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New Financial Instrument Listing Announcement - “CLN786”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN786”
Stock Code: CLN786
ISIN Code: ZAG000182262
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN786 Senior Unsecured Floating Rate
Credit Linked Instalment Notes due 21 December 2027 - 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) ZAR63,889,335,397.61
Full Note details are as follows:
Issue Date: 02 December 2021
Nominal Issued: ZAR30,000,000 as reduced in
accordance with the
Instalment Note provisions,
as per the Pricing
Supplement
Coupon Rate: Three-month ZAR-JIBAR-SAFEX
plus 1.40% as per the
Applicable Pricing
Supplement
Coupon Indicator: Floating
Instalment Dates: 23 March 2026 and
23 March 2027
Instalment Amounts: (i)on the first Instalment
Date, ZAR10,000,000; and
(ii) on the second
Instalment Date,
ZAR10,000,000
Interest Determination Dates: Each 21 March, 21 June,
21 September and 21 December
of each year, commencing on
the Issue Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 27 December 2027
Interest Commencement Date: 02 December 2021
First Interest Payment Date: 21 December 2021
Interest Payment Dates: Each 21 March, 21 June,
21 September and 21 December
of each year until the
Maturity Date
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Books Close: Each 16 March, 16 June,
16 September and 16 December
of each year, until the
applicable Interest Payment
Date
Last day to register: 17h00 on 15 March, 15 June,
15 September and 15 December
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 01 December 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: 01-12-2021 10:45:00
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