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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN781?

Release Date: 18/11/2021 10:50
Code(s): CLN781     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “CLN781”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN781”

Stock Code: CLN781
ISIN Code: ZAG000181843

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN781 Senior Unsecured Fixed Rate Credit
Linked Notes due 19 August 2025 - sponsored by The Standard Bank
of South Africa Limited (acting through its Corporate and
Investment Banking Division), under its Structured Note
Programme.

Authorised Programme size           ZAR80,000,000,000
Total notes issued
(including current issue)           ZAR63,139,335,397.61
Full Note details are as follows:
Issue Date:                         19 November 2021
Nominal Issued:                     ZAR79,600,000
Coupon Rate:                        10.65% per annum payable
                                    semi-annually in arrears, as
                                    per the Applicable Pricing
                                    Supplement;
Coupon Indicator:                   Fixed
Interest Determination Dates:       Not applicable
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      19 August 2025
Interest Commencement Date:         Issue Date
First Interest Payment Date:        19 February 2022
Interest Payment Dates:             Each     19 February      and
                                    19 August of each year until
                                    the Maturity Date
Business Day Count/Convention:      Actual/365     (Fixed)    and
                                    Following Business Day
Books Close:                        Each     14 February      and
                                    14 August   of   each   year,
                                    until     the      applicable
                                    Interest Payment Date
Last day to register:               17h00 on 13 February and
                                    13 August   of   each   year,
                                    until the Maturity Date, 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 18 November 2021
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: 18-11-2021 10:50:00
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