THE THEKWINI FUND 17 (RF) LIMITED - T17A14 Floating Rate Note Issued

T17A14 Floating Rate Note Issued

The Thekwini Fund 17 (RF) Limited
("Thekwini 17")
New Financial Instrument Listing Announcement

Dated: 19 February 2024
Stock Codes: T17A14
ISIN Codes: ZAG000202896

The JSE Limited has granted Thekwini 17 the listing of its "T17A14"
Floating Rate Notes due 21 February 2056 (Step up and call date 21
February 2026) and issued in terms of its ZAR5,000,000,000 Asset
Backed Note Programme dated on or about 11 March 2021.

Total notes outstanding (excl. this issue) ZAR3,322,000,000

Full Note details are as follows:

Designation of Note:           Class A1 Note
Nominal Issued:                ZAR1,215,000,000
Coupon Rate:                   9.607% (being 124 bps over 3 month
                               JIBAR of 8.367%)
Coupon Step-Up Rate:           161 bps over 3 month JIBAR
Coupon Indicator:              Floating
Final Redemption Date:         21 February 2056
First Interest Payment Date:   21 May 2024
Coupon Step-Up Date:           21 February 2026
Interest Payment Dates:        21st February, 21st May, 21st August
                               and 21st November of each year
Books Close:                   17th February, 17th May, 17th August
                               and 17th November of each year
Last day to register:          By 17:00 on 16th February, 16th May,
                               16th August and 16th November of each
                               year
Interest Commencement Date:    21 February 2024
Settlement Date:               21 February 2024
Rating:                        Aaa.za (sf) by Moody's Investors
                               Service
Placement Agent:               The Standard Bank of South Africa
                               Limited


Sponsor:                       The Standard Bank of South Africa
                               Limited

Notes will be deposited in the Central Depository ("CSD") and
settlement will take place electronically in terms of JSE Rules.

For further information on the Notes issued please contact:
Megan Kriel Standard Bank (Sponsor) (011) 631 4905
Email: megan.kriel@standardbank.co.za

Date: 20-02-2024 09:15:00
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