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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN751

Release Date: 21/06/2021 11:45
Code(s): CLN751     PDF:  
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New Financial Instrument Listing Announcement - CLN751

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN751”

Stock Code: CLN751
ISIN Code: ZAG000177403

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN750 Senior Unsecured Floating Rate
Credit Linked Notes due 01 October 2026 - 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)           ZAR49,314,301,719.55
Full Note details are as follows:
Issue Date:                         22 June 2021
Nominal Issued:                     ZAR200,000,000
Coupon Rate:                        Three-month ZAR-JIBAR-SAFEX
                                    plus 1.55%, as per the
                                    Applicable            Pricing
                                    Supplement;
Coupon Indicator:                   Floating
Interest Determination Dates:       Each 01 January, 01 April,
                                    01 July and 01 October of
                                    each year commencing on the
                                    Issue    Date    until    the
                                    Maturity Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      01 October 2026
Interest Commencement Date:         Issue Date
First Interest Payment Date:        01 July 2021
Interest Payment Dates:             Each 01 January, 01 April,
                                    01 July and 01 October of
                                    each year until the Maturity
                                    Date
Business Day Count/Convention:      Actual/365     (Fixed)    and
                                    Following Business Day
Books Close:                        Each 27 December, 27 March,
                                    26 June and 26 September of
                                    each    year,    until    the
                                    applicable Interest Payment
                                    Date
Last day to register:               17h00    on   26    December,
                                    26 March,    25    June   and
                                    25 September 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 21 June 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: 21-06-2021 11:45:00
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