THE THEKWINI FUND 18 (RF) LIMITED - The Thekwini Fund 18 (RF) Limited Interest rate reset

The Thekwini Fund 18 (RF) Limited Interest rate reset

 The Thekwini Fund 18 (RF) Limited
 (incorporated with limited liability in the Republic of South
 Africa)
 (Registration number: 2015/327 767/06)
Issuer Code: TKWI18

The Thekwini Fund 18 (RF) Limited Interest rate reset

Please note, for the interest period from and including 21 November 2024 to, but excluding, 21 February 2025, 
the interest rates for The Thekwini Fund 18 (RF) Limited Notes will be as follows:

  •   R 224 681 258.00 Class OM4 Secured Floating Rate Notes due 21 August 2025 (the Class Omega Notes)
      (ISIN No. ZAG000207762; JSE Bond Code TH18O4)
  •   R 452 000 000.00 Class A11 Secured Floating Rate Notes due 21 August 2057 (the Class A Notes)
      (ISIN No. ZAG000190323; JSE Bond Code T18A11)
  •   R 733 000 000.00 Class A21 Secured Floating Rate Notes due 21 August 2057 (the Class A Notes)
      (ISIN No. ZAG000190364; JSE Bond Code T18A21)
  •   R 334 000 000.00 Class A12 Secured Floating Rate Notes due 21 August 2057 (the Class A Notes)
      (ISIN No. ZAG000191677; JSE Bond Code T18A12)
  •   R 485 000 000.00 Class A22 Secured Floating Rate Notes due 21 August 2057 (the Class A Notes)
      (ISIN No. ZAG000191693; JSE Bond Code T18A22)
  •   R 500 000 000.00 Class A32 Secured Fixed Rate Notes due 21 August 2057 (the Class A Notes)
      (ISIN No. ZAG000191735; JSE Bond Code T18A32)
  •   R 237 000 000.00 Class A13 Secured Floating Rate Notes due 21 August 2057 (the Class A Notes)
      (ISIN No. ZAG000197161; JSE Bond Code T18A13)
  •   R 325 000 000.00 Class A23 Secured Floating Rate Notes due 21 August 2057 (the Class A Notes)
      (ISIN No. ZAG000197302; JSE Bond Code T18A23)
  •   R 100 000 000.00 Class A33 Secured Fixed Rate Notes due 21 August 2057 (the Class A Notes)
      (ISIN No. ZAG000197336; JSE Bond Code T18A33)
  •   R 80 000 000.00 Class B1 Secured Floating Rate Notes due 21 August 2057 (the Class B Notes)
      (ISIN No. ZAG000190380; JSE Bond Code TH18B1)
  •   R 89 000 000.00 Class B2 Secured Floating Rate Notes due 21 August 2057 (the Class B Notes)
      (ISIN No. ZAG000191727; JSE Bond Code TH18B2)
  •   R 45 000 000.00 Class B3 Secured Floating Rate Notes due 21 August 2057 (the Class B Notes)
      (ISIN No. ZAG000197344; JSE Bond Code TH18B3)
•   R 60 000 000.00 Class C1 Secured Floating Rate Notes due 21 August 2057 (the Class C Notes)
    (ISIN No. ZAG000190398; JSE Bond Code TH18C1)
•   R 67 000 000.00 Class C2 Secured Floating Rate Notes due 21 August 2057 (the Class C Notes)
    (ISIN No. ZAG000191701; JSE Bond Code TH18C2)
•   R 34 000 000.00 Class C3 Secured Floating Rate Notes due 21 August 2057 (the Class C Notes)
    (ISIN No. ZAG000197328; JSE Bond Code TH18C3)
•   R 55 000 000.00 Class D1 Secured Floating Rate Notes due 21 August 2057 (the Class D Notes)
    (ISIN No. ZAG000190414; JSE Bond Code TH18D1)
•   R 61 000 000.00 Class D2 Secured Floating Rate Notes due 21 August 2057 (the Class D Notes)
    (ISIN No. ZAG000191685; JSE Bond Code TH18D2)
•   R 31 000 000.00 Class D3 Secured Floating Rate Notes due 21 August 2057 (the Class D Notes)
    (ISIN No. ZAG000197310; JSE Bond Code TH18D3)

(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 November 2024 to, but excluding, 21 February 2025)
based on JIBAR for 3-month Rand deposits for the floating rate Notes, was fixed at 7.875% on 21 November 2024.

•   Interest   on the   Class OM4 Floating Rate Notes for the interest period was set at 8.665%
•   Interest   on the   Class A11 Floating Rate Notes for the interest period was set at 9.145%
•   Interest   on the   Class A21 Floating Rate Notes for the interest period was set at 9.375%
•   Interest   on the   Class A12 Floating Rate Notes for the interest period was set at 9.175%
•   Interest   on the   Class A22 Floating Rate Notes for the interest period was set at 9.325%
•   Interest   on the   Class A32 Fixed Rate Notes for the interest period was set at 9.450%
•   Interest   on the   Class A13 Floating Rate Notes for the interest period was set at 9.115%
•   Interest   on the   Class A23 Floating Rate Notes for the interest period was set at 9.325%
•   Interest   on the   Class A33 Fixed Rate Notes for the interest period was set at 9.615%
•   Interest   on the   Class B1 Floating Rate Notes for the interest period was set at 9.575%
  •   Interest   on the   Class B2 Floating Rate Notes for the interest period was set at 9.525%
  •   Interest   on the   Class B3 Floating Rate Notes for the interest period was set at 9.575%
  •   Interest   on the   Class C1 Floating Rate Notes for the interest period was set at 10.275%
  •   Interest   on the   Class C2 Floating Rate Notes for the interest period was set at 10.075%
  •   Interest   on the   Class C3 Floating Rate Notes for the interest period was set at 9.875%
  •   Interest   on the   Class D1 Floating Rate Notes for the interest period was set at 11.275%
  •   Interest   on the   Class D2 Floating Rate Notes for the interest period was set at 11.075%
  •   Interest   on the   Class D3 Floating Rate Notes for the interest period was set at 10.775%

21 November 2024

Debt Sponsor
The Standard Bank of South Africa Limited

Date: 21-11-2024 05:30:00
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