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New Financial Instrument Listing Announcement - “SBC044”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC044"
Stock Code: SBC044
ISIN Code: ZAG000206384
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC044 Senior Unsecured Floating Rate
Credit Linked Notes due 31 January 2030- sponsored by The
Standard Bank of South Africa Limited, under its Structured Note
Programme.
Authorised Programme size ZAR120,000,000,000
Total notes issued
(including current issue) ZAR90,756,739,592.37
Full Note details are as follows:
Issue Date: 21 June 2024
Nominal Issued: ZAR350,000,000
Coupon Rate: Three month ZAR-JIBAR-SAFEX
plus 1.70%
Coupon Indicator: Floating Rate
Interest Determination Dates: Each 31 January, 30 April,
31 July, and 31 October of
each year, commencing on the
Issue Date until (but
excluding) the Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 31 January 2030
Interest Commencement Date: Issue Date
First Interest Payment Date: 31 July 2024
Interest Payment Dates: Each 31 January, 30 April,
31 July, and 31 October of
each year until the Maturity
Date, with the first
Interest Payment Date being
31 July 2024 or, if such a
day is not a Business Day,
the Business Day on which
the interest will be paid,
as determined in accordance
with the applicable Business
Day Convention (as specified
in this Applicable Pricing
Supplement).
Business Day Count/Convention: Actual/365(Fixed.
Books Close: The "books closed period"
(during which the Register
will be closed) will be from
each 26 January, 25 April,
26 July, and 26 October of
each year, until the
applicable Interest Payment
Date.
Last day to register: 17h00 on 25 January, 24
April, 25 July, and 25
October of each year, or if
such day is not a Business
Day, the Business Day before
each Books Closed Period
until the Maturity Date.
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: 21 June 2024
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: 20-06-2024 12:25:00
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