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STANDARD BANK GROUP LIMITED - New Financial Instrument Listing Announcement: SBT104

Release Date: 29/09/2020 09:15
Code(s): SBT104     PDF:  
Wrap Text
New Financial Instrument Listing Announcement: SBT104

Standard Bank Group Limited
(Incorporated in the Republic of South Africa)
(Registration number 1969/017128/06)
Bond Code: SBT104       ISIN: ZAG000170986


New Financial Instrument Listing Announcement: SBT104

The JSE Limited has granted a listing to STANDARD BANK GROUP LIMITED on Interest Rate Market with
effect from 29 September 2020, of the following Additional Tier 1 Note under its Domestic Medium
Term Note Programme dated 19 September 2019.

INSTRUMENT TYPE:                        ADDITIONAL TIER 1 - FLOATING RATE NOTE

Bond Code                               SBT104

Nominal Issued                          R 1,539,000,000

Issue Price                             100%

Coupon                                  7.887% (3 Month JIBAR as at 21 Sep 2020 of 3.367% plus 452
                                        bps)

Coupon Rate Indicator                   Floating

Trade Type                              Price

Final Maturity Date                     31 December 2099

Books Close Date                        21 March, 20 June, 20 September, 21 December

Interest Payment Date(s)                31 March, 30 June, 30 September, 31 December

Last Day to Register                    By 17:00 on 20 March, 19 June, 19 September, 20 December

Issue Date                              29 September 2020

Date Convention                         Modified Following

Interest Commencement Date              29 September 2020

First Interest Payment Date             31 December 2020

First Call Date                         30 September 2025

ISIN No.                                ZAG000170986
Johannesburg
29 September 2020

Debt Sponsor
The Standard Bank of South Africa Limited
(acting through its Corporate and Investment Banking division)

Date: 29-09-2020 09:15:00
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