New Financial Instrument Listing Announcement - “CLN777”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN777”
Stock Code: CLN777
ISIN Code: ZAG000181512
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN777 Senior Unsecured Fixed Rate Credit
Linked Notes due 31 August 2024 - 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) ZAR62,588,125,397.61.
Full Note details are as follows:
Issue Date: 11 November 2021
Nominal Issued: ZAR90,000,000
Coupon Rate: 7.13% per annum payable
semi-annually in arrears as
per the Applicable Pricing
Supplement;
Coupon Indicator: Fixed
Interest Determination Dates: Not Applicable
Trade Type: Price
Issue Price: 100%
Maturity Date: 31 August 2024
Interest Commencement Date: Issue Date
First Interest Payment Date: 28 February 2022
Interest Payment Dates: Each 28 February, and
31 August of each year until
the Maturity Date.
Business Day Convention: Following Business Day
Books Close: Each 23 February, and
26 August of each year,
until the applicable
Interest Payment Date
Last day to register: 17h00 on 22 February and
25 August of each year,
until the Maturity Date, 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 10 November 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: 10-11-2021 11:15:00
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