Enhanced Investments - Financial Portal

New Financial Instrument Listing Announcement - “SSN212”

Published: 2024-04-24 12:33:30 ET

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SSN212”

Stock Code: SSN212
ISIN Code: ZAG000204900
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN212 Senior Unsecured Mixed Rate Notes
26 May 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)           ZAR87,591,109,702.37
Full Note details are as follows:
Issue Date:                         25 April 2024
Nominal Issued:                     ZAR410,000,000

Coupon Rate:                        In respect of each Interest
                                    Period from, and including:

                                    (i) the Issue Date until, but
                                    excluding, 28 October 2024:
                                    three month ZAR-JIBAR-SAFEX
                                    plus 0.75% ; and

                                    ii) 28 October 2024 until,
                                    but excluding, the Maturity
                                    Date:   Fixed  9.00%  semi-
                                    annually.

Coupon Indicator:                   Fixed Rate Notes – Fixed
                                    Floating   Rate   Notes      -
                                    Floating

Interest Determination Dates:       In respect of:

                                    Fixed Rate     Notes   –   Not
                                    Applicable

                                    Issue Date and 29 July 2024.

Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      26 May 2025
Interest Commencement Date:         Issue Date
First Interest Payment Date:        29 July 2024


Interest Payment Dates:             In respect of:
                                   Fixed Rate Notes – Each of 26
                                   November    2024    and   the
                                   Maturity   Date,   with   the
                                   first Interest Payment Date
                                   being 26 November 2024.

                                   Floating Rate Notes – Each
                                   of 29 July 2024 and 28
                                   October 2024 until, with the
                                   first Interest Payment Date
                                   being 29 July 2024
Business Day Count/Convention:     Actual/365(Fixed)and
                                   Following Business Day.

Books Close:                       From each of 24 July 2024,
                                   23 October 2024 and 21
                                   November 2024 and 21 May
                                   2025, until the applicable
                                   Interest Payment Date

Last day to register:               17h00 on 23 July 2024, 22
                                    October 2024, 20 November
                                    2024 and 20 May 2025 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 24 April 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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.