THE THEKWINI FUND 17 (RF) LIMITED - Credit Rating Upgrade

Credit Rating Upgrade

The Thekwini Fund 17 (RF) Limited
(“Thekwini 17”)
Credit Rating Upgrade of Class C Notes

Dated: 23 November 2021
Stock Codes: TH17C1 and TH17C2
ISIN Codes: ZAG000174905 and ZAG000181454

On 22 November 2021, Moody’s Investor Services upgraded its credit
rating of the Class C Notes from B1(sf)/A3.za to Ba3 (sf)/ A2.za.
Further detail in this regard can be retrieved through the following
link - https://www.moodys.com/credit-ratings/The-Thekwini-Fund-17-
RF-Limited-credit-rating-767454354.


Date:                          23 November 2021
Sponsor:                       The Standard Bank of South Africa
                               Limited

For further information on the Notes issued please contact:
Nicholas Gunning Standard Bank (Sponsor) (011) 721 7112
Email: nicholas.gunning@standardbank.co.za

Date: 23-11-2021 11:14:00
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