New Financial Instrument Listing Announcement - “CLN933”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN933”
Stock Code: CLN933
ISIN Code: ZAG000194945
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN933 Senior Unsecured Fixed Rate Credit
Linked Notes due 20 June 2028 - 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) ZAR75,747,767,089.61
Full Note details are as follows:
Issue Date: 23 March 2023
Nominal Issued: ZAR70 000 000
Coupon Rate: 12.2%, as per the Applicable
Pricing Supplement
Coupon Indicator: Fixed
Interest Determination Dates: Not Applicable
Trade Type: Price
Issue Price: 100%
Maturity Date: 20 June 2028
Interest Commencement Date: 23 March 2023
First Interest Payment Date: 20 June 2023
Interest Payment Dates: Each 20 June and 20 December
of each year until the
Maturity Date
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Convention
Books Close: From each 15 June and
15 December, until the
applicable interest Payment
Date
Last day to register: 17:00 on 14 June and
14 December of each year,
or if such day is not a
Business Day, the Business
Day before each Books Close
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 Securities Depository
(“CSD”) and settlement will take place electronically in terms
of the JSE Rules.
Dated 22 March 2023
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: 22-03-2023 09:26:00
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