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THE THEKWINI FUND 10 - The Thekwini Fund 10 (RF) Limited New Financial Instrument Listing Announcement - TH10A7, TH10A8, TH10A9

Release Date: 14/12/2012 15:06
Code(s): TH10A7 TH10A8 TH10A9
Wrap Text
The Thekwini Fund 10 (RF) Limited – New Financial Instrument Listing Announcement - TH10A7, TH10A8, TH10A9

The Thekwini Fund 10 (RF) Limited – New Financial Instrument
Listing Announcement

The Thekwini Fund 10 (RF) Limited – TH10A7, TH10A8, TH10A9

Dated: 14 December 2012
Stock Code: TH10A7, TH10A8, TH10A9

ISIN Code: ZAG000101759, ZAG000101734, ZAG000101742

The JSE Limited has granted a financial instrument listing to The
Thekwini Fund 10 (RF) Limited “TH10A7, TH10A8” Floating Rate Notes
and “TH10A9” 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 3,700,000,000.00

Full Note details are as follows:

Designation of Note:           Class A7 Note
Nominal Issued:                ZAR 300,000,000.00
Coupon Rate:                   6.365% (being 124 bps over 3
                               month JIBAR of 5.125%)
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:    14 December 2012
Settlement Date:               14 December 2012
Rating:                        Aaa.za(sf) by Moody’s
                               Investor Service
Placement Agent:               The Standard Bank of South
                               Africa Limited


Designation of Note:           Class A8 Note
Nominal Issued:                ZAR 180,000,000.00
Coupon Rate:                   6.615% (being 149 bps over 3
                               month JIBAR of 5.125%)
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:    14 December 2012
Settlement Date:               14 December 2012
Rating:                        Aaa.za(sf) by Moody’s
                               Investor Service
Placement Agent:               The Standard Bank of South
                               Africa Limited

Designation of Note:           Class A9 Note
Nominal Issued:                ZAR 20,000,000.00
Coupon Rate:                   7.16% 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:    14 December 2012
Settlement Date:               14 December 2012
Rating:                        Aaa.za(sf) by Moody’s
                               Investor Service
Placement Agent:               The Standard Bank of South
                               Africa Limited

Date: 14 December 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: 14/12/2012 03:06:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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