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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN777?

Release Date: 10/11/2021 11:15
Code(s): CLN777     PDF:  
Wrap Text
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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