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New Financial Instrument Listing Announcement - “SBC017”

Published: 2024-03-12 13:02:20 ET
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The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SBC017”

Stock Code: SBC017
ISIN Code: ZAG000203860

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC017 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)           ZAR82,640,508,459.37

Full Note details are as follows:
Issue Date:                         13 March 2024
Nominal Issued:                     ZAR260,000,000

Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus    1.75%    per     the
                                    Applicable           Pricing
                                    Supplement.

Coupon Indicator:                   Floating   Rate      Notes   -
                                    Floating


Interest Determination Dates:       Issue Date and each 06
                                    March, 06 June, 06 September
                                    and 06 December of each
                                    year, until (and including)
                                    06 March 2030
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      20 June 2030
Interest Commencement Date:         Issue Date
First Interest Payment Date:        06 June 2024

Interest Payment Dates:             Each 06 March, 06 June, 06
                                    September and 06 December of
                                    each    year    until    (and
                                    including) 6 March 2030,
                                    with   the   first   Interest
                                    Payment Date being 06 June
                                    2024 and the final Interest
                                   Payment   Date   being     the
                                   Maturity Date


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

Books Close:                       From each 01 March, 01 June,
                                   01 September and 01 December
                                   of each year until and
                                   including 1 March 2030 and
                                   the   final   Books   Closed
                                   Period will be from 15 June
                                   2030, until the applicable
                                   Interest Payment Date

Last day to register:              17h00 on each 28 February,
                                   31 May, 31 August and 30
                                   November of each year until
                                   and including 28 February
                                   2030 (and during a leap
                                   year,   the  Last   Day   to
                                   Register    will    be    29
                                   February) and the final Last
                                   Date to Register will be on
                                   14 June 2030te. 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 12 March 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