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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN172?

Release Date: 30/06/2022 11:31
Code(s): SSN172     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SSN172”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SSN172”

Stock Code: SSN172
ISIN Code: ZAG000187790

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN172 Senior Unsecured Credit Linked
Notes due 03 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)           ZAR 71,530,672,469.61

Full Note details are as follows:
Issue Date:                         01 July 2022
Nominal Issued:                     ZAR 1,000,000,000
Coupon Rate:                        Three-month ZAR-JIBAR-SAFEX
                                    plus   1.3%   as  per   the
                                    Applicable          Pricing
                                    Supplement
Coupon Indicator:                   Floating

Interest Determination Dates:       01 July 2022
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      03 October 2022
Interest Commencement Date:         Issue Date
First Interest Payment Date:        03 October 2022

Interest Payment Dates:             03 October 2022
Business Day Count/Convention:      Actual/365(fixed)        and
                                    Following Business Day

Books Close:                        From   28  September   2022,
                                    until     the     applicable
                                    Interest Payment Date

Last day to register:               By 17:00 on 27 September
                                    2022 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 June 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: 30-06-2022 11:31:00
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