Tap Issue Announcement - “CLN743”
The Standard Bank of South Africa Limited
Tap Issue Announcement - “CLN743”
Stock Code: CLN743
ISIN Code: ZAG000176025
The JSE Limited has granted to The Standard Bank of South
Africa Limited a tap issuance of CLN743 Senior Unsecured
Floating Rate Credit Linked Notes due 31 January 2030 -
sponsored by The Standard Bank of South Africa Limited (acting
through its Corporate and Investment Banking Division), under
its Structured Note Programme.
Authorised Programme size ZAR60,000,000,000
Total notes issued
(including current issue) ZAR47,217,652,926,83.
Full Note details are as follows:
Tap Issue Date: 05 May 2021
Tap Amount: ZAR55,000,000
Aggregate Nominal Issued
(under Series No. 797): ZAR255,400,000
Coupon Rate: Three-month ZAR-JIBAR-SAFEX +
1.76%, paid quarterly
Coupon Indicator: Floating basis
Trade Type: Price
Maturity Date: 31 January 2030
First Interest Payment Date: 31 July 2021
Interest Payment Dates: Each 31 January, 30 April,
31 July and 31 October until
the Maturity Date
Business Day Convention: Following Business Day
Books Close: From each 26 January,
25 April, 26 July and
26 October of each year until
the applicable Interest
Payment Date
Last day to register: By: 17h00 on 25 January,
24 April, 25 July and
25 October of each year
Interest Commencement Date: 29 April 2021
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 issuance.
Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Dated 04 May 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: 04-05-2021 11:25:00
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