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THE THEKWINI FUND 10 (RF) LIMITED - Credit Rating Announcment

Release Date: 04/07/2017 11:50
Code(s): TH10C1 TH10C2     PDF:  
Wrap Text
Credit Rating Announcment

The Thekwini Fund 10 (RF) Limited
(“the Issuer”) (incorporated with limited liability in the
Republic of South Africa)
(Registration number: 2012/030 394/06)
Instrument Code: TH10C1 ISIN: ZAG000096116
Instrument Code: TH10C2 ISIN: ZAG000100983
(“The Thekwini Fund 10”) or (“the Issuer”)

CREDIT RATING ANNOUNCEMENT

The Issuer wishes to advise noteholders that Moody’s Investor
Services (“Moody’s) has on 14th June 2017 amended the credit rating
assigned to certain tranches of notes issued and outstanding under
the Issuer’s asset-backed note programme.

The national scale rating assigned to the Class C1 and Class C2
notes was upgraded to Aa2.za(sf) from A1.za(sf).

Further details can be found at the following web address:

https://www.moodys.com/

For further information on the Notes issued please contact:
Mike Brunke Standard Bank (Sponsor) (011) 721 8101
Email: mike.brunke@standardbank.co.za



4 July 2017

Debt Sponsor
The Standard Bank of South Africa Limited

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