THE THEKWINI FUND 14 (RF) LIMITED - Notice Of Redemption By The Issuer On 22 November 2021 Of Each Of The Class Notes - TKWI14

Notice Of Redemption By The Issuer On 22 November 2021 Of Each Of The Class Notes - TKWI14

The Thekwini Fund 14 (RF) Limited
(incorporated with limited liability in the Republic of South
Africa)
(Registration number: 2015/327767/06)

Instrument   Code:   TH14A3   ISIN:   ZAG000140450
Instrument   Code:   TH14A4   ISIN:   ZAG000140468
Instrument   Code:   TH14A7   ISIN:   ZAG000141953
Instrument   Code:   TH14A8   ISIN:   ZAG000141961
Instrument   Code:   T14A11   ISIN:   ZAG000143835
Instrument   Code:   T14A12   ISIN:   ZAG000143843
Instrument   Code:   TH14B1   ISIN:   ZAG000140476
Instrument   Code:   TH14B2   ISIN:   ZAG000141979
Instrument   Code:   TH14B3   ISIN:   ZAG000143850
Instrument   Code:   TH14C1   ISIN:   ZAG000140484
Instrument   Code:   TH14C2   ISIN:   ZAG000141987
Instrument   Code:   TH14C3   ISIN:   ZAG000143868
Instrument   Code:   TH14D1   ISIN:   ZAG000140492
Instrument   Code:   TH14D2   ISIN:   ZAG000141995
Instrument   Code:   TH14D3   ISIN:   ZAG000143876

NOTICE OF REDEMPTION BY THE ISSUER ON 22 NOVEMBER 2021 OF EACH
OF THE CLASS A NOTES, THE CLASS B NOTES, THE CLASS C NOTES AND
THE   CLASS  D   NOTES   ISSUED  BY   THE  ISSUER   UNDER  THE
ZAR4,000,000,000 ASSET BACKED NOTE PROGRAMME OF THE ISSUER

Notice is hereby given that the Issuer shall, on 21 November
2021, redeem the Outstanding Principal Amount under:

    •   R 250,000,000.00 Class A3 Secured Floating Rate Notes
        due 21 November 2051 (the Class A Notes) (ISIN No.
        ZAG000140450; Bond Exchange Listing Code TH14A3)
    •   R 112,000,000.00 Class A4 Secured Fixed Rate Notes due
        21 November 2051 (the Class A Notes) (ISIN No.
        ZAG000140468; Bond Exchange Listing Code TH14A4)
    •   R 798,000,000.00 Class A7 Secured Floating Rate Notes
        due 21 November 2051 (the Class A Notes) (ISIN No.
        ZAG000141953; Bond Exchange Listing Code TH14A7)
    •   R 270,000,000.00 Class A8 Secured Fixed Rate Notes due
        21 November 2051 (the Class A Notes) (ISIN No.
        ZAG000141961; Bond Exchange Listing Code TH14A8)
    •   R 306,000,000.00 Class A11 Secured Floating Rate Notes
        due 21 November 2051 (the Class A Notes) (ISIN No.
        ZAG000143835; Bond Exchange Listing Code T14A11)
    •   R 108,000,000.00 Class A12 Secured Floating Rate Notes
        due 21 November 2051 (the Class A Notes) (ISIN No.
        ZAG000143843; Bond Exchange Listing Code T14A12)
    •   R 42,000,000.00 Class B1 Secured Floating Rate Notes
        due 21 November 2051 (the Class B Notes) (ISIN No.
        ZAG000140476; Bond Exchange Listing Code TH14B1)
    •   R 56,000,000.00 Class B2 Secured Floating Rate Notes
        due 21 November 2051 (the Class B Notes) (ISIN No.
        ZAG000141979; Bond Exchange Listing Code TH14B2)
    •   R 35,000,000.00 Class B3 Secured Floating Rate Notes
        due 21 November 2051 (the Class B Notes) (ISIN No.
        ZAG000143850; Bond Exchange Listing Code TH14B3)
    •   R 52,000,000.00 Class C1 Secured Floating Rate Notes
        due 21 November 2051 (the Class C Notes) (ISIN No.
        ZAG000140484; Bond Exchange Listing Code TH14C1)
    •   R 21,000,000.00 Class C2 Secured Floating Rate Notes
        due 21 November 2051 (the Class C Notes) (ISIN No.
        ZAG000141987; Bond Exchange Listing Code TH14C2)
    •   R 27,000,000.00 Class C3 Secured Floating Rate Notes
        due 21 November 2051 (the Class C Notes) (ISIN No.
        ZAG000143868; Bond Exchange Listing Code TH14C3)
    •   R36,000,000.00 Class D1 Secured Floating Rate Notes due
        21 November 2051 (the Class D Notes) (ISIN No.
        ZAG000140492; Bond Exchange Listing Code TH14D1)
    •   R31,000,000.00 Class D2 Secured Floating Rate Notes due
        21 November 2051 (the Class D Notes) (ISIN No.
        ZAG000141995; Bond Exchange Listing Code TH14D2)
    •   R24,000,000.00 Class D3 Secured Floating Rate Notes due
        21 November 2051 (the Class D Notes) (ISIN No.
        ZAG000143876; Bond Exchange Listing Code TH14D3)

(collectively, the "Notes"), which Notes were issued under the
Issuer's   ZAR4,000,000,000   asset  backed   note   programme
established in terms of a programme memorandum dated on or
about 14 November 2016 and amended, novated from time to time
("Programme Memorandum").

The Coupon Step-Up Date of each of the Class A Notes, the
Class B Notes, the Class C Notes and the Class D Notes
respectively, is 21 November 2021 and the Notes shall be
redeemed on 22 November 2021 (being the first business day
following the Coupon Step-Up Date).

Capitalised terms and expressions used in this notice, and not
otherwise defined herein, shall have the meanings assigned to
such terms and expressions in the Programme Memorandum.

Johannesburg
5 November 2021


Debt Sponsor
The Standard Bank of South Africa Limited

Date: 05-11-2021 10:50:00
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