URBAN UBOMI 1 (RF) LIMITED - Urban Ubomi 1: Class A13 Note Issuance

Urban Ubomi 1: Class A13 Note Issuance

Urban Ubomi 1 (RF) Limited
("Urban Ubomi 1")
New Financial Instrument Listing Announcement

Dated: 15 May 2024
Stock Codes: UU1A13
ISIN Codes: ZAG000204702

The JSE Limited has granted Urban Ubomi 1 the listing of its "UU1A13"
Floating Rate Notes due 15 May 2043 (Step up and call date 15 May
2026) and issued in terms of its ZAR2,500,000,000 Mortgage-Backed
Securities Note Programme dated on or about 12 March 2021.

Total notes outstanding (excl. this issue) ZAR1,208,000,000

Full Note details are as follows:

Designation of Note:            Class A13 Note
Nominal Issued:                 ZAR167,173,042
Coupon Rate:                    9.950% (being 160 bps over 3 month
                                JIBAR of 8.35%)
Coupon Step-Up Rate:            208 bps over 3 month JIBAR
Coupon Indicator:               Floating
Final Redemption Date:          15 May 2043
First Interest Payment Date:    15 August 2024
Coupon Step-Up Date:            15 May 2026
Interest Payment Dates:         15 February, 15 May, 15 August and
                                15 November of each year until the
                                Final Redemption Date
Books Close:                    10 February, 10 May, 10 August and
                                10 November of each year (all dates
                                inclusive)
Last day to register:           By 17h00 on 9 February, 9 May, 9
                                August and 9 November until the
                                Final Redemption Date
Interest Commencement Date:     15 May 2024
Settlement Date:                15 May 2024
Rating:                         AAA (za)(sf) by Global Credit Rating
                                Co. (GCR)
Placement Agent:                The Standard Bank of South Africa
                                Limited


Sponsor:                        The Standard Bank of South Africa
                                Limited

Notes will be deposited in the Central Depository ("CSD") and
settlement will take place electronically in terms of JSE Rules.

For further information on the Notes issued please contact:
Demisha Pillay - Standard Bank (Sponsor) (081) 583 4873
Email: demisha.pillay@standardbank.co.za

Date: 15-05-2024 01:47:00
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