The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN867”
Stock Code: CLN867
ISIN Code: ZAG000188418
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN867 Senior Unsecured Mixed Rate Credit
Linked Notes due 31 January 2030 - sponsored by The Standard
Bank of South Africa Limited, under its Structured Note
Programme.
Authorised Programme size ZAR80,000,000,000
Total notes issued
(including current issue) ZAR 69,790,422,469.61.
Full Note details are as follows:
Issue Date: 22 July 2022
Nominal Issued: ZAR 110,000,000
Coupon Rate: Fixed Notes – From, and
including, 31 January 2025
until (but excluding) the
Maturity Date: 9.92% per
annum payable quarterly in
arrears, as per the
Applicable Pricing
Supplement
Floating Rate Notes - From,
and including, the Interest
Commencement Date to, but
excluding, 31 January 2025:
three-month ZAR-JIBAR-SAFEX
plus 4.05% as per the
Applicable Pricing
Supplement
Coupon Indicator: Fixed Rate Notes – Fixed
Floating Rate Notes -
Floating
Interest Determination Dates: In respect of:
Fixed Rate Notes – Not
Applicable
Floating Rate Notes - Each
31 January, 30 April, 31
July and 31 October of each
year, commencing on the
Issue Date until (but
excluding) 31 January 2025
Trade Type: Price
Issue Price: 100%
Maturity Date: 31 January 2030
Interest Commencement Date: Issue Date
First Interest Payment Date: 31 October 2022
Interest Payment Dates: In respect of:
Fixed Rate Notes – 31
January, 30 April, 31 July
and 31 October of each year
until the Maturity Date,
with the first Interest
Payment Date being 30 April
2025
Floating Rate Notes – each
31 January, 30 April, 31
July and 31 October of each
year until (and including)
31 January 2025
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Last day to register: By: 17:00 on 25 January, 24
April, 25 July and 25
October of each year, or if
such day is not a Business
Day, the Business Day before
each Books Closed Period
Books Close: From each 26 January, 25
April, 26 July and 26
October, until the
applicable Interest Payment
Date
Optional Call Date: 31 January 2025
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 21 July 2022
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