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New Financial Instrument Listing Announcement - “SBC006”

Published: 2024-01-18 11:00:28 ET
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The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SBC006”

Stock Code: SBC006
ISIN Code: ZAG000202565

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC006 Senior Unsecured Floating Rate
Credit Linked Notes due 20 June 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)           ZAR80,971,966,601.19

Full Note details are as follows:
Issue Date:                         19 January 2024
Nominal Issued:                     ZAR25,000,000

Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus    4.75%    per     the
                                    Applicable           Pricing
                                    Supplement.

Coupon Indicator:                   Floating   Rate      Notes     -
                                    Floating


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 2030
Interest Commencement Date:         Issue Date
First Interest Payment Date:        20 March 2024

Interest Payment Dates:             Each 20 March, 20 June, 20
                                    September and 20 December of
                                    each year until the Maturity
                                    Date,    with   the    first
                                    Interest Payment Date being
                                    20 March 2024.


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:              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 18 January 2024
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