THE THEKWINI WAREHOUSING CONDUIT (RF) LIMITED - TWC475 Senior Fixed Rate Note issued

TWC475 Senior Fixed Rate Note issued

The Thekwini Warehousing Conduit (RF) Limited

Stock Codes: TWC475
ISIN Code: ZAG000205733
Dated: 22 May 2024

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:                       TWC475
Nominal Issued:                            ZAR 532 000 000
Issue Date                                 24 May 2024
Issue Price:                               8,872% (3m Jibar as at 22 May 2024 plus margin of 53bps)
Coupon Indicator:                          Fixed
Issue Price:                               100%
Maturity Date:                             23 August 2024
Interest Payment Date(s):                  23 August 2024
Books Close:                               17 August 2024
Business Day Convention:                   Following Business Day
Last day to register:                      By 17:00 on 16 August 2024
Interest Commencement Date:                24 May 2024
Settlement Date:                           24 May 2024
Rating:                                    P-1.za by Moody's Investors Services
Guarantee/ Credit Enhancement              The Issuer's obligations under the TWC475 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) 11 631 4905
                             Email: megan.kriel@standardbank.co.za

Date: 22-05-2024 05:10:00
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