THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN665?

New Financial Instrument Listing Announcement - “CLN665”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN665”

Stock Code: CLN665
ISIN Code: ZAG000167644

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN665 Senior Unsecured Floating Rate
Credit Linked Notes due 27 February 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)           ZAR 45,236,331,365.93
Full Note details are as follows:
Issue Date:                         17 April 2020
Nominal Issued:                     ZAR100,000,000
Coupon Rate:                        Three-month ZAR-JIBAR-SAFEX
                                    plus 2.56%, as per the
                                    Applicable          Pricing
                                    Supplement.
Coupon Indicator:                   Floating

Interest Determination Dates:       Each 27 February, 27 May,
                                    27 August, and 27 November
                                    of each year, commencing on
                                    the Issue Date until the
                                    Maturity Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      27 February 2023
Interest Commencement Date:         Issue Date
First Interest Payment Date:        27 May 2020

Interest Payment Dates:             Each 27 February, 27 May,
                                    27 August, and 27 November
                                    of each year until the
                                    Maturity Date
Business Day Count/Convention:      Actual/365(fixed)        and
                                    Following Business Day
Books Close:                        Each 22 February, 22 May,
                                    22 August, and 22 November
                                    of each year, until the
                                    applicable Interest Payment
                                    Date
Last day to register:               17h00    on     21 February,
                                    21 May,    21 August,    and
                                   21 November 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 16 April 2020
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: 16-04-2020 11:09:00
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