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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN147?

Release Date: 14/12/2021 10:20
Code(s): SSN147     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SSN147”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SSN147”

Stock Code: SSN147
ISIN Code: ZAG000182569


The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN147 Senior Unsecured Floating Rate
Note due 15 February 2022 - 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)           ZAR62,592,065,397.61
Full Note details are as follows
Issue Date:                         15 December 2021
Nominal Issued:                     ZAR500,000,000
Coupon Rate:                        Three-month ZAR-JIBAR-SAFEX
                                    plus 1.55% as per the
                                    Applicable Pricing Supplement
Coupon Indicator:                   Floating
Interest Rate Determination Date:   Issue Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      15 February 2022
Interest Commencement Date:         Issue Date
First Interest Payment Date:        15 February 2022
Interest Payment Date:              15 February 2022
Business Day Count/Convention:      Actual/365      (Fixed)    and
                                    Following Business Day
Books Close:                        10 February 2022 until the
                                    applicable Interest Payment
                                    Date
Last day to register:               By: 17h00 on 09 February 2022
                                    or if such day is not a
                                    Business Day, the Business
                                    Day before each books closed
                                    period     until the Maturity
                                    Date
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 14 December 2021

Sponsor – The Standard Bank of South Africa Limited

For further information on the Note issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

Date: 14-12-2021 10:20:00
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