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TKWI16-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 22 May
2023 to, but excluding, 21 August 2023, the interest rates for
The Thekwini Fund 16 (RF) Limited Notes will be as follows:
• 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 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 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 976 559 251.00 Class A10 Secured Floating Rate Notes
due 21 August 2054 (the Class A Notes)
(ISIN No. ZAG000188699; JSE Bond Code T16A10)
• 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 22 May 2023 to, but
excluding, 21 August 2023) based on JIBAR for 3-month Rand
deposits for the floating rate Notes, was fixed at 8.108% on
22 May 2023.
• Interest on the Class A2 Floating Rate Notes for the
interest period was set at 9.558%
• Interest on the Class A3 Fixed Rate Notes for the
interest period was set at 8.490%
• Interest on the Class A5 Floating Rate Notes for the
interest period was set at 9.608%
• Interest on the Class A8 Floating Rate Notes for the
interest period was set at 9.578%
• Interest on the Class A9 Fixed Rate Notes for the
interest period was set at 5.760%
• Interest on the Class A10 Floating Rate Notes for the
interest period was set at 9.358%
• Interest on the Class B1 Floating Rate Notes for the
interest period was set at 9.798%
• Interest on the Class B2 Floating Rate Notes for the
interest period was set at 10.158%
• Interest on the Class B3 Floating Rate Notes for the
interest period was set at 10.178%
• Interest on the Class C1 Floating Rate Notes for the
interest period was set at 10.108%
• Interest on the Class C2 Floating Rate Notes for the
interest period was set at 10.588%
• Interest on the Class C3 Floating Rate Notes for the
interest period was set at 10.458%
• Interest on the Class D1 Floating Rate Notes for the
interest period was set at 12.258%
• Interest on the Class D2 Floating Rate Notes for the
interest period was set at 13.108%
• Interest on the Class D3 Floating Rate Notes for the
interest period was set at 12.608%
22 May 2023
Debt Sponsor
The Standard Bank of South Africa Limited
Date: 22-05-2023 03:19:00
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