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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBC051?

Release Date: 09/07/2024 10:49
Code(s): SBC051     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SBC051”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - "SBC051"

Stock Code: SBC051
ISIN Code: ZAG000206830


The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC051 Floating Rate Listed Notes due 20
June 2028- sponsored by The Standard Bank of South Africa
Limited, under its Structured Note Programme.

Authorised Programme size           ZAR120,000,000,000
Total notes issued
(including current issue)           ZAR91,327,202,475.19

Full Note details are as follows:
Issue Date:                         10 July 2024
Nominal Issued:                     ZAR100,000,000

Coupon Rate:                        9.95%

Coupon Indicator:                   Fixed Rate


Interest Determination Dates:       Not Applicable


Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      20 June 2031
Interest Commencement Date:         Issue Date
First Interest Payment Date:        20 September 2024.

Interest Payment Dates:             Each 20 June and 20 December
                                    of each year until the
                                    Maturity Date, with the
                                    first Interest Payment Date
                                    being 20 December 2024, or,
                                    if such a day is not a
                                    Business Day, the Business
                                    Day on which the interest
                                    will be paid, as determined
                                    in accordance with the
                                    applicable Business Day
                                    Convention (as specified in
                                    this Applicable Pricing
                                    Supplement).
Business Day Count/Convention:     Actual/365(Fixed).

Books Close:                       The Books Closed Period
                                   (during which the Register
                                   will be closed) will be from
                                   each 15 June and 15
                                   December, until the
                                   applicable Interest Payment
                                   Date.

Last day to register:              17h00 on, 14 June and 14
                                   December of each year, or if
                                   such day is not a Business
                                   Day, the Business Day before
                                   each Books Closed Period
                                   until the Maturity Date.


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 09 July 2024
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: 09-07-2024 10:49:00
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