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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN996?

Release Date: 28/11/2023 11:20
Code(s): CLN996     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “CLN996”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - "CLN996"

Stock Code: CLN996
ISIN Code: ZAG000201443

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN996 Senior Unsecured Fixed Rate Notes
due 20 December 2029 - 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)           ZAR79,716,563,681.19
Full Note details are as follows:
Issue Date:                         29 November 2023
Nominal Issued:                     ZAR200,000,000

Coupon Rate:                        10.64%, as per the
                                    Applicable Pricing
                                    Supplement.
Coupon Indicator:                   Fixed

Interest Determination Dates:       Not Applicable
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      20 December 2029
Interest Commencement Date:         Issue Date
First Interest Payment Date:        20 December 2023

Interest Payment Dates:              Each 20 June and 20 December
                                     of each year until (and
                                     including) the Maturity
                                     Date.
Business Day Count/Convention:       Actual/365(Fixed) and
                                     Following Business Day
Books Close:                         From each 15 June and 15
                                     December, until the
                                     applicable Interest Payment
                                     Date.
Last day to register:                By 17h00 on 14 June, 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 28 November 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: 28-11-2023 11:20:00
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