To view the PDF file, sign up for a MySharenet subscription.

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

Release Date: 12/10/2021 11:10
Code(s): CLN774     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN774”

Stock Code: CLN774
ISIN Code: ZAG000180738

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN774 Senior Unsecured Floating Rate
Credit Linked Notes due 31 July 2028- 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)           ZAR57,777,216,135.42
Full Note details are as follows:
Issue Date:                         13 October 2021
Nominal Issued:                     ZAR298,100,000

Coupon Rate:                        Three-month ZAR-JIBAR-SAFEX
                                    plus 3.215%, as per the
                                    Applicable          Pricing
                                    Supplement
Coupon Indicator:                   Floating

Interest Determination Dates:       Each 31 January, 30 April,
                                    31 July and 31 October of
                                    each year, commencing on the
                                    Issue    Date    until    the
                                    Maturity Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      31 July 2028
Interest Commencement Date:         Issue Date
First Interest Payment Date:        31 October 2021
Interest Payment Dates:             Each 31 January, 30 April,
                                    31 July and 31 October of
                                    each year until the Maturity
                                    Date
Business Day Convention:            Actual/365     (Fixed)    and
                                    Following Business Day
Books Close:                        Each 21 January, 20 April,
                                    21 July and 21 October,
                                    until     the      applicable
                                    Interest Payment Date
Last day to register:               17h00    on    20    January,
                                    19 April,    20    July   and
                                    20 October of each year,
                                    until the Maturity Date, 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 12 October 2021
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: 12-10-2021 11:10:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.