New Financial Instrument Listing Announcement - “CLN828”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN828”
Stock Code: CLN828
ISIN Code: ZAG000186404
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN828 Senior Unsecured Credit Linked
Notes due 28 February 2035 - 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) ZAR67,195,485,397.61.
Full Note details are as follows:
Issue Date: 30 May 2022
Nominal Issued: ZAR30,000,000
Coupon Rate: 8.875% as per the Applicable
Pricing Supplement
Coupon Indicator: Fixed
Interest Determination Dates: Not Applicable
Trade Type: Price
Issue Price: 88.8476%
Maturity Date: 28 February 2035
Interest Commencement Date: 28 February 2022
First Interest Payment Date: 31 August 2022
Interest Payment Dates: Each 28 February and
31 August of each year until
(and including) the Maturity
Date
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Optional Redemption Dates: 31 August 2024,
31 August 2026,
28 February 2028,
31 August 2029,
31 August 2031, and
31 August 2033
Books Close: From each 18 February and
21 August until the
applicable Interest Payment
Date
Last day to register: By: 17:00 on 17 February and
20 August 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 27 May 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: 27-05-2022 10:05:00
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