THE THEKWINI WAREHOUSING CONDUIT (RF) LIMITED - New financial instrument listing - TWC247

Release Date: 17/08/2017 14:30
Code(s): TWC247
Wrap Text
New financial instrument listing - TWC247

The Thekwini Warehousing Conduit (RF) Limited

Stock Code: TWC247
ISIN Code: ZAG000146044
Dated: 17 August 2017

New Financial Instrument Listing Announcement

The JSE Limited has granted a listing to The Thekwini Warehousing Conduit (RF) Limited “TWC247” Fixed
Rate Notes due 14 November 2017 and issued by The Thekwini Warehousing Conduit (RF) Limited in terms of
its Programme Memorandum dated 1 February 2013.

Authorised Programme size                 ZAR 6 000 000 000
Total notes issued (incl. this issue)     ZAR 2 880 000 000

Full Note details are as follows:

Designation of Note:                      TWC247
Nominal Issued:                           ZAR 312,000,000
Issue Date                                18 August 2017
Coupon Rate:                              7.558% (3m Jibar as at 17 August 2017 plus margin of 50bps)
Coupon Indicator:                         Fixed
Maturity Date:                            14 November 2017
Interest Payment Date(s):                 14 November 2017
Books Close:                              07 November 2017
Business Day Convention:                  Following Business Day
Last day to register:                     By 17:00 on 06 November 2017
Interest Comencement Date:                18 August 2017
Settlement Date:                          18 August 2017
Rating:                          by Moody's Investors Services
Placement Agent:                          The Standard Bank of South
                                          Africa Limited, acting
                                          through its Corporate and
                                          Investment Banking division
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.

Further information on the Note issued please contact:
Ed Hoyle                    The Standard Bank of South Africa Limited (Sponsor)
                            Tel: (011) 721 6653

Date: 17/08/2017 02:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Email this JSE Sens Item to a Friend.

Share This Story