| Tue 12 Jul 2011, 12:54 | | BIFUN9 - The Thekwini Fund 9 (Pty) Ltd - New Financial instrument listing |
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JSE
BIFUN9
BIFUN9 - The Thekwini Fund 9 (Pty) Ltd - New Financial instrument listing
Rich Rewards Trading 667 (Proprietary) Limited (to be called "The Thekwini Fund
9 (Proprietary) Limited") - New Financial Instrument Listing Announcement
Rich Rewards Trading 667 (Proprietary) Limited (to be called "The Thekwini Fund
9 (Proprietary) Limited") - THE9A1, THE9A2, THE9A3, THE9B1, THE9C1, THE9D1
Dated: 12 July 2011
Stock Code: THE9A1, THE9A2, THE9A3, THE9B1, THE9C1, THE9D1
ISIN Code: ZAG000087131, ZAG000087149, ZAG000087156, ZAG000087107,
ZAG000087115, ZAG000087123
The JSE Limited has granted a listing to Rich Rewards Trading 667 (Proprietary)
Limited (to be called "The Thekwini Fund 9 (Proprietary) Limited") Floating Rate
Notes due 18 July 2039 - sponsored by The Standard Bank of South Africa Limited
(acting through its Corporate and Investment Banking Division), under its Asset
Backed Note Programme.
Authorised Programme size R4,000,000,000.00
Total notes issued R1,600,000,000.00
Full Note details are as follows:
Designation of Note: Class A1 Note
Nominal Issued: ZAR 370,000,000.00
Coupon Rate: 6.785% (being 121 bps over 3 month JIBAR
of 5.575%)
Coupon Step-Up Rate: 121 bps over 3 month JIBAR
Coupon Indicator: Floating
Trade Type: Yield
Maturity Date: 18 July 2039
First Interest Payment Date: 18 October 2011
Coupon Step-Up Date: 18 July 2016
Interest Payment Dates: each 18 January, 18 April, 18 July
and 18 October
Books Close: each 14 January, 14 April, 14 July and
14 October
Last day to register: By 17:00h on 13 January, 13 April,
13 July and 13 October of each year
Interest Commencement Date: 12 July 2011
Settlement Date: 12 July 2011
Rating: Aaa.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa Limited
Designation of Note: Class A2 Note
Nominal Issued: ZAR 252,000,000.00
Coupon Rate: 6.925% (being 135 bps over 3 month JIBAR
f 5.575%)
Coupon Step-Up Rate: 175 bps over 3 month JIBAR
Coupon Indicator: Floating
Trade Type: Yield
Maturity Date: 18 July 2039
First Interest Payment Date: 18 October 2011
Coupon Step-Up Date: 18 July 2016
Interest Payment Dates: each 18 January, 18 April, 18 July and
8 October
Books Close: each 14 January, 14 April, 14 July and
14 October
Last day to register: By 17:00h on 13 January, 13 April,
13 July and 13 October of each year
Interest Commencement Date: 12 July 2011
Settlement Date: 12 July 2011
Rating: Aaa.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa Limited
Designation of Note: Class A3 Note
Nominal Issued: ZAR 816,000,000.00
Coupon Rate: 7.025% (being 145 bps over 3 month JIBAR
of 5.575%)
Coupon Step-Up Rate: 210 bps over 3 month JIBAR
Coupon Indicator: Floating
Trade Type: Yield
Maturity Date: 18 July 2039
First Interest Payment Date: 18 October 2011
Coupon Step-Up Date: 18 July 2016
Interest Payment Dates: each 18 January, 18 April, 18 July and
8 October
Books Close: each 14 January, 14 April, 14 July and
14 October
Last day to register: By 17:00h on 13 January, 13 April,
13 July and 13 October of each year
Interest Commencement Date: 12 July 2011
Settlement Date: 12 July 2011
Rating: Aaa.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa Limited
Designation of Note: Class B1 Note
Nominal Issued: ZAR 69,000,000.00
Coupon Rate: 7.575% (being 200 bps over 3 month JIBAR
of 5.575%)
Coupon Step-Up Rate: 300 bps over 3 month JIBAR
Coupon Indicator: Floating
Trade Type: Yield
Maturity Date: 18 July 2039
First Interest Payment Date: 18 October 2011
Coupon Step-Up Date: 18 July 2016
Interest Payment Dates: each 18 January, 18 April, 18 July and
18 October
Books Close: each 14 January, 14 April, 14 July and
14 October
Last day to register: By 17:00h on 13 January, 13 April,
13 July and 13 October of each year
Interest Commencement Date: 12 July 2011
Settlement Date: 12 July 2011
Rating: A2.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa Limited
Designation of Note: Class C1 Note
Nominal Issued: ZAR 73,500,000.00
Coupon Rate: 8.375% (being 280 bps over 3 month JIBAR
of 5.575%)
Coupon Step-Up Rate: 280 bps over 3 month JIBAR
Coupon Indicator: Floating
Trade Type: Yield
Maturity Date: 18 July 2039
First Interest Payment Date: 18 October 2011
Coupon Step-Up Date: 18 July 2016
Interest Payment Dates: each 18 January, 18 April, 18 July and
8 October
Books Close: each 14 January, 14 April, 14 July and
14 October
Last day to register: By 17:00h on 13 January, 13 April,
13 July and 13 October of each year
Interest Commencement Date: 12 July 2011
Settlement Date: 12 July 2011
Rating: Baa3.za(sf) by Moody`s Investor Services
Placement Agent: The Standard Bank of South Africa Limited
Designation of Note: Class D1 Note
Nominal Issued: ZAR 19,500,000.00
Coupon Rate: 12.325% (being 675 bps over 3 month JIBAR
of 5.575%)
Coupon Step-Up Rate: 675 bps over 3 month JIBAR
Coupon Indicator: Floating
Trade Type: Yield
Maturity Date: 18 July 2039
First Interest Payment Date: 18 October 2011
Coupon Step-Up Date: 18 July 2016
Interest Payment Dates: each 18 January, 18 April, 18 July and
18 October
Books Close: each 14 January, 14 April, 14 July and
14 October
Last day to register: By 17:00h on 13 January, 13 April,
13 July and 13 October of each year
Interest Commencement Date: 12 July 2011
Settlement Date: 12 July 2011
Rating: Not rated
Placement Agent: The Standard Bank of South Africa Limited
Date: 12 July 2011
Sponsor: Standard Bank
Notes will be deposited in the Central Depository ("CSD") and settlement will
take place electronically in terms of JSE Rules.
Further information on the Note issued please contact:
Mike Brunke SBSA (Sponsor) (011)378 8101
Email: mike.brunke@standardbank.co.za
Date: 12/07/2011 12:54:01 Produced by the JSE SENS Department.
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