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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN812?

Release Date: 31/03/2022 10:59
Code(s): CLN812     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “CLN812”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN812”

Stock Code: CLN812
ISIN Code: ZAG000184870



The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN812 Senior Unsecured Floating Rate
Credit Linked Notes due 01 October 2022 - 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)           ZAR65,850,912,386.55.
Full Note details are as follows:
Issue Date:                         01 April 2022
Nominal Issued:                     ZAR300,000,000
Coupon Rate:                        From, and including, the
                                    Interest Commencement Date
                                    until, but excluding, the
                                    Maturity Date: three month
                                    ZAR-JIBAR-SAFEX plus 4.50%,
                                    as    per     the   Pricing
                                    Supplement
Coupon Indicator:                   Floating

Interest Determination Dates:       01 April 2022   and   01   July
                                    2022
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      01 October 2022
Interest Commencement Date:         Issue Date
First Interest Payment Date:        01 July 2022

Interest Payment Dates:             01 July 2022 and 01 October
                                    2022
Business Day Count/Convention:      Actual/365(fixed)       and
                                    Following Business Day

Books Close:                        From each 26 June 2022 and
                                    26 September 2022 until the
                                    applicable Interest Payment
                                    Date

Last day to register:               By: 17:00 on 25 June 2022
                                    and 25 September 2022, 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 31 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: 31-03-2022 10:59:00
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