THE THEKWINI FUND 16 (RF) LIMITED - The Thekwini Fund 16 (RF) Limited Interest Rate Reset

The Thekwini Fund 16 (RF) Limited Interest Rate Reset

The Thekwini Fund 16 (RF) Limited
(incorporated with limited liability in the Republic of South
Africa)
(Registration number: 2018/418593/06)
Issuer Code: TKWI16

The Thekwini Fund 16 (RF) Limited Interest rate reset

Please note, for the interest period from and including 21
February 2022 to, but excluding, 23 May 2022, the interest
rates for The Thekwini Fund 16 (RF) Limited Notes will be as
follows:

  •   R 119 551 818.00 Class OM4 Secured Floating Rate Notes
      due 21 August 2022 (the Class Omega Notes) (ISIN No.
      ZAG000178898; JSE Bond Code T16OM4)

  •   R 464 000 000.00 Class A1 Secured Floating Rate Notes due
      21 August 2054 (the Class A Notes) (ISIN No.
      ZAG000161662; JSE Bond Code TH16A1)

  •   R 1 002 000 000.00 Class A2 Secured Floating Rate Notes
      due 21 August 2054 (the Class A Notes) (ISIN No.
      ZAG000161670; JSE Bond Code TH16A2)

  •   R 124 000 000.00 Class A3 Secured Fixed Rate Notes due 21
      August 2054 (the Class A Notes) (ISIN No. ZAG000161688;
      JSE Bond Code TH16A3)

  •   R 695 000 000.00 Class A4 Secured Floating Rate Notes due
      21 August 2054 (the Class A Notes) (ISIN No.
      ZAG000170036; JSE Bond Code TH16A4)

  •   R 361 000 000.00 Class A5 Secured Floating Rate Notes due
      21 August 2054 (the Class A Notes) (ISIN No.
      ZAG000170044; JSE Bond Code TH16A5)

  •   R 159 000 000.00 Class A7 Secured Floating Rate Notes due
      21 August 2054 (the Class A Notes) (ISIN No.
      ZAG000172487; JSE Bond Code TH16A7)

  •   R 366 000 000.00 Class A8 Secured Floating Rate Notes due
      21 August 2054 (the Class A Notes) (ISIN No.
      ZAG000172495; JSE Bond Code TH16A8)

  •   R 109 000 000.00 Class A9 Secured Fixed Rate Notes due 21
      August 2054 (the Class A Notes) (ISIN No. ZAG000172511;
      JSE Bond Code TH16A9)
  •   R 70 000 000.00 Class B1 Secured Floating Rate Notes due
      21 August 2054 (the Class B Notes) (ISIN No.
      ZAG000161696; JSE Bond Code TH16B1)

  •   R 45 000 000.00 Class B2 Secured Floating Rate Notes due
      21 August 2054 (the Class B Notes) (ISIN No.
      ZAG000170051; JSE Bond Code TH16B2)

  •   R 26 000 000.00 Class B3 Secured Floating Rate Notes due
      21 August 2054 (the Class B Notes) (ISIN No.
      ZAG000172537; JSE Bond Code TH16B3)

  •   R 52 000 000.00 Class C1 Secured Floating Rate Notes due
      21 August 2054 (the Class C Notes) (ISIN No.
      ZAG000161704; JSE Bond Code TH16C1)

  •   R 33 000 000.00 Class C2 Secured Floating Rate Notes due
      21 August 2054 (the Class C Notes) (ISIN No.
      ZAG000170069; JSE Bond Code TH16C2)

  •   R 19 000 000.00 Class C3 Secured Floating Rate Notes due
      21 August 2054 (the Class C Notes) (ISIN No.
      ZAG000172552; JSE Bond Code TH16C3)

  •   R 48 000 000.00 Class D1 Secured Floating Rate Notes due
      21 August 2054 (the Class D Notes) (ISIN No.
      ZAG000161712; JSE Bond Code TH16D1)

  •   R 44 000 000.00 Class D2 Secured Floating Rate Notes due
      21 August 2054 (the Class D Notes) (ISIN No.
      ZAG000170077; JSE Bond Code TH16D2)

  •   R 21 000 000.00 Class D3 Secured Floating Rate Notes due
      21 August 2054 (the Class D Notes) (ISIN No.
      ZAG000172560; JSE Bond Code TH16D3)

(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 21 February 2022 to,
but excluding, 23 May 2022) based on JIBAR for 3-month Rand
deposits for the floating rate Notes, was fixed at 4.192% on
21 February 2022.
   • Interest on the Class OM4 Floating Rate Notes for the
     interest period was set at 4.942%

  •   Interest on the Class A1 Floating Rate Notes for the
      interest period was set at 5.452%
•   Interest on the Class A2 Floating Rate Notes for the
    interest period was set at 5.642%

•   Interest on the Class A3 Fixed Rate Notes for the
    interest period was set at 8.490%

•   Interest on the Class A4 Floating Rate Notes for the
    interest period was set at 5.682%

•   Interest on the Class A5 Floating Rate Notes for the
    interest period was set at 5.692%

•   Interest on the Class A7 Floating Rate Notes for the
    interest period was set at 5.442%

•   Interest on the Class A8 Floating Rate Notes for the
    interest period was set at 5.662%

•   Interest on the Class A9 Fixed Rate Notes for the
    interest period was set at 5.760%

•   Interest on the Class B1 Floating Rate Notes for the
    interest period was set at 5.882%

•   Interest on the Class B2 Floating Rate Notes for the
    interest period was set at 6.242%

•   Interest on the Class B3 Floating Rate Notes for the
    interest period was set at 6.262%

•   Interest on the Class C1 Floating Rate Notes for the
    interest period was set at 6.192%

•   Interest on the Class C2 Floating Rate Notes for the
    interest period was set at 6.672%

•   Interest on the Class C3 Floating Rate Notes for the
    interest period was set at 6.542%

•   Interest on the Class D1 Floating Rate Notes for the
    interest period was set at 8.342%

•   Interest on the Class D2 Floating Rate Notes for the
    interest period was set at 9.192%

•   Interest on the Class D3 Floating Rate Notes for the
    interest period was set at 8.692%
21 February 2022

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 21-02-2022 05:05:00
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