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THE STANDARD BANK OF SOUTH AFRICA LIMITED - General Announcement in respect of SSN093

Release Date: 19/10/2020 17:45
Code(s): SSN093     PDF:  
Wrap Text
General Announcement in respect of SSN093

THE STANDARD BANK OF SOUTH AFRICA LIMITED (REGISTRATION NUMBER
1962/000738/06)

General Announcement in respect of SSN093


NOTICE IS GIVEN TO ALL HOLDERS OF SSN093 ZAR50,000,000 FLOATING
RATE LISTED NOTES DUE 31 January 2030 (Stock Code: SSN093 and
ISIN Code: ZAG000164120) (the “Note”) issued in terms of The
Standard Bank of South Africa Limited’s Structured Note
Programme   dated  10  January   2019  (the   “Programme”))  on
08 November 2019. Capitalised terms used and not otherwise
defined in this announcement have the meaning given to them in
the Pricing Supplement of the Note, as read with the Programme
Memorandum.

Noteholders are hereby advised that, in accordance with the
provisions of the Pricing Supplement of the Note, ”Spread(t)”
(as set out in paragraph 84) will be 0.20% for the purpose of
each Interest Determination Date falling within the Year of
Validity commencing on, and including, 31 October 2020 and
concluding on, but excluding, 31 October 2021.

Notice is given to Noteholders for information purposes only.
No action is required by Noteholders.

Dated 19 October 2020

Sponsor – The Standard Bank of South Africa Limited
For further information on the Note issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

Date: 19-10-2020 05:45:00
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