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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBC162?

Release Date: 19/06/2025 09:47
Code(s): SBC162     PDF:  
Wrap Text
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
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