New Financial Instrument Listing Announcement - “CLN924”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN924”
Stock Code: CLN924
ISIN Code: ZAG000194804
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN924 Senior Unsecured Floating Rate
Notes due 20 June 2028 - 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) ZAR74,005,767,089.61
Full Note details are as follows:
Issue Date: 17 March 2023
Nominal Issued: ZAR 25,000,000
Coupon Rate: 3.63% plus
Three-month ZAR-JIBAR-SAFEX
as per the Applicable
Pricing Supplement
Coupon Indicator: Floating Rate
Interest Determination Dates: Each 20 March, 20 June, 20
September, and 20 December
of each year commencing on
the issue date.
Trade Type: Price
Issue Price: 100%
Maturity Date: 20 June 2028
Interest Commencement Date: Issue Date
First Interest Payment Date: 20 June 2023
Interest Payment Dates: Each 20 March, 20 June, 20
September, and 20 December
of each year 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 the Applicable Pricing
Supplement).
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Books Close: From each 15 March, 15 June,
15 September, and 15
December until the
applicable Interest Payment
Date
Last day to register: By 17h00 on 14 March, 14
June, 14 September, and 14
December of each year until
the Maturity Date. 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 16 March 2023
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: 16-03-2023 10:01:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.