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The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN872”
Stock Code: CLN872
ISIN Code: ZAG000188582
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN872 Senior Unsecured Credit Linked
Notes due 31 March 2032 - 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) ZAR71,574,618,669.61
Full Note details are as follows:
Issue Date: 28 July 2022
Nominal Issued: ZAR244,196,200
Coupon Rate: 8.25% per annum payable
semi-annually in arrears
Coupon Indicator: Fixed
Interest Determination Dates: Not Applicable
Trade Type: Price
Issue Price: 85.23886%
Maturity Date: 31 March 2032
Interest Commencement Date: 31 March 2022
First Interest Payment Date: 30 September 2022
Interest Payment Dates: Each 31 March and 30
September of each year until
the Maturity Date
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Optional Redemption Dates: 30 September 2029
Books Close: From each 26 March and 25
September until the
applicable Interest Payment
Date
Last day to register: 17:00 on 25 March and 24
September of each year, or
if such day is not a Business
Day, the Business Day before
each Books Closed Period
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 28 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
