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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN802?

Release Date: 09/03/2022 11:45
Code(s): CLN802     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “CLN802”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN802”

Stock Code: CLN802
ISIN Code: ZAG000184367



The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN802 Senior Unsecured Fixed Rate Credit
Linked Notes due 31 January 2037 - 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)           ZAR59,970,322,386.55
Full Note details are as follows:
Issue Date:                         10 March 2022
Nominal Issued:                     ZAR50,000,000

Coupon Rate:                        8.50% per annum, as per the
                                    Applicable
                                    Pricing Supplement
Coupon Indicator:                   Fixed Rate

Interest Determination Dates:       Not Applicable
Trade Type:                         Price
Issue Price:                        85.94165%
Maturity Date:                      31 January 2037
Interest Commencement Date:         31 January 2022
First Interest Payment Date:        31 July 2022

Interest Payment Dates:             Each 31 January and 31 July
                                    of each year until the
                                    Maturity Date


Business Day Convention:            Following Business Day

Books Close:                        From each 21 January and 21
                                    July, until the applicable
                                    Interest Payment Date

Last day to register:               By: 17:00 on 20 January and
                                    20 July of each year, or if
                                    such day is not a Business
                                    Day, the Business Day before
                                   each Books Closed Period
                                   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 09 March 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: 09-03-2022 11:45:00
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