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New Financial Instrument Listing Announcement - “CLN836”

Published: 2022-06-10 09:45:47 ET
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The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN836”

Stock Code: CLN836
ISIN Code: ZAG000186909

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN836 Senior Unsecured Mixed Rate Credit
Linked Notes due 28 February 2035 - 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)           ZAR68,222,850,447.61.
Full Note details are as follows:
Issue Date:                         13 June 2022
Nominal Issued:                     ZAR50,000,000
Coupon Rate:                        Fixed Notes – From, and
                                    including, 31 August 2027
                                    until (but excluding) the
                                    Maturity Date: 10.33% per
                                    annum payable quarterly in
                                    arrears,     as    per     the
                                    Applicable             Pricing
                                    Supplement
                                    Floating Rate Notes - From,
                                    and including, the Interest
                                    Commencement Date to, but
                                    excluding, 31 August 2027:
                                    three-month ZAR-JIBAR-SAFEX
                                    plus   3.00%    as   per   the
                                    Applicable             Pricing
                                    Supplement
Coupon Indicator:                   Fixed Rate Notes – Fixed
                                    Floating    Rate    Notes    -
                                    Floating

Interest Determination Dates:       In respect of:

                                    Fixed Rate    Notes     –   Not
                                    Applicable

                                    Floating Rate Notes - Each
                                    28 February, 31 May, 31
                                    August and 30 November, (and
                                    during a leap year, the
                                    Interest Rate Determination
                                    Date will be 29 February
                                 rather   than   28 February)
                                 commencing on the Issue Date
                                 until     (but    excluding)
                                 31 August 2027
Trade Type:                      Price
Issue Price:                     100%
Maturity Date:                   28 February 2035
Interest Commencement Date:      Issue Date
First Interest Payment Date:     31 August 2022

Interest Payment Dates:          In respect of:

                                 Fixed   Rate    Notes   –   28
                                 February, 31 May, 31 August
                                 and 30 November of each year
                                 until the Maturity Date,
                                 with   the   first    Interest
                                 Payment    Date    being    30
                                 November 2027 (during a leap
                                 year, the Interest Payment
                                 Date will be 29 February
                                 rather than 28 February)

                                 Floating Rate Notes – each
                                 28 February, 31 May, 31
                                 August and 30 November of
                                 each    year   until  (and
                                 including) 31 August 2027
                                 (during a leap year, the
                                 Interest Payment Date will
                                 be 29 February rather than
                                 28 February)


Business Day Count/Convention:   Actual/365(fixed)         and
                                 Following Business Day

Last day to register:            By: 17:00 on 22 February,
                                 25 May,     25 August     and
                                 24 November of each year, or
                                 if such day is not a Business
                                 Day, the Business Day before
                                 each Books Closed Period

Books Close:                     From   each  23   February,
                                 26 May,   26   August   and
                                 25 November    until    the
                                   applicable Interest Payment
                                   Date
Optional Call Date:                31 August 2027
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 10 June 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