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THE THEKWINI FUND 12 (RF) LIMITED - The Thekwini Fund 12 (RF) Limited Interest Rate Reset

Release Date: 21/08/2015 13:25
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The Thekwini Fund 12 (RF) Limited Interest Rate Reset

    The Thekwini Fund 12 (RF) Limited
    (incorporated with limited liability in the Republic of South
    Africa)
    (Registration number: 2014/106401/06)
    Instrument Code: T12A10 ISIN: ZAG000125766
    Instrument Code: T12A11 ISIN: ZAG000125774
    Instrument Code: T12A12 ISIN: ZAG000125725
    Instrument Code: TH12A1 ISIN: ZAG000120031
    Instrument Code: TH12A2 ISIN: ZAG000120049
    Instrument Code: TH12A3 ISIN: ZAG000120056
    Instrument Code: TH12A4 ISIN: ZAG000121690
    Instrument Code: TH12A5 ISIN: ZAG000121708
    Instrument Code: TH12A6 ISIN: ZAG000121724
    Instrument Code: TH12A7 ISIN: ZAG000123159
    Instrument Code: TH12A8 ISIN: ZAG000123167
    Instrument Code: TH12A9 ISIN: ZAG000123175
    Instrument Code: TH12B1 ISIN: ZAG000120064
    Instrument Code: TH12B2 ISIN: ZAG000121740
    Instrument Code: TH12B3 ISIN: ZAG000123183
    Instrument Code: TH12B4 ISIN: ZAG000125733
    Instrument Code: TH12C1 ISIN: ZAG000120072
    Instrument Code: TH12C2 ISIN: ZAG000121757
    Instrument Code: TH12C3 ISIN: ZAG000123191
    Instrument Code: TH12C4 ISIN: ZAG000125741
    Instrument Code: TH12D1 ISIN: ZAG000120080
    Instrument Code: TH12D2 ISIN: ZAG000121765
    Instrument Code: TH12D3 ISIN: ZAG000123209
    Instrument Code: TH12D4 ISIN: ZAG000125758

    The Thekwini Fund 12 (RF) Limited Interest rate reset

    Please note, for the interest period from and including 21
    August 2015 to, but excluding, 23 November 2015, the interest
    rates for The Thekwini Fund 12 (RF) Limited Notes will be as
    follows:

    -  R 280,000,000.00 Class A1 Secured Floating Rate Notes due
       21 February 2048 (the Class A Notes) (ISIN No.
       ZAG000120031; Bond Exchange Listing Code TH12A1)

    -  R 83,000,000.00 Class A2 Secured Floating Rate Notes due
       21 February 2048 (the Class A Notes) (ISIN No.
       ZAG000120049; Bond Exchange Listing Code TH12A2)

    -  R 450,000,000.00 Class A3 Secured Fixed Rate Notes due 21
       February 2048 (the Class A Notes) (ISIN No. ZAG000120056;
       Bond Exchange Listing Code TH12A3)*

    -  R 279,000,000.00 Class A4 Secured Floating Rate Notes due
       21 February 2048 (the Class A Notes) (ISIN No.
       ZAG000121690; Bond Exchange Listing Code TH12A4)

   -   R 130,000,000.00 Class A5 Secured Floating Rate Notes due
       21 February 2048 (the Class A Notes) (ISIN No.
       ZAG000121708; Bond Exchange Listing Code TH12A5)

   -   R 300,000,000.00 Class A6 Secured Fixed Rate Notes due 21
       February 2048 (the Class A Notes) (ISIN No. ZAG000121724;
       Bond Exchange Listing Code TH12A6)*

   -   R 100,000,000.00 Class A7 Secured Floating Rate Notes due
       21 February 2048 (the Class A Notes) (ISIN No.
       ZAG000123159; Bond Exchange Listing Code TH12A7)

   -   R 9,000,000.00 Class A8 Secured Floating Rate Notes due 21
       February 2048 (the Class A Notes) (ISIN No. ZAG000123167;
       Bond Exchange Listing Code TH12A8)

   -   R 471,000,000.00 Class A9 Secured Fixed Rate Notes due 21
       February 2048 (the Class A Notes) (ISIN No. ZAG000123175;
       Bond Exchange Listing Code TH12A9)*

   -   R 160,000,000.00 Class A10 Secured Floating Rate Notes due
       21 February 2048 (the Class A Notes) (ISIN No.
       ZAG000125766; Bond Exchange Listing Code T12A10)

   -   R 326,000,000.00 Class A11 Secured Floating Rate Notes due
       21 February 2048 (the Class A Notes) (ISIN No.
       ZAG000125774; Bond Exchange Listing Code T12A11)

   -   R 214,000,000.00 Class A12 Secured Fixed Rate Notes due 21
       February 2048 (the Class A Notes) (ISIN No. ZAG000125725;
       Bond Exchange Listing Code T12A12)*

   -   R 58,000,000.00 Class B1 Secured Floating Rate Notes due
       21 February 2048 (the Class B Notes) (ISIN No.
       ZAG000120064; Bond Exchange Listing Code TH12B1)

