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New Financial Instrument Listing Announcement - “CLN868”

Published: 2022-07-29 11:03:23 ET
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The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN868”

Stock Code: CLN868
ISIN Code: ZAG000188632

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN868 Senior Unsecured 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 69,830,422,469.61

Full Note details are as follows:
Issue Date:                         01 August 2022
Nominal Issued:                     ZAR40,000,000
Coupon Rate:                        8.00%   per   annum  payable
                                    semi-annually in arrears
Coupon Indicator:                   Fixed
Interest Determination Dates:       Not Applicable
Trade Type:                         Price
Issue Price:                        84.74286%
Maturity Date:                      31 January 2030
Interest Commencement Date:         31 July 2022
First Interest Payment Date:        31 January 2023

Interest Payment Dates:             Each 31 January, and 31 July
                                    of each year until the
                                    Maturity Date
Business Day Count/Convention:      Actual/365(fixed)        and
                                    Following Business Day

Optional Redemption Dates:          31   July   2023; 31 July 2024;
                                    31   July   2025; 31 July 2026;
                                    31   July   2027; 31 July 2028 &
                                    31   July   2029

Books Close:                        From each 26 January and 26
                                    July until the applicable
                                    Interest Payment Date

Last day to register:               By: 17:00 on 25 January and
                                    25 July 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 29 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