New Financial Instrument Listing Announcement - “CLN900”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN900”
Stock Code: CLN900
ISIN Code: ZAG000191263
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN900 Senior Unsecured Credit Linked
Notes due 31 March 2036- sponsored by The Standard Bank of South
Africa Limited, under its Structured Note Programme.
Authorised Programme size ZAR80,000,000,000
Total notes issued
(including current issue) ZAR69,909,086,247.61
Full Note details are as follows:
Issue Date: 25 October 2022
Nominal Issued: ZAR55,000,000
Coupon Rate: 6.25% per annum payable
semi-annually in arrears, as
per the Applicable Pricing
Supplement
Coupon Indicator: Fixed
Interest Determination Dates: Not Applicable
Trade Type: Price
Issue Price: 64.36711%
Maturity Date: 31 March 2036
Interest Commencement Date: 30 September 2022
First Interest Payment Date: 31 March 2023
Interest Payment Dates: Each 31 March and 30
September of each year until
the Maturity Date
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Optional Redemption Dates: 30 September 2024, 30
September 2026, 30 September
2028, 30 September 2029, 30
September 2031, 30 September
2033, and 30 September 2035
Books Close: From each 21 March and 20
September, until the
applicable Interest Payment
Date
Last day to register: By: 17h00 on 20 March and 19
September of each year, or
if such day is not a Business
Day, the Business Day before
each Books Closed Period
Placement Agent: The Standard Bank of South
Africa Limited
Debt Security subject
to guarantee; security
or credit enhancement: Not Applicable
Additional Terms and Conditions: Investors should study the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific issuance.
Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Dated 24 October 2022
Sponsor – The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Johann Erasmus SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za
Date: 24-10-2022 08:22:00
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