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New Financial Instrument Listing Announcement Correction - “SBC045”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement Correction -
"SBC045"
Stock Code: SBC045
ISIN Code: ZAG000206400
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC045 Senior Unsecured Mixed Rate Credit
Linked Notes 31 January 2037- 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) ZAR90,796,739,592.37
Full Note details are as follows:
Issue Date: 27 June 2024
Nominal Issued: ZAR40,000,000
Coupon Rate: In respect of each Interest
Period from, and including:
(i) the Issue Date until, but
excluding, 31 July 2030:
three month ZAR-JIBAR-SAFEX
plus 3.00%; and
ii) 31 July 2030 until, but
excluding, the Maturity
Date: Fixed 12.56% semi-
annually.
Coupon Indicator: Fixed Rate Notes – Fixed
Floating Rate Notes -
Floating
Interest Determination Dates: In respect of:
Fixed Rate Notes – Not
Applicable
Each 31 January, 30 April,
31 July, and 31 October of
each year, with the first
Interest Rate Determination
Date being the Issue Date,
until (but excluding) 31
July 2030
Trade Type: Price
Issue Price: 100%
Maturity Date: 31 January 2037
Interest Commencement Date: Issue Date
First Interest Payment Date: 31 July 2024
Interest Payment Dates: In respect of:
Fixed Rate Notes – Each 31
January and 31 July of each
year until the Maturity
Date, with the first
Interest Payment Date being
31 January 2031. 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).
Floating Rate Notes – Each
31 January, 30 April, 31
July, and 31 October of each
year until (and including)
31 July 2030 with the first
Interest Payment Date being
31 July 2024. 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 26 January, 25 April,
26 July, and 26 October,
until the applicable
Interest Payment Date.
Last day to register: 17h00 on 25 January, 24
April, 25 July, and 25
October of each year, 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 26 June 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: 26-06-2024 10:35:00
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