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: 15/06/2021 09:00
Code(s): CLN750     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN750”

Stock Code: CLN750
ISIN Code: ZAG000177312

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN750 Senior Unsecured Floating Rate
Credit Linked Notes due 11 September 2026 - sponsored by The
Standard Bank of South Africa Limited, under its Structured Note
Programme.

Authorised Programme size           ZAR60,000,000,000
Total notes issued
(including current issue)           ZAR49,264,301,719.55
Full Note details are as follows:
Issue Date:                         17 June 2021
Nominal Issued:                     ZAR700,000,000
Coupon Rate:                        Three-month ZAR-JIBAR-SAFEX
                                    plus 1.75%, as per the
                                    Applicable           Pricing
                                    Supplement;
Coupon Indicator:                   Floating
Interest Determination Dates:       Each   11 March,    11 June,
                                    11 September and 11 December
                                    of each year commencing on
                                    the Issue Date until the
                                    Maturity Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      11 September 2026
Interest Commencement Date:         Issue Date
First Interest Payment Date:        11 September 2021
Interest Payment Dates:             Each   11 March,    11 June,
                                    11 September and 11 December
                                    of each year until the
                                    Maturity Date
Business Day Count/Convention:      Actual/365    (Fixed)    and
                                    Following Business Day
Books Close:                        Each   06 March,    06 June,
                                    06 September and 06 December
                                    of each year, until the
                                    applicable Interest Payment
                                    Date
Last day to register:               17h00 on 05 March, 05 June,
                                    05 September and 05 December
                                    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 15 June 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: 15-06-2021 09:00:00
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.