New Financial Instrument Listing Announcement - CLN738
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN738”
Stock Code: CLN738
ISIN Code: ZAG000175464
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN738 Senior Unsecured Floating Rate
Credit Linked Notes due 20 December 2023 - 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) ZAR45,842,262,926.83
Full Note details are as follows:
Issue Date: 09 April 2021
Nominal Issued: ZAR100,000,000
Coupon Rate: Three-month ZAR-JIBAR-SAFEX
plus 3.00% as per the
Applicable Pricing
Supplement
Coupon Indicator: Floating
Interest Determination Dates: Each 20 March, 20 June,
20 September and 20 December
of each year, commencing on
the Issue Date until the
Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 20 December 2023
Interest Commencement Date: Issue Date
First Interest Payment Date: 20 June 2021
Interest Payment Dates: Each 20 March, 20 June,
20 September and 20 December
of each year until the
Maturity Date
Business Day Count/Convention: Actual/365 (fixed) and
Following Business Day
Books Close: Each 15 March, 15 June,
15 September and
15 December, until the
applicable Interest Payment
Date
Last day to register: 17h00 on 14 March, 14 June,
14 September and
14 December of each year,
until the Maturity Date, 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 08 April 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: 08-04-2021 11:17:00
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