New Financial Instrument Listing Announcement - “CLN888”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN888”
Stock Code: CLN888
ISIN Code: ZAG000190141
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN888 Senior Unsecured Credit Linked
Notes due 28 February 2033 - sponsored by The Standard Bank of
South Africa Limited, under its Structured Note Programme.
Authorised Programme size ZAR80,000,000,000
Total notes issued
(including current issue) ZAR71,494,744,247.61
Full Note details are as follows:
Issue Date: 21 September 2022
Nominal Issued: ZAR192,051,000
Coupon Rate: 1.875% as per the Applicable
Pricing Supplement
Coupon Indicator: Fixed
Interest Determination Dates: Not Applicable
Trade Type: Yield
Issue Price: 104.139004743532%
Maturity Date: 28 February 2033
Interest Commencement Date: 31 August 2022
First Interest Payment Date: 28 February 2023
Interest Payment Dates: Each 28 February, and 31
August of each year until
the Maturity Date
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Optional Redemption Dates: 15 September 2027
Books Close: From each 18 February and 21
August until the applicable
Interest Payment Date
Last day to register: By: 17:00 on 17 February and
20 August 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 20 September 2022
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: 20-09-2022 09:15:00
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