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

Release Date: 04/10/2021 11:05
Code(s): CLN772     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN772”

Stock Code: CLN772
ISIN Code: ZAG000180480

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN772 Senior Unsecured Fixed Rate Credit
Linked Notes due 28 February 2035 - 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)           ZAR55,128,187,124.36
Full Note details are as follows:
Issue Date:                         05 October 2021
Nominal Issued:                     ZAR60,000,000
Coupon Rate:                        8.875%,    as       per       the
                                    Applicable                Pricing
                                    Supplement
Coupon Indicator:                   Fixed

Interest Determination Dates:       Not applicable
Trade Type:                         Price
Issue Price:                        86.86593%
Maturity Date:                      28 February 2035
Interest Commencement Date:         31 August 2021
First Interest Payment Date:        28 February 2022
Interest Payment Dates:             Each     28 February      and
                                    31 August of each year until
                                    the Maturity Date
Business Day Convention:            Following Business Day
Books Close:                        Each     18 February      and
                                    21 August      until      the
                                    applicable Interest Payment
                                    Date
Last day to register:               17h00 on 17 February and
                                    20 August   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 04 October 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: 04-10-2021 11:05:00
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