New Financial Instrument Listing Announcement - “SBC060”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC060"
Stock Code: SBC060
ISIN Code: ZAG000207556
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC060 Senior Unsecured Floating Rate
Credit Linked Notes due 20 June 2029- 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) ZAR93,892,013,646.19
Full Note details are as follows:
Issue Date: 31 July 2024
Nominal Issued: ZAR 250,000,000
Coupon Rate: Three month ZAR-JIBAR- SAFEX
plus 4.12% in respect of
each Portion, as specified
in the Pricing Supplement
Coupon Indicator: Floating Rate
Interest Determination Dates: Each 20 March, 20 June,
20 September, and
20 December of each year,
with the first Interest Rate
Determination Date being the
Issue Date.
Trade Type: Price
Issue Price: 100%
Maturity Date: 20 June 2029
Interest Commencement Date: Issue Date
First Interest Payment Date: 20 September 2024
Interest Payment Dates: Each 20 March, 20 June,
20 September, and
20 December of each year
until the Maturity Date.
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
each 15 March, 15 June,
15 September, and
15 December, until the
applicable Interest Payment
Date.
Last day to register: 17h00 on 14 March, 14 June,
14 September, and
14 December of each year, 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 31 July 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: 31-07-2024 10:07:00
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