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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN765?

Release Date: 30/07/2021 11:34
Code(s): CLN765     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “CLN765”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN765”

Stock Code: CLN765
ISIN Code: ZAG000178518

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN765 Senior Unsecured Fixed Rate Credit
Linked Notes due 31 January 2030 - 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:                     ZAR60,000,000
Coupon Rate:                        8.00%, as per the Applicable
                                    Pricing Supplement
Coupon Indicator:                   Fixed
Interest Determination Dates:       Not applicable
Trade Type:                         Price
Issue Price:                        91.05226%
Maturity Date:                      31 January 2030
Interest Commencement Date:         31 July 2021
First Interest Payment Date:        31 January 2022
Interest Payment Dates:             Each 31 January and 31 July
                                    of each year until the
                                    Maturity Date
Business Convention:                Following Business Day
Books Close:                        Each 26 January and 26 July
                                    of each year, until the
                                    applicable Interest Payment
                                    Date
Last day to register:               17h00 on 25 January and 25
                                    July 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 30 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: 30-07-2021 11:34:00
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