THE THEKWINI FUND 15 (RF) LIMITED - The Thekwini Fund 15 (RF) Limited Interest rate reset

The Thekwini Fund 15 (RF) Limited Interest rate reset

The Thekwini Fund 15 (RF) Limited
(incorporated with limited liability in the Republic of South
Africa)
(Registration number: 2017/052656/06)


The Thekwini Fund 15 (RF) Limited Interest rate reset

Please note, for the interest period from and including 21
November 2018 to, but excluding, 21 February 2019, the
interest rates and payment amounts for The Thekwini Fund 15
(RF) Limited Notes payable on the 21 February 2019 will be as
follows:

  •   R 320 000 000.00 Class ?3 Secured Floating Rate Notes due
      21 November 2019 (ISIN No. ZAG000155318; JSE Listing Code
      T15OM3)
  •   R413 000 000.00 Class A1 Secured Floating Rate Notes due
      21 November 2052 (the Class A Notes) (ISIN No.
      ZAG000148735; JSE Listing Code TH15A1)
  •   R519 000 000.00 Class A2 Secured Floating Rate Notes due
      21 November 2052 (the Class A Notes) (ISIN No.
      ZAG000148743; JSE Listing Code TH15A2)
  •   R 307 000 000.00 Class A3 Secured Fixed Rate Notes due 21
      November 2052 (the Class A Notes) (ISIN No. ZAG000148685;
      JSE Listing Code TH15A3)*
  •   R288 000 000.00 Class A4 Secured Floating Rate Notes due
      21 November 2052 (the Class A Notes) (ISIN No.
      ZAG000151424; JSE Listing Code TH15A4)
  •   R800 000 000.00 Class A5 Secured Floating Rate Notes due
      21 November 2052 (the Class A Notes) (ISIN No.
      ZAG000151432; JSE Listing Code TH15A5)
  •   R88 000 000.00 Class A7 Secured Floating Rate Notes due
      21 November 2052 (the Class A Notes) (ISIN No.
      ZAG000155276; JSE Listing Code TH15A7)
  •   R500 000 000.00 Class A8 Secured Floating Rate Notes due
      21 November 2052 (the Class A Notes) (ISIN No.
      ZAG000155284; JSE Listing Code TH15A8)
  •   R R49 000 000.00 Class B1 Secured Floating Rate Notes due
      21 November 2052 (the Class B Notes) (ISIN No.
      ZAG000148693; JSE Listing Code TH15B1)
  •   R 38 000 000.00 Class B2 Secured Floating Rate Notes due
      21 November 2052 (the Class B Notes) (ISIN No.
      ZAG000151457; JSE Listing Code TH15B2)
  •   R 44 000 000.00 Class B3 Secured Floating Rate Notes due
      21 November 2052 (the Class B Notes) (ISIN No.
      ZAG000155342; JSE Listing Code TH15B3)
  •   R44 000 000.00 Class C1 Secured Floating Rate Notes   due
      21 November 2052 (the Class C Notes) (ISIN No.
      ZAG000148701; JSE Listing Code TH15C1)
  •   R25 000 000.00 Class C2 Secured Floating Rate Notes   due
      21 November 2052 (the Class C Notes) (ISIN No.
      ZAG000151465; JSE Listing Code TH15C2)
  •   R24 000 000.00 Class C3 Secured Floating Rate Notes   due
      21 November 2052 (the Class C Notes) (ISIN No.
      ZAG000155334; JSE Listing Code TH15C3)
  •   R42 000 000.00 Class D1 Secured Floating Rate Notes   due
      21 November 2052 (the Class D Notes) (ISIN No.
      ZAG000148719; JSE Listing Code TH15D1)
  •   R27 000 000.00 Class D2 Secured Floating Rate Notes   due
      21 November 2052 (the Class D Notes) (ISIN No.
      ZAG000151473; JSE Listing Code TH15D2)
  •   R24 000 000.00 Class D3 Secured Floating Rate Notes   due
      21 November 2052 (the Class D Notes) (ISIN No.
      ZAG000155326; JSE Listing Code TH15D3)

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 November 2018 to,
but excluding, 21 February 2019) based on JIBAR for 3-month
Rand deposits for the floating rate Notes, was fixed at 7.025%
on 21 November 2019 for all notes with the exception of Tap 2
issuance (T15OM3, TH15A7, TH15A8,TH15B3,TH15C3,TH15D3) which
was fixed on the 14th November 2018 at 7.017%.

  •   Interest on the Class ?3 Floating Rate Notes for the
      interest period was set at 7.917% - Total interest of
      R6 385 656.99
  •   Interest on the Class A1 Floating Rate Notes for the
      interest period was set at 8.475% - Total interest of
      R8 822 358.90
  •   Interest on the Class A2 Floating Rate Notes for the
      interest period was set at 8.675% - Total interest of
      R11 348 326.03
  •   *Interest on the Class A3 Fixed Rate Notes for the
      interest period was set at 9.820% - Total interest of
      R7 598 796.71
  •   Interest on the Class A4 Floating Rate Notes for the
      interest period was set at 8.415% - Total interest of
      R6 108 598.36
  •   Interest on the Class A5 Floating Rate Notes for the
      interest period was set at 8.615% - Total interest of
      R17 371 616.44
  •   Interest on the Class A7 Floating Rate Notes for the
      interest period was set at 8.327% - Total interest of
      R1 846 997.04
  •   Interest on the   Class A8 Floating Rate Notes for the
      interest period   was set at 8.427% - Total interest of
      R10 620 328.77
  •   Interest on the   Class B1 Floating Rate Notes for the
      interest period   was set at 8.895% - Total interest of
      R1 098 593.42
  •   Interest on the   Class B2 Floating Rate Notes for the
      interest period   was set at 8.815% - Total interest of
      R844 307.95
  •   Interest on the   Class B3 Floating Rate Notes for the
      interest period   was set at 8.717% - Total interest of
      R966 751.12
  •   Interest on the   Class C1 Floating Rate Notes for the
      interest period   was set at 9.365% - Total interest of
      R1 038 616.99
  •   Interest on the   Class C2 Floating Rate Notes for the
      interest period   was set at 9.225% - Total interest of
      R581 301.37
  •   Interest on the   Class C3 Floating Rate Notes for the
      interest period   was set at 9.117% - Total interest of
      R551 516.05
  •   Interest on the   Class D1 Floating Rate Notes for the
      interest period   was set at 12.275% - Total interest of
      R1 299 468.49
  •   Interest on the   Class D2 Floating Rate Notes for the
      interest period   was set at 11.775% - Total interest of
      R801 345.21
  •   Interest on the   Class D3 Floating Rate Notes for the
      interest period   was set at 11.247% - Total interest of
      R680 366.47

*Fixed note interest is paid semi-annually.

27 November 2018

Debt Sponsor
The Standard Bank of South Africa Limited

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