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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBC008?

Release Date: 23/01/2024 10:55
Code(s): SBC008     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SBC008”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - "SBC008"

Stock Code: SBC008
ISIN Code: ZAG000202672

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC008 Senior Unsecured Fixed Rate Notes
due 20 June 2030 - 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)           ZAR81,186,966,601.19

Full Note details are as follows:
Issue Date:                         24 January 2024
Nominal Issued:                     ZAR150,000,000.00

Coupon Rate:                        11.82%, as per the
                                    Applicable Pricing
                                    Supplement.
Coupon Indicator:                   Fixed

Interest Determination Dates:       Not Applicable
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      20 June 2030
Interest Commencement Date:         Issue Date
First Interest Payment Date:        20 June 2024

Interest Payment Dates:             Each 20 June and 20 December
                                    of each year until (and
                                    including) the Maturity
                                    Date.
Business Day Count/Convention:      Actual/365(Fixed) and
                                    Following Business Day
Books Close:                        From each 15 June and 15
                                    December, until the
                                    applicable Interest Payment
                                    Date.
Last day to register:               By 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
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 23 January 2023
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: 23-01-2024 10:55:00
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