The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN914”
Stock Code: CLN914
ISIN Code: ZAG000194044
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN914 Senior Unsecured Floating Rate
Credit Linked Notes due 20 December 2027 - sponsored by The
Standard Bank of South Africa Limited, under its Structured Note
Programme.
Authorised Programme size ZAR120,000,000,000
Total notes issued
(including current issue) ZAR71,241,673,169.61
Full Note details are as follows:
Issue Date: 23 February 2023
Nominal Issued: ZAR 15,000,000
Coupon Rate: 4.10% plus
Three-month ZAR-JIBAR-SAFEX
as per the Applicable
Pricing Supplement
Coupon Indicator: Floating Rate
Interest Determination Dates: Each 20 March, 20 June, 20
September, and 20 December
of each year commencing on
Issue Date.
Trade Type: Price
Issue Price: 100%
Maturity Date: 20 December 2027
Interest Commencement Date: Issue Date
First Interest Payment Date: 20 March 2023
Interest Payment Dates: Each 20 March, 20 June, 20
September, and 20 December
of each year until Maturity
Date, if such day is not a
Business Day, the Business
Day on which the interest
will be paid, as determined
in accordance with the
applicable Business Day
Convention (as specified in
the Applicable Pricing
Supplement).
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Books Close: From each 15 March, 15 June,
15 September, and 15
December until the
applicable Interest Payment
Date
Last day to register: By 17h00 on 14 March, 14
June, 14 September, and 14
December of each year until
the Maturity Date. 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 22 February 2023
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