Wrap Text
New financial instrument listing announcement
The Thekwini Fund 12 (RF) Limited
New Financial Instrument Listing Announcement
Dated: 28 April 2015
Stock Code: T12A10, T12A11, T12A12, TH12B4, TH12C4, TH12D4
ISIN Code: ZAG000125766, ZAG000125774, ZAG000125725,
ZAG000125733, ZAG000125741, ZAG000125758
The JSE Limited has granted a financial instrument listing to The
Thekwini Fund 12 (RF) Limited “T12A10, T12A11, T12B4, TH12C4,
TH12D4” Floating Rate Notes and “T12A12’ Fixed Rate Notes all due 21
February 2048 (Step up and call date 21 August 2019) and issued by
The Thekwini Fund 12 (RF) Limited in terms of its Programme
Memorandum dated on or about 23 September 2014.
Authorised Programme size R 4,000,000,000.00
Total notes issued (incl. this issue) R 3,206,000,000.00
Full Note details are as follows:
Designation of Note: Class A10 Note
Nominal Issued: ZAR 160,000,000.00
Coupon Rate: 7.517% (being 140 bps over 3
month JIBAR of 6.117%)
Coupon Step-Up Rate: 160 bps over 3 month JIBAR
Coupon Indicator: Floating
Maturity Date: 21 February 2048
First Interest Payment Date: 21 May 2015
Coupon Step-Up Date: 21 August 2019
Interest Payment Dates: 21st February, 21st May, 21st
August and 21st November of
each year
Books Close: 17th February, 17th May, 17th
August and 17th November of
each year
Last day to register: By 17:00 on 16th February, 16th
May, 16th August and 16th
November of each year
Interest Commencement Date: 29th April 2015
Settlement Date: 29th April 2015
Rating: AAA(zaf) by Fitch Ratings
Placement Agent: The Standard Bank of South
Africa Limited
Designation of Note: Class A11 Note
Nominal Issued: ZAR 326,000,000.00
Coupon Rate: 7.867% (being 175 bps over 3
month JIBAR of 6.117%)
Coupon Step-Up Rate: 210 bps over 3 month JIBAR
Coupon Indicator: Floating
Maturity Date: 21 February 2048
First Interest Payment Date: 21 May 2015
Coupon Step-Up Date: 21 August 2019
Interest Payment Dates: 21st February, 21st May, 21st
August and 21st November of
each year
Books Close: 17th February, 17th May, 17th
August and 17th November of
each year
Last day to register: By 17:00 on 16th February, 16th
May, 16th August and 16th
November of each year
Interest Commencement Date: 29th April 2015
Settlement Date: 29th April 2015
Rating: AAA(zaf) by Fitch Ratings
Placement Agent: The Standard Bank of South
Africa Limited
Designation of Note: Class A12 Note
Nominal Issued: ZAR 214,000,000.00
Coupon Rate: 9.03% per annum
Coupon Step-Up Rate: 210 bps over 3 month JIBAR
Coupon Indicator: Fixed until Coupon Step-Up
Date then Floating thereafter
Maturity Date: 21 February 2048
First Interest Payment Date: 21 August 2015
Coupon Step-Up Date: 21 August 2019
Interest Payment Dates: 21st February and 21st August
of each year until Coupon
Step-up Date then 21st
st st
February, 21 May, 21 August
and 21st November of each year
thereafter
Books Close: 17th February and 17th August
of each year until Coupon
Step-up Date then 17th
February, 17th May, 17th August
and 17th November of each year
thereafter
Last day to register: By 17:00 on 16th February and
16th August of each year until
Coupon Step-up Date the 16th
February, 16th May, 16th August
and 16th November of each year
thereafter
Interest Commencement Date: 29th April 2015
Settlement Date: 29th April 2015
Rating: AAA(zaf) by Fitch Ratings
Placement Agent: The Standard Bank of South
Africa Limited
Designation of Note: Class B4 Note
Nominal Issued: ZAR 51,000,000.00
Coupon Rate: 8.317% (being 220 bps over 3
month JIBAR of 6.117%)
Coupon Step-Up Rate: 260 bps over 3 month JIBAR
Coupon Indicator: Floating
Maturity Date: 21 February 2048
First Interest Payment Date: 21 May 2015
Coupon Step-Up Date: 21 August 2019
Interest Payment Dates: 21st February, 21st May, 21st
August and 21st November of
each year
Books Close: 17th February, 17th May, 17th
August and 17th November of
each year
Last day to register: By 17:00 on 16th February, 16th
May, 16th August and 16th
November of each year
Interest Commencement Date: 29th April 2015
Settlement Date: 29th April 2015
Rating: A+(zaf) by Fitch Ratings
Placement Agent: The Standard Bank of South
Africa Limited
Designation of Note: Class C4 Note
Nominal Issued: ZAR 33,000,000.00
Coupon Rate: 9.107% (being 299 bps over 3
month JIBAR of 6.117%)
Coupon Step-Up Rate: 299 bps over 3 month JIBAR
Coupon Indicator: Floating
Maturity Date: 21 February 2048
First Interest Payment Date: 21 May 2015
Coupon Step-Up Date: 21 August 2019
Interest Payment Dates: 21st February, 21st May, 21st
August and 21st November of
each year
Books Close: 17th February, 17th May, 17th
August and 17th November of
each year
Last day to register: By 17:00 on 16th February, 16th
May, 16th August and 16th
November of each year
Interest Commencement Date: 29th April 2015
Settlement Date: 29th April 2015
Rating: BBB-(zaf) by Fitch Ratings
Placement Agent: The Standard Bank of South
Africa Limited
Designation of Note: Class D4 Note
Nominal Issued: ZAR 16,000,000.00
Coupon Rate: 12.307% (being 619 bps over 3
month JIBAR of 6.117%)
Coupon Step-Up Rate: 619 bps over 3 month JIBAR
Coupon Indicator: Floating
Maturity Date: 21 February 2048
First Interest Payment Date: 21 May 2015
Coupon Step-Up Date: 21 August 2019
Interest Payment Dates: 21st February, 21st May, 21st
August and 21st November of
each year
Books Close: 17th February, 17th May, 17th
August and 17th November of
each year
Last day to register: By 17:00 on 16th February, 16th
May, 16th August and 16th
November of each year
Interest Commencement Date: 29th April 2015
Settlement Date: 29th April 2015
Rating: not rated
Placement Agent: The Standard Bank of South
Africa Limited
Debt Sponsor: The Standard Bank of South Africa
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 (Debt Sponsor) (011) 721 8101
Email: mike.brunke@standardbank.co.za
Date: 28/04/2015 12:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
Sharenet Sites 
