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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