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THE THEKWINI FUND 12 (RF) LIMITED - Interest rate resets

Release Date: 22/02/2016 11:58
Wrap Text
Interest rate resets

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 22
February 2016 to, but excluding, 23 May 2016, 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)
    R450,000,000.00 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)
    R 19,000,000.00 Class D1 Secured Floating Rate Notes    due
     21 February 2048 (the Class D Notes) (ISIN No.
     ZAG000120080; Bond Exchange Listing Code TH12D1)
    R 20,000,000.00 Class D2 Secured Floating Rate Notes   due
     21 February 2048 (the Class D Notes) (ISIN No.
     ZAG000121765; Bond Exchange Listing Code TH12D2)
    R 11,000,000.00 Class D3 Secured Floating Rate Notes     due
     21 February 2048 (the Class D Notes) (ISIN No.
     ZAG000123209; Bond Exchange Listing Code TH12D3)
    R 16,000,000.00 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 22 February 2016 to,
but excluding, 23 May 2016) based on JIBAR for 3-month Rand
deposits for the floating rate Notes, was fixed at 6.992% on
22 February 2016.

     Interest   on the   Class A1 Floating Rate Notes for the
      interest   period   was set at 8.292%
     Interest   on the   Class A2 Floating Rate Notes for the
      interest   period   was set at 8.542%
     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 8.392%
     Interest   on the   Class A5 Floating Rate Notes for the
      interest   period   was set at 8.742%
     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 8.342%
     Interest   on the   Class A8 Floating Rate Notes for the
      interest   period   was set at 8.742%
     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 8.392%
     Interest   on the   Class A11 Floating Rate Notes for the
      interest   period   was set at 8.742%
     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 9.192%
     Interest   on the   Class B2 Floating Rate   Notes for the
      interest   period   was set at 9.192%
     Interest   on the   Class B3 Floating Rate   Notes for the
      interest   period   was set at 9.192%
     Interest   on the   Class B4 Floating Rate   Notes for the
      interest   period   was set at 9.192%
     Interest   on the   Class C1 Floating Rate   Notes for the
      interest   period   was set at 9.992%
     Interest   on the   Class C2 Floating Rate   Notes for the
      interest   period   was set at 9.992%
     Interest   on the   Class C3 Floating Rate   Notes for the
      interest   period   was set at 9.992%
     Interest   on the   Class C4 Floating Rate   Notes for the
      interest   period   was set at 9.982%
     Interest   on the   Class D1 Floating Rate   Notes for the
      interest   period   was set at 13.242%
     Interest   on the   Class D2 Floating Rate   Notes for the
      interest   period   was set at 13.242%
     Interest   on the   Class D3 Floating Rate   Notes for the
      interest   period   was set at 13.242%
     Interest   on the   Class D4 Floating Rate   Notes for the
      interest   period   was set at 13.182%

*Fixed note interest is paid semi-annually.

22 February 2016

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 22/02/2016 11:58:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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