TWC455 Senior Fixed Rate Note Issuance
The Thekwini Warehousing Conduit (RF) Limited
Stock Codes: TWC455
ISIN Code: ZAG000199100
Dated: 05 September 2023
New Financial Instrument Listing Announcement
The JSE Limited has granted a listing to The Thekwini Warehousing Conduit (RF) Limited “TWC455”
Fixed Rate Notes due 06 December 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 2 860 000 000
Full Note details are as follows:
Designation of Note: TWC455
Nominal Issued: ZAR 166 800 000
Issue Date 06 September 2023
Issue Price: 8,868% (3m Jibar as at 04 September 2023 plus margin of 51bps)
Coupon Indicator: Fixed
Issue Price: 100%
Maturity Date: 06 December 2023
Interest Payment Date(s): 06 December 2023
Books Close: 01 December 2023
Business Day Convention: Following Business Day
Last day to register: By 17:00 on 30 November 2023
Interest Commencement Date: 06 September 2023
Settlement Date: 06 September 2023
Rating: P-1.za by Moody's Investors Services
Guarantee/ Credit Enhancement The Issuer's obligations under the TWC455 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:
Chris Mparutsa The Standard Bank of South Africa Limited (Sponsor)
Tel: (+27 11 721 6553)
Email: christian.mparutsa@standardbank.co.za
Date: 05-09-2023 10:15:00
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