Try our mobile app
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN964”
Stock Code: CLN964
ISIN Code: ZAG000198250
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN964 Senior Unsecured Fixed Rate Notes
due 31 January 2030 - 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) ZAR79,393,500,287.61
Full Note details are as follows:
Issue Date: 14 August 2023
Nominal Issued: ZAR75,000,000
Coupon Rate: 8.00%, as per the Applicable
Pricing Supplement.
Coupon Indicator: Fixed
Interest Determination Dates: Not Applicable
Trade Type: Price
Issue Price: 78.85934%
Maturity Date: 31 January 2030
Interest Commencement Date: 31 July 2023
First Interest Payment Date: 31 January 2024
Interest Payment Dates: Each 31 January, and 31 July
of each year until (and
including) the Maturity
Date.
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Books Close: From each 26 January, and 26
July, until the applicable
Interest Payment Date.
Last day to register: By 17h00 on 25 January, and
25 July 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 11 August 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
