Enhanced Investments - Financial Portal

The Standard Bank of South Africa Limited - Notification of update of the Issuer’s Structured Note Programme

Published: 2025-01-17 14:00:00 ET

The Standard Bank of South Africa Limited
Incorporated in the Republic of South Africa
(Registration number 1962/000738/06)
(“the Issuer”)

Notification of Update of the Issuer’s Structured Note Programme

In terms of paragraph 6.20 of the JSE Debt and Specialist
Securities Listings Requirements, Noteholders are advised that
the Issuer’s Structured Note Programme has been updated. The
updated document, dated 20 December 2024, which was formally
approved by the JSE on 09 January 2025, together with the
“Issuer   Disclosure  Schedule”   and   "Risk   Factor  & Other
Disclosures Schedule" (as such terms are described below) is
available for inspection on the Issuer’s website below:

https://reporting.standardbank.com/debt-investors/debt-securities/debt-securities/

A summary of the relevant                  changes     to    the    Structured       Note
Programme are as follows –


•     Inclusion of two additional Early Redemption events, namely
      “Increased Cost of Hedging” and “Hedging Disruption Event”.
•     Inclusion of Credit Linked Condition 20 (“Amendments in
      Accordance with Market Convention”) in Annex 1 (Additional
      Terms and Conditions for Credit Linked Notes) to align with
      prevailing market standards, market trading conventions,
      determinations or announcements of ISDA or the Credit
      Derivatives Determinations Committee, protocols, applicable
      law or regulation or the rules of any exchange or clearing
      system.
Prospective investors should study the updated Structured Note
Programme for full details of the relevant changes.
Dated 17 January 2025
Debt Sponsor – The Standard Bank of South Africa Limited

For further information please contact:
Johann Erasmus           SBSA (Debt 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.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
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.