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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN159?

Release Date: 01/04/2022 08:59
Code(s): SSN159     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SSN159”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SSN159”

Stock Code: SSN159
ISIN Code: ZAG000184938

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN159 Senior Unsecured Floating Rate
Notes due 05 July 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)           ZAR65,041,170,397.61.
Full Note details are as follows:
Issue Date:                         04 April 2022
Nominal Issued:                     ZAR 750,000,000
Coupon Rate:                        Three-month ZAR-JIBAR-SAFEX
                                    plus   1.24%  as  per   the
                                    Applicable          Pricing
                                    Supplement
Coupon Indicator:                   Floating

Interest Determination Dates:       Issue Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      05 July 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:                         30 June 2022 until the
                                     applicable Interest Payment
                                     Date
Last day to register:               By: 17:00 on 29 June 2022 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 01 April 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: 01-04-2022 08:59:00
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