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Thu 11 Aug 2016, 12:56 THE THEKWINI FUND 11 (RF) LIMITED - Fitch Affirms and Withdraws The Thekwini Fund 11 (RF) Ltd Ratings
TH11A3 TH11A6 TH11A1 TH11A2 TH11A4 TH11A5 TH11A7 TH11A8 TH11B1 TH11B2 TH11B3 TH11C1 TH11C2 TH11C3 TH11D1 TH11D2 TH11D3 201608110036A
Fitch Affirms and Withdraws The Thekwini Fund 11 (RF) Ltd Ratings

The Thekwini Fund 11 (RF) Ltd

(Incorporated with limited liability in the Republic of South Africa)

Registration number 2013/020930/06)

(“Thekwini 11”) or (“the Company”)

Fitch Affirms and Withdraws The Thekwini Fund 11 (RF) Ltd Ratings

Holders are advised that Fitch Ratings has affirmed it’s previously published
ratings in respect of notes issued by the Company and has subsequently
withdrawn such ratings.

Holders are further reminded that all notes issued by Thekwini 11 are now
rated by the newly appointed Global Credit Rating Co. Ratings thereof may be
viewed on the below link:

https://globalratings.net/news/article/the-thekwini-fund-11-rf-limited-ndash-
new-ratings-accorded


Johannesburg
11 August 2016

Debt Sponsor
The Standard Bank of South Africa Limited

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