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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - ELN005?

Release Date: 12/03/2020 10:13
Code(s): ELN005     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “ELN005”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “ELN005”

Stock Code: ELN005
ISIN Code: ZAG000167099
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – ELN005 Equity Index-Linked Notes due 13
March 2025 - sponsored by The Standard Bank of South Africa
Limited (Corporate and Investment Banking Division), under its
Structured Note Programme.

Authorised Programme size      ZAR60,000,000,000
Total notes issued
(including current issue)      ZAR45,577,336,713.65

Full Note details are as follows:

Issue Date:                    13 March 2020
Nominal Issued:                ZAR50,000,000
Final Redemption Amount:       Per the Applicable Pricing
                               Supplement (Formula Driven)
Trade Type:                    Price
Issue Price:                   100%
Maturity Date:                 13 March 2025
Interest Commencement Date:    13 March 2020
Redemption Basis:              Equity Index-Linked
Business Day Count/Convention: Actual/365 and Following
Books Close:                   03 March 2023 to 13 March 2023
                               and 01 March 2024 to 13 March
                               2024 and 28 February 2025 to 13
                               March 2025
Last day to register:          17:00 on 03 March 2023 or 01
                               March 2024 or 28 February 2025
                               or if any such day is not a
                               Business Day, the Business Day
                               preceding the Books Close
                               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 Securities Depository
(“CSD”) and settlement will take place electronically in terms
of the JSE Rules.
Dated 13 March 2020
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: 12-03-2020 10:13:00
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