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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN809

Release Date: 15/03/2022 12:55
Code(s): CLN809     PDF:  
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New Financial Instrument Listing Announcement - CLN809

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN809”

Stock Code: CLN809
ISIN Code: ZAG000184573

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN809 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)           ZAR63,288,322,386.55

Full Note details are as follows:

Issue Date:                         16 March 2022
Nominal Issued:                     ZAR42,000,000
Coupon Rate:                        Three-month ZAR-JIBAR-SAFEX
                                    plus   1.65%  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, ZAR14,000,000; and
                                    (ii)     on   the     second
                                    Instalment     Date,     ZAR
                                    ZAR14,000,000

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:                      27 December 2027
Interest Commencement Date:         16 March 2022
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:                        Each    16 March,   16 June,
                                    16 September and 16 December
                                    of each year, until the
                                   applicable Interest Payment
                                   Date
Last day to register:              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
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 12:55:00
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