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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN754?

Release Date: 30/06/2021 10:20
Code(s): CLN754     PDF:  
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New Financial Instrument Listing Announcement - “CLN754”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN754”

Stock Code: CLN754
ISIN Code: ZAG000177759

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN754 Senior Unsecured Fixed Rate Credit
Linked Notes due 31 January 2030 - 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)           ZAR50,323,242,386.55
Full Note details are as follows:
Issue Date:                         01 July 2021
Nominal Issued:                     ZAR500,000,000
Coupon Rate:                        In respect of each Interest
                                    Period from, and including:
                                    (i)     the Issue Date up to,
                                            but   excluding,   31
                                            July 2026: 7.40% per
                                            annum; and
                                    (ii)    31 July 2026 up to,
                                            but excluding, the
                                            Maturity        Date:
                                            11.50%   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 January 2030
Interest Commencement Date:         01 July 2021
First Interest Payment Date:        31 July 2021
Interest Payment Dates:             Each 31 January and 31 July
                                    of each year until the
                                    Maturity Date
Business Day Convention:            Following Business Day
Books Close:                        Each 26 January and 26 July
                                    until      the     applicable
                                    Interest Payment Date
Last day to register:               17h00   on   25 January   and
                                    25 July 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 30 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: 30-06-2021 10:20:00
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