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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN152?

Release Date: 28/03/2022 10:45
Code(s): SSN152     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SSN152”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SSN152”

Stock Code: SSN152
ISIN Code: ZAG000184755


The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN152 Senior Unsecured Floating Rate
Notes due 29 June 2022 - 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)           ZAR63,553,212,386.55.
Full Note details are as follows:
Issue Date:                         29 March 2022
Nominal Issued:                     ZAR 100,000,000
Coupon Rate:                        Three-month ZAR-JIBAR-SAFEX
                                    plus 1.125% as per the
                                    Applicable          Pricing
                                    Supplement
Coupon Indicator:                   Floating

Interest Determination Dates:       Trade Date, 22 March 2022
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      29 June 2022
Interest Commencement Date:         Issue Date
First Interest Payment Date:        Maturity Date

Interest Payment Dates:             Maturity Date


Business Day Count/Convention:      Actual/365(fixed)        and
                                    Following Business Day

Books Close:                        24 June 2022 until the
                                    applicable Interest Payment
                                    Date

Last day to register:               By: 17:00 on 23 June 2022
                                    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 28 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: 28-03-2022 10:45:00
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