New Financial Instrument Listing Announcement - “CLN903”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN903”
Stock Code: CLN903
ISIN Code: ZAG000191412
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN903 Senior Unsecured 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) ZAR70,384,455,247.61
Full Note details are as follows:
Issue Date: 02 November 2022
Nominal Issued: ZAR200,000,000
Coupon Rate: 11.20% per annum payable
quarterly in arrears, as per
the Applicable Pricing
Supplement
Coupon Indicator: Fixed
Interest Determination Dates: Not Applicable
Trade Type: Price
Issue Price: 100%
Maturity Date: 20 December 2027
Interest Commencement Date: Issue Date
First Interest Payment Date: 20 December 2022
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: From each 15 March, 15 June,
15 September, and
15 December, until the
applicable Interest Payment
Date
Last day to register: By: 17h00 on 14 March,
14 June, 14 September, and
14 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 01 November 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: 01-11-2022 10:13:00
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