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THE THEKWINI FUND 9 (PTY) LTD - The Thekwini Fund 9 (Proprietary) Limited Moodys Rating Action

Release Date: 07/12/2012 08:30
Code(s): THE9B1 THE9C1 THE9B2 THE9C2 THE9B3 THE9C3     PDF:  
Wrap Text
The Thekwini Fund 9 (Proprietary) Limited – Moody’s Rating Action

The Thekwini   Fund   9   (Proprietary)   Limited   –   Moody’s   Rating
Action

Date: 7 December 2012

The Thekwini Fund 9 (Proprietary) Limited

Stock Code: THE9B1, THE9C1, THE9B2, THE9C2, THE9B3, THE9C3

ISIN Code: ZAG000087107, ZAG000087115, ZAG000089442,
ZAG000089459, ZAG000092875, ZAG000092883

Authorised Programme size            R4,000,000,000
Total notes issued                   R3,197,800,000

Sponsor: Standard Bank

MOODY’S INVESTOR SERVICE TAKES RATING ACTIONS ON THE9B1, THE9C1,
THE9B2, THE9C2, THE9B3 and THE9C3 ISSUED BY THE THEKWINI FUND 9
(PROPRIETARY) LIMITED (“THEKWINI 9”).

Moody’s yesterday downgraded the Thekwini 9 Class B1 Notes
(THE9B1), Class B2 Notes (THE9B2) and Class B3 Notes (THE9B3)
from A2.za to A3.za (stable) and the Class C1 Notes (THE9C1),
Class C2 Notes (THE9C2) and Class C3 Notes (THE9C3) from Baa3.za
to Ba1.za (stable).

A full statement can be found at the following address
http://www.moodys.com/research/Moodys-review-of-South-African-
RMBS-sector-triggers-rating-actions--PR_261493.

Further information on the Note issued please contact:
Mike Brunke              SBSA (Sponsor)      (011) 378 8101
Email: mike.brunke@standardbank.co.za
Matthew Mutch            SAHL (Servicer)     (031) 576 5724
Email: matthewm@sahomeloans.com

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