   -   R 60,000,000.00 Class B2 Secured Floating Rate Notes due
       21 February 2048 (the Class B Notes) (ISIN No.
       ZAG000121740; Bond Exchange Listing Code TH12B2)

   -   R 32,000,000.00 Class B3 Secured Floating Rate Notes due
       21 February 2048 (the Class B Notes) (ISIN No.
       ZAG000123183; Bond Exchange Listing Code TH12B3)

   -   R 51,000,000.00 Class B4 Secured Floating Rate Notes due
       21 February 2048 (the Class B Notes) (ISIN No.
       ZAG000125733; Bond Exchange Listing Code TH12B4)

   -   R 40,000,000.00 Class C1 Secured Floating Rate Notes due
       21 February 2048 (the Class C Notes) (ISIN No.
       ZAG000120072; Bond Exchange Listing Code TH12C1)

   -   R 35,000,000.00 Class C2 Secured Floating Rate Notes due
       21 February 2048 (the Class C Notes) (ISIN No.
       ZAG000121757; Bond Exchange Listing Code TH12C2)

   -   R 29,000,000.00 Class C3 Secured Floating Rate Notes due
       21 February 2048 (the Class C Notes) (ISIN No.
       ZAG000123191; Bond Exchange Listing Code TH12C3)

   -   R 33,000,000.00 Class C4 Secured Floating Rate Notes due
       21 February 2048 (the Class C Notes) (ISIN No.
       ZAG000125741; Bond Exchange Listing Code TH12C4)

   -   R19,000,000.00 Class D1 Secured Floating Rate Notes due 21
       February 2048 (the Class D Notes) (ISIN No. ZAG000120080;
       Bond Exchange Listing Code TH12D1)

   -   R20,000,000.00 Class D2 Secured Floating Rate Notes due 21
       February 2048 (the Class D Notes) (ISIN No. ZAG000121765;
       Bond Exchange Listing Code TH12D2)

   -   R11,000,000.00 Class D3 Secured Floating Rate Notes due 21
       February 2048 (the Class D Notes) (ISIN No. ZAG000123209;
       Bond Exchange Listing Code TH12D3)

   -   R16,000,000.00 Class D4 Secured Floating Rate Notes due 21
       February 2048 (the Class D Notes) (ISIN No. ZAG000125758;
       Bond Exchange Listing Code TH12D4)

    (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 August 2015 to, but
    excluding, 23 November 2015) based on JIBAR for 3-month Rand
    deposits for the floating rate Notes, was fixed at 6.300% on
    21 August 2015.

    -  Interest on the Class A1 Floating Rate Notes for the
       interest period was set at 7.600%

    -  Interest on the Class A2 Floating Rate Notes for the
       interest period was set at 7.850%

    -  Interest on the Class A3 Fixed Rate Notes for the interest
       period was set at 9.170%

    -  Interest on the Class A4 Floating Rate Notes for the
       interest period was set at 7.700%

    -  Interest on the Class A5 Floating Rate Notes for the
       interest period was set at 8.050%

    -  Interest on the Class A6 Fixed Rate Notes for the interest
       period was set at 8.540%

    -  Interest on the Class A7 Floating Rate Notes for the
       interest period was set at 7.650%

    -  Interest on the Class A8 Floating Rate Notes for the
       interest period was set at 8.050%

    -  Interest on the Class A9 Fixed Rate Notes for the interest
       period was set at 8.310%

    -  Interest on the Class A10 Floating Rate Notes for the
       interest period was set at 7.700%

    -  Interest on the Class A11 Floating Rate Notes for the
       interest period was set at 8.050%

    -  Interest on the Class A12 Fixed Rate Notes for the
       interest period was set at 9.030%

    -  Interest on the Class B1 Floating Rate Notes for the
       interest period was set at 8.500%

    -  Interest on the Class B2 Floating Rate Notes for the
       interest period was set at 8.500%

    -  Interest on the Class B3 Floating Rate Notes for the
       interest period was set at 8.500%

    -  Interest on the Class B4 Floating Rate Notes for the
       interest period was set at 8.500%

    -  Interest on the Class C1 Floating Rate Notes for the
       interest period was set at 9.300%

    -  Interest on the Class C2 Floating Rate Notes for the
       interest period was set at 9.300%

    -  Interest on the Class C3 Floating Rate Notes for the
       interest period was set at 9.300%

    -  Interest on the Class C4 Floating Rate Notes for the
       interest period was set at 9.290%

    -  Interest on the Class D1 Floating Rate Notes for the
       interest period was set at 12.550%

    -  Interest on the Class D2 Floating Rate Notes for the
       interest period was set at 12.550%

    -  Interest on the Class D3 Floating Rate Notes for the
       interest period was set at 12.550%

    -  Interest on the Class D4 Floating Rate Notes for the
       interest period was set at 12.490%

    *Fixed note interest is paid semi-annually.

    21 August 2015

    Debt Sponsor
    The Standard Bank of South Africa Limited

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