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New Financial Instrument Listing Announcement - “CLN971”

Published: 2023-08-25 12:04:31 ET
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The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN971”

Stock Code: CLN971
ISIN Code: ZAG000198920


The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN971 Senior Unsecured Floating Rate
Credit Linked Notes due 20 June 2029 - 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 80,861,500,287.61
Full Note details are as follows:
Issue Date:                         28 August 2023
Nominal Issued:                     ZAR 120,000,000.00
Coupon Rate:                        3.15% 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
                                    the Issue Date.


Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      20 June 2029
Interest Commencement Date:         Issue Date
First Interest Payment Date:        20 September 2023

Interest Payment Dates:             Each 20 March, 20 June, 20
                                    September and 20 December of
                                    each year until the Maturity
                                    Date 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
                                   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 25 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