New Financial Instrument Listing Announcement - “SBC015”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC015"
Stock Code: SBC015
ISIN Code: ZAG000203787
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC015 Senior Unsecured Floating Rate
Credit Linked Notes due 20 June 2030 - 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) ZAR80,380,508,459.37
Full Note details are as follows:
Issue Date: 08 March 2024
Nominal Issued: ZAR122,000,000
Coupon Rate: three month ZAR-JIBAR-SAFEX
plus 1.73% per the
Applicable Pricing
Supplement.
Coupon Indicator: Floating Rate Notes -
Floating
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 2030
Interest Commencement Date: Issue Date
First Interest Payment Date: 20 June 2024
Interest Payment Dates: Each 20 March, 20 June, 20
September and 20 December of
each year until the Maturity
Date, with the first
Interest Payment Date being
20 June 2024.
Business Day Count/Convention: Actual/365(Fixed) and
Following Business Day
Books Close: From each 15 March, 15 June,
15 September and 15 December
of each year, until the
applicable Interest Payment
Date
Last day to register: 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 07 March 2024
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: 07-03-2024 11:57:00
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