New Financial Instrument Listing Announcement - “SBC162”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC162"
Stock Code: SBC162
ISIN Code: ZAG000216417
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC162 Senior Unsecured Floating Rate
Credit Linked Notes due 25 June 2030 - sponsored by The Standard
Bank of South Africa Limited, under its Structured Note
Programme.
Authorised Programme size ZAR150,000,000,000
Total notes issued
(including current issue) ZAR110 586 894 689.51.
Full Note details are as follows:
Issue Date: 20 June 2025
Nominal Issued: ZAR30,000,000
Coupon Rate: three-month ZAR-JIBAR-SAFEX
Plus 3.70%
Coupon Indicator: Floating Rate
Interest Determination Dates: Each 20 March, 20 June, 20
September and 20 December of
each year, commencing on
Issue Date until the 20
March 2030
Trade Type: Price
Issue Price: 100%
Maturity Date: 25 June 2030
Interest Commencement Date: Issue Date
First Interest Payment Date: 20 September 2025
Interest Payment Dates: Each 20 March, 20 June, 20
September and 20 December of
each year until (and
including 20 March 2030,
with the first Interest
Payment Date being 20
September 2025 and the final
Interest Payment Date being
the Maturity Date. 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 this Applicable Pricing
Supplement).
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 and including 15 March
2030 and the final Books
Closed Period will be from
20 June 2030, the applicable
Interest Payment Date.
Last day to register: 17h00 on each 14 March, 14
June, 14 September, and 14
December of each year until
and including 14 March 2030
and the final Last Date to
Register will be on 19 June
2030, or if such day is not
a Business Day, the Business
Day before each Books Closed
Period the
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 19 June 2025
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: 19-06-2025 09:47:00
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.