New Financial Instrument Listing Announcement - CLN761
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN761”
Stock Code: CLN761
ISIN Code: ZAG000178237
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN761 Senior Unsecured Floating Rate
Credit Linked Notes due 22 April 2026 - sponsored by The Standard
Bank of South Africa Limited, under its Structured Note
Programme.
Authorised Programme size ZAR60,000,000,000
Total notes issued
(including current issue) ZAR53,095,651,386.55
Full Note details are as follows:
Issue Date: 21 July 2021
Nominal Issued: ZAR40,000,000
Coupon Rate: The greater of (i) the
Margin minus three month
ZAR-JIBAR-SAFEX and (ii)
zero as specified in the
Pricing Supplement
Coupon Indicator: Floating
Interest Determination Dates: Each 22 January, 22 April,
22 July and 22 October of
each year commencing on the
Issue Date until the
Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 22 April 2026
Interest Commencement Date: Issue Date
First Interest Payment Date: 22 October 2021
Interest Payment Dates: Each 22 January, 22 April,
22 July and 22 October of
each year until the Maturity
Date
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Books Close: Each 17 January, 17 April,
17 July and 17 October of
each year, until the
applicable Interest Payment
Date
Last day to register: 17h00 on 16 January,
16 April, 16 July and
16 October 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 20 July 2021
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: 20-07-2021 12:51:00
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