THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN747?

New Financial Instrument Listing Announcement - “CLN747”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN747”

Stock Code: CLN747
ISIN Code: ZAG000176421

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN747 Senior Unsecured Floating Rate
Credit Linked Instalment Notes due 21 December 2027- sponsored
by The Standard Bank of South Africa Limited (acting through its
Corporate and Investment Banking Division), under its Structured
Note Programme.

Authorised Programme size           ZAR60,000,000,000
Total notes issued
(including current issue)           ZAR48,601,752,926.83
Full Note details are as follows:
Issue Date:                         13 May 2021
Nominal Issued:                     ZAR40,000,000 as reduced in
                                    accordance          with      the
                                    Instalment Note provisions,
                                    as per the Pricing Supplement
Coupon Rate:                        Three-month ZAR-JIBAR-SAFEX
                                    plus 2.20% capped at 8.37%,
                                    as    per     the     Applicable
                                    Pricing Supplement
Coupon Indicator:                   Floating
Instalment Dates:                   21 December 2025,
                                    21 December 2026       and   the
                                    Maturity Date
Instalment Amounts:                 (i)on the first Instalment
                                    Date, ZAR13,333,333.33;
                                    (ii)      on      the     second
                                    Instalment                 Date,
                                    ZAR13,333,333.33; and
                                    (iii)      on      the     third
                                    Instalment                 Date,
                                    ZAR13,333,333.34
Interest Determination Dates:       Each    21 March,       21 June,
                                    21 September,                and
                                    21 December of each year,
                                    commencing on the Issue Date
                                    until the Maturity Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      21 December 2027
Interest Commencement Date:         Issue Date
First Interest Payment Date:        21 June 2021
Interest Payment Dates:             Each   21 March,    21 June,
                                    21 September,            and
                                    21 December of each     year
                                    until the Maturity Date
Issuer Optional Redemption
Dates (Call)                        21 December 2021,
                                    21 December 2022,
                                    21 December 2023,
                                    21 December 2024,
                                    21 December 2025          and
                                    21 December 2026
Business Day Count/Convention:      Actual/365(fixed)         and
                                    Following Business Day
Books Close:                        Each    16 March,    16 June,
                                    16 September,             and
                                    16 December of each year,
                                    until     the      applicable
                                    Interest Payment Date
Last day to register:               17h00 on 15 March, 15 June,
                                    15 September,             and
                                    15 December 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 12 May 2021

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: 12-05-2021 11:12:00
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