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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN773?

Release Date: 08/10/2021 11:00
Code(s): CLN773     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “CLN773”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN773”

Stock Code: CLN773
ISIN Code: ZAG000180654

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN773 Senior Unsecured Floating Rate
Credit Linked Notes due 28 August 2028 - 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)           ZAR59,146,675,397.61
Full Note details are as follows:
Issue Date:                         11 October 2021
Nominal Issued:                     ZAR743,700,000
Coupon Rate:                        Three-month ZAR-JIBAR-SAFEX
                                    plus 2.68%, as per the
                                    Applicable          Pricing
                                    Supplement
Coupon Indicator:                   Floating

Interest Determination Dates:       Each 28 February, 28 May,
                                    28 August and 28 November of
                                    each year (and during a leap
                                    year,   the    Interest   Rate
                                    Determination Date will be
                                    29 February), commencing on
                                    the Issue Date until the
                                    Maturity Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      28 August 2028
Interest Commencement Date:         11 October 2021
First Interest Payment Date:        28 November 2021
Interest Payment Dates:             Each 28 February, 28 May,
                                    28 August and 28 November of
                                    each year until the Maturity
                                    Date
Business Day Convention:            Following Business Day
Books Close:                        Each 18 February, 18 May,
                                    18 August and 18 November
                                    until      the      applicable
                                    Interest Payment Date
Last day to register:               17h00    on    17    February,
                                    17 May,     17   August    and
                                    17 November 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 08 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: 08-10-2021 11:00:00
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