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THE STANDARD BANK OF SOUTH AFRICA LIMITED - Debt Board: New Financial Instrument Listing Announcement - CLN889?

Release Date: 28/09/2022 09:38
Code(s): CLN889     PDF:  
Wrap Text
Debt Board: New Financial Instrument Listing Announcement -
“CLN889”

The Standard Bank of South Africa Limited
Debt Board: New Financial Instrument Listing Announcement -
“CLN889”

Stock Code: CLN889
ISIN Code: ZAG000187352
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN889 Credit Linked Notes due 20 December
2027 - 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)           ZAR71,009,644,247.61
Full Note details are as follows:

Issue Date:                         29 September 2022
Nominal Issued:                     ZAR25 000 000
Final Redemption Amount:            Per the Applicable Pricing
                                    Supplement (Formula Driven)
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      20 December 2027
Interest Commencement Date:         Not Applicable
Redemption Basis:                   Credit Linked
Business Day Count/Convention:      Following    Business   Day
                                    Convention
Books Close:                        15 December 2027
Last day to register:               17:00 on 14 December 2027

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 Securities Depository
(“CSD”) and settlement will take place electronically in terms
of the JSE Rules.

Dated 28 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: 28-09-2022 09:38:00
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