New Financial Instrument Listing Announcement - “SSN121”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN121”
Stock Code: SSN121
ISIN Code: ZAG000178526
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN121 Senior Unsecured Floating Rate
Note due 31 August 2024 - 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) ZAR53,557,851,386.55
Full Note details are as follows
Issue Date: 02 August 2021
Nominal Issued: ZAR100,000,000
Coupon Rate: Three-month ZAR-JIBAR-SAFEX
plus a spread as per the
Applicable Pricing
Supplement
Coupon Indicator: Floating
Interest Rate Determination Date: Each 28 February, 31 May, 31
August and 30 November of
each year commencing on the
Issue Date until the Maturity
Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 31 August 2024
Interest Commencement Date: Issue Date
First Interest Payment Date: 31 August 2021
Interest Payment Date: Each 28 February, 31 May, 31
August and 30 November of
each year until the Maturity
Date
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Books Close: Each 23 February, 26 May, 26
August and 25 November of
each year, until the
applicable Interest Payment
Date
Last day to register: By: 17h00 on each 22
February, 25 May, 25 August
and 24 November of each year
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 Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Dated 30 July 2021
Sponsor – The Standard Bank of South Africa Limited
For further information on the Note issued please contact:
Johann Erasmus SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za
Date: 30-07-2021 11:34:00
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