THE THEKWINI WAREHOUSING CONDUIT (RF) LIMITED - TWC451 Fixed Rate Note issued

TWC451 Fixed Rate Note issued

The Thekwini Warehousing Conduit (RF) Limited

Stock Code: TWC451
ISIN Code: ZAG000197732
Dated: 18 July 2023

New Financial Instrument Listing Announcement

The JSE Limited has granted a listing to The Thekwini Warehousing Conduit (RF) Limited “TWC451”
Fixed Rate Notes due 06 November 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:                       TWC451
Nominal Issued:                            ZAR 584 000 000
Issue Date                                 19 July 2023
Issue Price:                               9,05% (3m Jibar as at 17 July 2023 plus margin of 55bps)
Coupon Indicator:                          Fixed
Issue Price:                               100%
Maturity Date:                             06 November 2023
Interest Payment Date(s):                  06 November 2023
Books Close:                               01 November 2023
Business Day Convention:                   Following Business Day
Last day to register:                      By 17:00 on 31 October 2023
Interest Commencement Date:                19 July 2023
Settlement Date:                           19 July 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 item 38 of the applicable pricing
                                           supplement 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) 721 6553
                             Email: christian.mparutsa@standardbank.co.za

Date: 18-07-2023 10:15:00
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