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New Financial Instrument Listing Announcement - “CLN916”

Published: 2023-02-24 13:19:27 ET
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The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN916”

Stock Code: CLN916
ISIN Code: ZAG000194192

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN916 Senior Unsecured 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)           ZAR 72,007,173,169.61.
Full Note details are as follows:
Issue Date:                         27 February 2023
Nominal Issued:                     ZAR 15,000,000
Coupon Rate:                        10.5%   per   annum  payable
                                    quarterly in arrears, as per
                                    the    Applicable    Pricing
                                    Supplement
Coupon Indicator:                   Fixed
Interest Determination Dates:       Not Applicable
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      20 December 2027
Interest Commencement Date:         27 February 2023
First Interest Payment Date:        20 March 2023

Interest Payment Dates:             Each 20 March, 20 June, 20
                                    September and 20 December of
                                    each year until the Maturity
                                    Date.
Business Day Count/Convention:      Actual/365(fixed)        and
                                    Following Business Day

Books Close:                        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, 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 24 February 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