New Financial Instrument Listing Announcement - “CLN851”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN851”
Stock Code: CLN851
ISIN Code: ZAG000187766
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN851 Senior Unsecured Credit Linked
Notes due 27 September 2028 - 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) ZAR 71,530,672,469.61
Full Note details are as follows:
Issue Date: 30 June 2022
Nominal Issued: ZAR 500,000,000
Coupon Rate: Three-month ZAR-JIBAR-SAFEX
plus 4.25% as per the
Applicable Pricing
Supplement
Coupon Indicator: Floating
Interest Determination Dates: Each 27 March, 27 June, 27
September and 27 December of
each year, commencing on the
Issue Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 27 September 2028
Interest Commencement Date: Issue Date
First Interest Payment Date: 27 September 2022
Interest Payment Dates: Each 27 March, 27 June, 27
September and 27 December
until the Maturity Date
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Books Close: From 22 March, 22 June, 22
September and 22 December,
until the applicable
Interest Payment Date
Last day to register: By 17:00 on 21 March, 21
June, 21 September and 21
December, 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 29 June 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: 29-06-2022 11:15:00
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