THE THEKWINI WAREHOUSING CONDUIT (RF) LIMITED - Fitch Affirms and Withdraws The Thekwini Warehousing Conduit (RF) Ltd Rating

Fitch Affirms and Withdraws The Thekwini Warehousing Conduit (RF) Ltd Rating

The Thekwini Warehousing Conduit (RF) Limited
(incorporated with limited liability in the Republic of South
Africa)
(Registration number: 2005/007 604/06)

Fitch Affirms and Withdraws The Thekwini Warehousing Conduit (RF) Ltd
Rating

Holders are advised that Fitch Ratings has affirmed it’s previously
published credit ratings in respect of the company and has subsequently
withdrawn such ratings.

Holders are further reminded that all senior notes issued and to be issued
by the company have been assigned a short term credit rating of ‘P-1.za
(sf)’ by Moodys Investor Services. The full rating report published by
Moodys on TWC may be viewed on the below link:

https://www.moodys.com/research/Moodys-Rates-Notes-Issued-by-The-Thekwini-
Warehousing-Conduit-RF--PR_350367



Johannesburg
11 August 2016

Debt Sponsor
The Standard Bank of South Africa Limited

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