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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN176?

Release Date: 16/08/2022 14:10
Code(s): SSN176     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SSN176”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SSN176”

Stock Code: SSN176
ISIN Code: ZAG000189036

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN176 Senior Unsecured Fixed Rate Notes
due 31 December 2050 - 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)           ZAR71,339,218,669.61
Full Note details are as follows:
Issue Date:                         17 August 2022
Nominal Issued:                     ZAR 50,000,000
Coupon Rate:                        As   per    the   Applicable
                                    Pricing Supplement
Coupon Indicator:                   inflation and indexed linked

Interest Determination Dates:       Not applicable
Trade Type:                         Yield
Issue Price:                        118,17238%
Maturity Date:                      31 December 2050
Interest Commencement Date:         30 June 2022
First Interest Payment Date:        31 December 2022

Interest Payment Dates:             Each 31 December and 30 June
                                    until the Maturity Date


Business Day Count/Convention:      Actual/365(fixed)        and
                                    Following Business Day
Books Close:                        From 25 June and 26 December
                                    of each year until the
                                    applicable Interest Payment
                                    Date
Last day to register:               By: 17:00 on 24 June and 25
                                    December of each year, 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 16 August 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: 16-08-2022 02:10:00
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