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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBC083?

Release Date: 01/10/2024 10:54
Code(s): SBC083     PDF:  
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New Financial Instrument Listing Announcement - “SBC083”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - "SBC083"

Stock Code: SBC083
ISIN Code: ZAG000209388

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC083 Senior Unsecured Floating Rate
Credit Linked Notes due 23 September 2026- 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)           ZAR 98 623 638 120.19

Full Note details are as follows:
Issue Date:                         02 October 2024
Nominal Issued:                     ZAR 56,666,667

Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus 2.00%

Coupon Indicator:                   Floating Rate


Interest Determination Dates:       Each 23 March, 23 June, 23
                                    September, 23 December, and
                                    the Maturity Date of each
                                    year,   commencing   on  the
                                    Issue    Date   until   (but
                                    excluding)    the   Maturity
                                    Date.


Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      23 September 2026
Interest Commencement Date:         Issue Date
First Interest Payment Date:        23 December 2024

Interest Payment Dates:             Each 23 March, 23 June, 23
                                    September, 23 December of
                                    each year until the Maturity
                                    Date,    with   the    first
                                    Interest Payment Date being
                                    23 December 2024 or, if such
                                    day is not a Business Day,
                                    the Business Day on which
                                    the interest will be paid,
                                    as determined in accordance
                                    with the applicable Business
                                    Day Convention (as specified
                                    in this Applicable Pricing
                                    Supplement).


Business Day Count/Convention:      Actual/365(Fixed) and
                                    Following Business Day


Books Close:                        The   Books   Closed   Period
                                    (during which the Register
                                    will be closed) will be from
                                    18   March, 18   June, 18
                                    September, and 18 December,
                                    until     the      applicable
                                    Interest Payment Date.

Last day to register:               17h00 on 17 March, 17 June,
                                    17 September and 17
                                    December, 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 01 October 2024
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: 01-10-2024 10:54:00
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