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New Financial Instrument Listing Announcement
The Thekwini Warehousing Conduit (RF) Limited
Issuer Code: BITT
Stock Codes: TWC516
ISIN Code: ZAG000220203
Date: 17 November 2025
New Financial Instrument Listing Announcement
Authorised Programme size ZAR 6 000 000 000
Total notes issued (incl. this issue) ZAR 2 560 000 000
Total notes issued (excl. this issue) ZAR 2 299 420 000
Full Note details are as follows:
Designation of Note: TWC516
Nominal Issued: ZAR 260 580 000
Issue Date 18 November 2025
Issue Price: 7.168% (3m Jibar as at 14 November 2025 plus margin of 26bps)
Coupon Indicator: Fixed
Issue Price: 100%
Maturity Date: 17 February 2026
Interest Payment Date(s): 17 February 2026
Books Close: 12 February 2026
Business Day Convention: Following Business Day
Last day to register: By 17:00 on 11 February 2026
Interest Commencement Date: 18 November 2025
Rating: P-1.za by Moody's Investors Services
Guarantee/ Credit Enhancement The Issuer's obligations under the TWC516 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
Debt 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.
For further information on the Notes issued please contact the Debt Sponsor.
Date: 17-11-2025 02:57:00
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