THE THEKWINI WAREHOUSING CONDUIT (RF) LIMITED - TWC448 Senior Fixed Rate Note issued

TWC448 Senior Fixed Rate Note issued

The Thekwini Warehousing Conduit (RF) Limited

Stock Code: TWC448
ISIN Code: ZAG000197351
Dated: 29 June 2023

New Financial Instrument Listing Announcement

The JSE Limited has granted a listing to The Thekwini Warehousing Conduit (RF) Limited “TWC448”
Fixed Rate Notes due 16 October 2023 issued by The Thekwini Warehousing Conduit (RF) Limited in
terms of its Programme Memorandum dated 19 May 2023.



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:                       TWC448
Nominal Issued:                            ZAR 224 000 000
Issue Date                                 30 June 2023
Issue Price:                               9.042% (3m Jibar as at 28 June 2023 plus margin of 55bps)
Coupon Indicator:                          Fixed
Issue Price:                               100%
Maturity Date:                             16 October 2023
Interest Payment Date(s):                  16 October 2023
Books Close:                               11 October 2023
Business Day Convention:                   Following Business Day
Last day to register:                      By 17:00 on 10 October 2023
Interest Commencement Date:                30 June 2023
Settlement Date:                           30 June 2023
Rating:                                    P-1.za 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

Other Provisions:                          As set out in the applicable pricing
                                           supplement for further information with regards to the
                                           Home Loan Pool please refer to
                                           http://www.sahomeloans.com/investors


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:
Megan Kriel                  The Standard Bank of South Africa Limited (Sponsor)
                             Tel: (011) 631 4905
                             Email: megan.kriel@standardbank.co.za

Date: 29-06-2023 09:13:00
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