New Financial Instrument Listing Announcement - CLN742
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN742”
Stock Code: CLN742
ISIN Code: ZAG000175910
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN742 Senior Unsecured Floating Rate
Credit Linked Notes due 31 March 2032 sponsored by The Standard
Bank of South Africa Limited (acting through its Corporate and
Investment Banking Division), under its Structured Note
Programme.
Authorised Programme size ZAR60,000,000,000
Total notes issued
(including current issue) ZAR45,986,012,926,83
Full Note details are as follows:
Issue Date: 23 April 2021
Nominal Issued: ZAR104,940,000
Coupon Rate: Three-month ZAR-JIBAR-SAFEX
plus 3.57% capped at 11.00%
as per the Applicable
Pricing Supplement
Coupon Indicator: Floating
Interest Determination Dates: Each 31 March, 30 June,
30 September and
31 December of each year,
commencing on the Issue Date
until the Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 31 March 2032
Interest Commencement Date: Issue Date
First Interest Payment Date: 30 June 2021
Interest Payment Dates: Each 31 March, 30 June,
30 September and 31 December
of each year until the
Maturity Date
Business Day Count/Convention: Actual/365 (fixed) and
Following Business Day
Books Close: Each 26 March, 25 June,
25 September and 26 December
of each year, until the
applicable Interest Payment
Date
Last day to register: 17h00 on 25 March, 24 June,
24 September and 25 December
of each year, until the
Maturity Date, 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 22 April 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: 22-04-2021 11:35:00
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