To view the PDF file, sign up for a MySharenet subscription.

THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBC119?

Release Date: 27/02/2025 15:14
Code(s): SBC119     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SBC119”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - "SBC119"

Stock Code: SBC119
ISIN Code: ZAG000213075

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC119 Senior Unsecured Floating Rate
Credit Linked Notes due 20 June 2030 - sponsored by The Standard
Bank of South Africa Limited, under its Structured Note
Programme.

Authorised Programme size           ZAR120,000,000,000
Total notes issued
(including current issue)           ZAR102,885,648,429.70.

Full Note details are as follows:
Issue Date:                         28 February 2025
Nominal Issued:                     ZAR100,000,000

Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    Plus 2.70%


Coupon Indicator:                   Floating Rate


Interest Determination Dates:       Each 20 March, 20 June, 20
                                    September and 20 December of
                                    each year, commencing on the
                                    Issue Date


Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      20 June 2030
Interest Commencement Date:         Issue Date
First Interest Payment Date:

Interest Payment Dates:             Each 20 March, 20 June, 20
                                    September and 20 December of
                                    each year until the Maturity
                                    Date,    with    the    first
                                    Interest Payment Date being
                                    20 March 2025 or, if such day
                                    is not a Business Day, the
                                    Business Day on which the
                                    interest will be paid, as
                                   determined   in   accordance
                                   with the applicable Business
                                   Day Convention (as specified
                                   in this Applicable Pricing
                                   Supplement).


Business Day Count/Convention:     Actual/365(Fixed)          and
                                   Following Business Day


Books Close:                        The Books Closed Period
                                   (during which the Register
                                   will be closed) will be from
                                   15   March,   15  June,   15
                                   September, and 15 December,
                                   until     the     applicable
                                   Interest Payment Date



Last day to register:              17h00 on 14 March, 14 June,
                                   14    September,   and    14
                                   December, or if such day is
                                   not a Business Day, the
                                   Business Day before each
                                   Books      Closed     Period
                                   applicable Payment Day until
                                   the


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 27 February 2025
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: 27-02-2025 03:14:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.