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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN118?

Release Date: 03/06/2021 10:50
Code(s): SSN118     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SSN118”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SSN118”

Stock Code: SSN118
ISIN Code: ZAG000176942


The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN118 Senior Unsecured Floating Rate
Note due 07 September 2021 - sponsored by The Standard Bank of
South Africa Limited, under its Structured Note Programme.

Authorised Programme size           ZAR60,000,000,000
Total notes issued
(including current issue)           ZAR48,380,912,424.55
Full Note details are as follows
Issue Date:                         04 June 2021
Nominal Issued:                     ZAR50,000,000
Coupon Rate:                        Three-month ZAR-JIBAR-SAFEX
                                    plus 1.05% as per the
                                    Applicable Pricing
                                    Supplement
Coupon Indicator:                   Floating
Interest Rate Determination Date:   Issue Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      07 September 2021
Interest Commencement Date:         Issue Date
First Interest Payment Date:        07 September 2021
Interest Payment Date:              07 September 2021
Business Day Convention:            Following Business Day
Books Close:                        02 September 2021 until the
                                    applicable Interest Payment
                                    Date
Last day to register:               By:          17h00          on
                                    01 September 2021   until the
                                    Maturity Date
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 03 June 2021

Sponsor – The Standard Bank of South Africa Limited

For further information on the Note issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

Date: 03-06-2021 10:50:00
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