| Fri 20 Nov 2020, 9:46 | | New Instrument Listing -TH15A9 |
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New Instrument Listing -TH15A9
The Thekwini Fund 15 (RF) Limited
(“Thekwini 15”)
New Financial Instrument Listing Announcement
Dated: 20 November 2020
Stock Codes: TH15A9
ISIN Codes: ZAG000172479
The JSE Limited has granted Thekwini 15 the listing of its “TH15A9”
Floating Rate Notes due 21 November 2052 (Step up and call date 21
November 2022 and issued in terms of its ZAR4,000,000,000 Asset
Backed Note Programme dated on or about 29 November 2017.
Total notes outstanding (excl. this issue) ZAR 650,000,000
Full Note details are as follows:
Designation of Note: Class A9 Note
Nominal Issued: ZAR650,000,000
Coupon Rate: 4.532% (being 119bps over 3 month
JIBAR of 3.342%)
Coupon Step-Up Rate: 155bps over 3 month JIBAR
Coupon Indicator: Floating
Final Redemption Date: 21 November 2052
First Interest Payment Date: 21 February 2021
Coupon Step-Up Date: 21 November 2022
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: 23 November 2020
Settlement Date: 23 November 2020
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:
Nicholas Gunning Standard Bank (Sponsor) (011) 721 7112
Email: Nicholas.gunning@standardbank.co.za
Date: 20-11-2020 09:46:00
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