 January 2013
Coupon Step-Up Date: 18 July 2017
Interest Payment Dates: 18th January, 18th April, 18th
July and 18th October of each
year
Books Close: 14th January, 14th April, 14th
July and 14th October of each
year
Last day to register: By 17:00 on 13th January, 13th
April, 13th July and 13th
October of each year
Interest Commencement Date: 7 November 2012
Settlement Date: 7 November 2012
Rating: Baa3.za(sf) by Moody’s
Investor Service
Placement Agent: The Standard Bank of South
Africa Limited
Designation of Note: Class D2 Note
Nominal Issued: ZAR 46,000,000.00
Coupon Rate: 11.325% (being 625 bps over 3
month JIBAR of 5.075%)
Coupon Step-Up Rate: 625 bps over 3 month JIBAR
Coupon Indicator: Floating
Maturity Date: 18 October 2038
First Interest Payment Date: 18 January 2013
Coupon Step-Up Date: 18 July 2017
Interest Payment Dates: 18th January, 18th April, 18th
July and 18th October of each
year
Books Close: 14th January, 14th April, 14th
July and 14th October of each
year
Last day to register: By 17:00 on 13th January, 13th
April, 13th July and 13th
October of each year
Interest Commencement Date: 7 November 2012
Settlement Date: 7 November 2012
Rating: Not Rated
Placement Agent: The Standard Bank of South
Africa Limited
Date: 7 November 2012
Sponsor: Standard Bank
Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Further information on the Note issued please contact:
Mike Brunke Standard Bank (Sponsor) (011) 378 8101
Email: mike.brunke@standardbank.co.za
Date: 07/11/2012 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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