New Financial Instrument Listing Announcement - “SBCN02”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SBCN02”
Stock Code: SBCN02
ISIN Code: ZAE000288536
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBCN02 Credit Linked Note due 05 July
2021 - sponsored by The Standard Bank of South Africa Limited
(acting through its Corporate and Investment Banking
Division)(“the Issuer”) under its Structured Note Programme
(“the Programme”)which can be found on the Issuer’s website.
Authorised Programme size ZAR60,000,000,000
Total notes issued
(including current issue) ZAR47,814,410,265.93
Full Note details are as follows:
Issue Date: 03 July 2020
Nominal Issued: ZAR20,000,000
Redemption Basis: Credit Linked
Issue Price: 400 000 ZA cents per Note
Maturity Date: 05 July 2021.
Business Day Convention: Following Business Day
Convention
Record Date: The Friday or, if such
Friday is a public holiday,
the last trading day of the
week, immediately preceding
an Interest Payment Date or
the Maturity Date, as the
case may be. It is hereby
recorded that payments of
interest and the Final
Redemption Amount will be
made on the Interest Payment
Dates and Maturity Date, as
contemplated in paragraphs
35(a) and 18, respectively.
Placement Agent: The Standard Bank of South
Africa Limited
Additional Terms and Conditions: Investors should study the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific Note issuance.
Notes will be deposited in the Central Securities Depository
(“CSD”) and settlement will take place electronically in terms
of JSE Rules.
Dated: 02 July 2020
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: 02-07-2020 10:21:00
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