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THE THEKWINI FUND 11 (RF) LIMITED - Interest Rate Resets

Release Date: 18/07/2017 16:53
Wrap Text
Interest Rate Resets

The Thekwini Fund 11 (RF) Limited
(incorporated with limited liability in the Republic of South
Africa)
(Registration number 2013/020 930/06)
Instrument Code: TH11A1 ISIN: ZAG000107376
Instrument Code: TH11A2 ISIN: ZAG000107335
Instrument Code: TH11A3 ISIN: ZAG000107327
Instrument Code: TH11A4 ISIN: ZAG000110289
Instrument Code: TH11A5 ISIN: ZAG000110297
Instrument Code: TH11A6 ISIN: ZAG000110305
Instrument Code: TH11A7 ISIN: ZAG000114307
Instrument Code: TH11A8 ISIN: ZAG000114323
Instrument Code: TH11B1 ISIN: ZAG000107343
Instrument Code: TH11B2 ISIN: ZAG000110313
Instrument Code: TH11B3 ISIN: ZAG000114331
Instrument Code: TH11C1 ISIN: ZAG000107350
Instrument Code: TH11C2 ISIN: ZAG000110263
Instrument Code: TH11C3 ISIN: ZAG000114349
Instrument Code: TH11D1 ISIN: ZAG000107368
Instrument Code: TH11D2 ISIN: ZAG000110271
Instrument Code: TH11D3 ISIN: ZAG000114356

The Thekwini Fund 11 (RF) Limited Interest Rate Resets

Please note, for the interest period from and including
18 July 2017 to, but excluding, 18 October 2017, the interest
rates for The Thekwini Fund 11 (RF) Limited Notes will be as
follows:

  •   R 3 749 149.00 Class A1 Secured Floating Rate Notes due
      18 July 2041 (the Class A1 Notes) (ISIN No. ZAG000107376;
      Instrument Code TH11A1)

  •   R 500 000 000.00 Class A2 Secured Floating Rate Notes due
      18 July 2041 (the Class A2 Notes) (ISIN No. ZAG000107335;
      Instrument Code TH11A2)

  •   R 45 000 000.00 Class A3 Secured Fixed Rate Notes due 18
      July 2041 (the Class A3 Notes) (ISIN No. ZAG000107327;
      Instrument Code TH11A3)*

  •   R 3 505 454.00 Class A4 Secured Floating Rate Notes due
      18 July 2041 (the Class A4 Notes) (ISIN No. ZAG000110289;
      Instrument Code TH11A4)

  •   R 433 000 000.00 Class A5 Secured Floating Rate Notes due
      18 July 2041 (the Class A5 Notes) (ISIN No. ZAG000110297;
      Instrument TH11A5)
•   R 253 000 000.00 Class A6 Secured Fixed Rate Notes due 18
    July 2041 (the Class A6 Notes) (ISIN No. ZAG000110305;
    Instrument Code TH11A6)*

•   R 2 127 642.00 Class A7 Secured Floating Rate Notes due
    18 July 2041 (the Class A7 Notes) (ISIN No. ZAG000114307;
    Instrument Code TH11A7)

•   R 832 000 000.00 Class A8 Secured Floating Rate Notes due
    18 July 2041 (the Class A8 Notes) (ISIN No. ZAG000114323;
    Instrument Code TH11A8)

•   R 59 000 000.00 Class B1 Secured Floating Rate Notes due
    18 July 2041 (the Class B1 Notes) (ISIN No. ZAG000107343;
    Instrument Code TH11B1)

•   R 66 000 000.00 Class B2 Secured Floating Rate Notes due
    18 July 2041 (the Class B2 Notes) (ISIN No. ZAG000110313;
    Instrument Code TH11B2)

•   R 67 000 000.00 Class B3 Secured Floating Rate Notes due
    18 July 2041 (the Class B3 Notes) (ISIN No. ZAG000114331;
    Instrument Code TH11B3)

•   R 48 000 000.00 Class C1 Secured Floating Rate Notes due
    18 July 2041 (the Class C1 Notes) (ISIN No. ZAG000107350;
    Instrument Code TH11C1)

•   R 54 000 000.00 Class C2 Secured Floating Rate Notes due
    18 July 2041 (the Class C2 Notes) (ISIN No. ZAG000110263;
    Instrument Code TH11C2)

•   R 45 000 000.00 Class C3 Secured Floating Rate Notes due
    18 July 2041 (the Class C3 Notes) (ISIN No. ZAG000114349;
    Instrument Code TH11C3)

•   R 18 000 000.00 Class D1 Secured Floating Rate Notes due
    18 July 2041 (the Class D1 Notes) (ISIN No. ZAG000107368;
    Instrument Code TH11D1)

•   R 20 000 000.00 Class D2 Secured Floating Rate Notes due
    18 July 2041 (the Class D2 Notes) (ISIN No. ZAG000110271;
    Instrument Code TH11D2)

•   R 29 000 000.00 Class D3 Secured Floating Rate Notes due
    18 July 2041 (the Class D3 Notes) (ISIN No. ZAG000114356;
    Instrument Code TH11D3)
 (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 18 July 2017 to, but
excluding, 18 October 2017), based on JIBAR for 3-month Rand
deposits for the floating rate Notes, was fixed at 7.342% on
18 July 2017.

  •  Interest on the   Class A1 Floating Rate Notes for the
     interest period   was set at 8.572%.
   • Interest on the   Class A2 Floating Rate Notes for the
     interest period   was set at 8.892%.
   • Interest on the   Class A3 Fixed Rate Notes for the
     interest period   was set at 8.730%.*
   • Interest on the   Class A4 Floating Rate Notes for the
     interest period   was set at 8.542%.
   • Interest on the   Class A5 Floating Rate Notes for the
     interest period   was set at 8.832%.
   • Interest on the   Class A6 Fixed Rate Notes for the
     interest period   was set at 8.200%.*
   • Interest on the   Class A7 Floating Rate Notes for the
     interest period   was set at 8.482%.
   • Interest on the   Class A8 Floating Rate Notes for the
     interest period   was set at 8.832%.
   • Interest on the   Class B1 Floating Rate Notes for the
     interest period   was set at 9.342%.
   • Interest on the   Class B2 Floating Rate Notes for the
     interest period   was set at 9.232%.
   • Interest on the   Class B3 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 10.222%.
   • Interest on the   Class C2 Floating Rate Notes for the
     interest period   was set at 10.182%.
   • Interest on the   Class C3 Floating Rate Notes for the
     interest period   was set at 9.832%.
   • Interest on the   Class D1 Floating Rate Notes for the
     interest period   was set at 13.342%.
   • Interest on the   Class D2 Floating Rate Notes for the
     interest period   was set at 13.382%.
   • Interest on the   Class D3 Floating Rate Notes for the
     interest period   was set at 13.182%.
*Fixed note interest   is paid semi-annually.

18 July 2017
Debt Sponsor
The Standard Bank of South Africa Limited

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