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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBC054?

Release Date: 12/07/2024 11:46
Code(s): SBC054     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SBC054”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - "SBC054"

Stock Code: SBC054
ISIN Code: ZAG000206913


The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC054 Floating Rate Listed Notes due 31
January 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)           ZAR91,713,575,646.19

Full Note details are as follows:
Issue Date:                         15 July 2024
Nominal Issued:                     ZAR326,373,171

Coupon Rate:                        8.00%

Coupon Indicator:                   Fixed Rate


Interest Determination Dates:       Not Applicable


Trade Type:                         Price
Issue Price:                        91.91932%
Maturity Date:                      31 January 2030
Interest Commencement Date:         31 January 2024
First Interest Payment Date:        31 July 2024.

Interest Payment Dates:             Each 31 January and 31 July
                                    of each year until the
                                    Maturity Date, with the
                                    first Interest Payment Date
                                    being 31 July 2024 or, if
                                    such a 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).

Books Close:                        The Books Closed Period
                                    (during which the Register
                                    will be closed) will be from
                                    each each 26 January and 26
                                    July, until the applicable
                                    Interest Payment Date.

Last day to register:               17h00 on 25 January and 25
                                    July of each year, or 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 12 July 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: 12-07-2024 11:46:00
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