The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN995”
Stock Code: CLN995
ISIN Code: ZAG000201476
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN995 Senior Unsecured Floating Rate
Credit Linked Notes due 14 August 2025 - 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) ZAR79,716,563,681.19.
Full Note details are as follows:
Issue Date: 28 November 2023
Nominal Issued: ZAR500,000,000.00
Coupon Rate: three month ZAR-JIBAR-SAFEX
plus 1.35% per the
Applicable Pricing
Supplement.
Coupon Indicator: Floating Rate Notes -
Floating
Interest Determination Dates: Each 14 February, 14 May, 14
August and 14 November of
each year, commencing on the
Issue Date.
Trade Type: Price
Issue Price: 100%
Maturity Date: 14 August 2025
Interest Commencement Date: Issue Date
First Interest Payment Date: 14 February 2024
Interest Payment Dates: Each 14 February, 14 May, 14
August and 14 November of
each year until the Maturity
Date, with the first
Interest Payment Date being
14 February 2024.
Business Day Count/Convention: Actual/365(Fixed) and
Following Business Day
Books Close: From 09 February, 09 May, 09
August and 09 November until
the applicable Interest
Payment Date
Last day to register: 17h00 on 08 February, 08
May, 08 August and 08
November 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 27 November 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