THE THEKWINI WAREHOUSING CONDUIT (RF) LIMITED - TWC500 Senior Fixed Rate note issued

TWC500 Senior Fixed Rate note issued

The Thekwini Warehousing Conduit (RF) Limited
Stock Codes: TWC500
ISIN Code: ZAG000215153
Date: 6 May 2025

New Financial Instrument Listing Announcement

Authorised Programme size                  ZAR 6 000 000 000
Total notes issued (incl. this issue)      ZAR 2 860 000 000

Full Note details are as follows:

Designation of Note:                       TWC500
Nominal Issued:                            ZAR 401 000 000
Issue Date                                 8 May 2025
Issue Price:                               7.958% (3m Jibar as at 6 May 2025 plus margin of 45bps)
Coupon Indicator:                          Fixed
Issue Price:                               100%
Maturity Date:                             7 August 2025
Interest Payment Date(s):                  7 August 2025
Books Close:                               1 August 2025
Business Day Convention:                   Following Business Day
Last day to register:                      By 17:00 on 31 July 2025
Interest Commencement Date:                8 May 2025
Settlement Date:                           8 May 2025
Rating:                                    P-1.za by Moody's Investors Services
Guarantee/ Credit Enhancement              The Issuer's obligations under the TWC500 Fixed Rate Note is
                                           secured by a limited recourse guarantee issued by The Thekwini
                                           Warehousing Conduit Security SPV (RF) Pty Limited. For information
                                           regarding credit enhancement, please refer to the Programme
                                           Memorandum which can be found at the
                                           http://www.sahomeloans.com/investors


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 65 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: (+27) 11 415 6121
                             Email: megan.kriel@standardbank.co.za

Date: 06-05-2025 02:50:00
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