Enhanced Investments - Financial Portal

New Financial Instrument Listing Announcement - “SSN196”

Published: 2023-04-14 12:55:18 ET

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SSN196”

Stock Code: SSN196
ISIN Code: ZAG000195546

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN196 Senior Unsecured Instalment Linked
Notes due 17 November 2024 - 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)           ZAR78,251,584,081.61
Full Note details are as follows:

Issue Date:                         17 April 2023
Nominal Issued:                     ZAR168,537,235
Coupon Rate:                        As set out Annex A as per
                                    the    Applicable  Pricing
                                    Supplement

Coupon Indicator:                   Fixed
Interest Determination Dates:       Not Applicable
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      17 November 2024
Interest Commencement Date:         11 April 2023
First Interest Payment Date:         17 May 2023

Interest Payment Dates:             Each   17    May   2023,    17
                                    November 2023, 17 May 2024
                                    and 17 November 2024 or 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
                                    this    Applicable     Pricing
                                    Supplement)
Business Day Count/Convention:      Actual/365     (Fixed)     and
                                    Following     Business     Day
                                    Convention
Books Close:                        From each 12 May 2023, 12
                                    November 2023, 12 May 2024
                                    and 12 November 2024, until
                                    the    applicable     Interest
                                    Payment Date
Last day to register:              17:00 on 11 May 2023, 11
                                   November 2023, 11 May 2024,
                                   11 November 2024, or if such
                                   day is not a Business Day,
                                   the Business Day before each
                                   Books Close 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 Securities Depository
(“CSD”) and settlement will take place electronically in terms
of the JSE Rules.

Dated 14 April 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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
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Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.