To view the PDF file, sign up for a MySharenet subscription.

THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN810?

Release Date: 15/03/2022 09:25
Code(s): CLN810     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “CLN810”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN810”

Stock Code: CLN810
ISIN Code: ZAG000184565


The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN810 Senior Unsecured Floating Rate
Credit Linked Instalment Notes due 21 December 2027 - 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)          ZAR63,574,992,386.55
Full Note details are as follows:
Issue Date:                        16 March 2022
Nominal Issued:                   ZAR227,000,000 as reduced in
                                  accordance       with      the
                                  Instalment Note provisions,
                                  as per the Applicable Pricing
                                  Supplement
Coupon Rate:                       Three month ZAR-JIBAR-SAFEX
                                   plus   1.70%  as    per   the
                                   Applicable            Pricing
                                   Supplement
Coupon Indicator:                  Floating
Instalment Dates:                  21 December 2025          and
                                   21 December 2026
Instalment Amounts:                (i)on the first Instalment
                                   Date,   ZAR75,666,667;    and
                                   (ii)     on    the     second
                                   Instalment              Date,
                                   ZAR75,666,667

Interest Determination Dates:      Each    21 March    21 June,
                                   21 September and 21 December
                                   of each year, commencing on
                                   the Issue Date

Trade Type:                        Price
Issue Price:                       100%
Maturity Date:                     21 December 2027
Interest Commencement Date:        Issue Date
First Interest Payment Date:       21 June 2022

Interest Payment Dates:            Each   21 March,    21 June,
                                   21 September and 21 December
                                   of each year until         the
                                   Maturity Date
Business Day Count/Convention:     Actual/365(fixed)          and
                                   Following Business Day

Books Close:                       From each 16 March, 16 June,
                                   16 September             and
                                   16 December,    until    the
                                   applicable Interest Payment
                                   Date

Last day to register:              By:   17h00    on   15 March,
                                   15 June, 15 September and
                                   15 December of each year, or
                                   if such day is not a Business
                                   Day, the Business Day before
                                   each Books Closed Period
                                   until the Maturity Date

Issuer Call Option Date:           26 August 2025

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 15 March 2022
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: 15-03-2022 09:25:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.

Share This Story