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New Financial Instrument Listing Announcement - CLN788
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN788”
Stock Code: CLN788
ISIN Code: ZAG000182551
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN788 Senior Unsecured Mixed 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 ZAR80,000,000,000
Total notes issued
(including current issue) ZAR62,592,065,397.61.
Full Note details are as follows:
Issue Date: 14 December 2021
Nominal Issued: ZAR50,000,000
Coupon Rate: Fixed Notes – From, and
including, 31 January 2027
until (but excluding) the
Maturity Date: 9.15% per
annum payable quarterly in
arrears, as per the
Applicable Pricing
Supplement
Floating Rate Notes - From,
and including, the Interest
Commencement Date to, but
excluding, 31 January 2027:
three month ZAR-JIBAR-SAFEX
plus 3.00% as per the
Applicable Pricing
Supplement
Coupon Indicator: Fixed Rate Notes – Fixed
Floating Rate Notes -
Floating
Interest Determination Dates: In respect of:
Fixed Rate Notes – Not
Applicable
Floating Rate Notes - Each
31 January, 30 April,
31 July and 31 October of
each year, commencing on the
Issue Date until (but
excluding) 31 January 2027
Trade Type: Price
Issue Price: 100%
Maturity Date: 31 January 2030
Interest Commencement Date: 14 December 2021
First Interest Payment Date: 31 January 2022
Interest Payment Dates: In respect of:
Fixed Rate Notes – each
31 January, 30 April,
31 July and 31 October of
each year until the Maturity
Date
Floating Rate Notes – each
31 January, 30 April,
31 July and 31 October of
each year until (and
including) 31 January 2027
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Books Close: From each 26 January,
25 April, 26 July and
26 October until the
applicable Interest Payment
Date
Last day to register: By: 17:00 on 25 January,
24 April, 25 July and
25 October of each year, or
if such day is not a Business
Day, the Business Day before
each Books Closed Period
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 13 December 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: 13-12-2021 12:38:00
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