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New Financial Instrument Listing Announcement - “SBC122”

Published: 2025-03-06 13:20:25 ET
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The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SBC122”

Stock Code: SBC122
ISIN Code: ZAG000213190

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC122 Senior Unsecured Floating Rate
Credit Linked Notes due 20 June 2030 - 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)           ZAR103,126,603,429.70.

Full Note details are as follows:
Issue Date:                         06 March 2025
Nominal Issued:                     ZAR75,000,000

Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    Plus 1.68%


Coupon Indicator:                   Floating Rate


Interest Determination Dates:       Each 20 March, 20 June, 20
                                    September, and 20 December
                                    of each year, commencing on
                                    the Issue Date until (but
                                    excluding) the Maturity Date


Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      20 June 2030
Interest Commencement Date:         Issue Date
First Interest Payment Date:

Interest Payment Dates:             Each 20 March, 20 June, 20
                                    September, and 20 December
                                    of each year until the
                                    Maturity   Date,  with  the
                                    first Interest Payment Date
                                    being 20 June 2025. if such
                                    day is not a Business Day,
                                    the Business Day on which
                                   the interest will be paid,
                                   as determined in accordance
                                   with the applicable Business
                                   Day Convention (as specified
                                   in this Applicable Pricing
                                   Supplement).


Business Day Count/Convention:     Actual/365(Fixed)          and
                                   Following Business Day


Books Close:                        The Books Closed Period
                                   (during which the Register
                                   will be closed) will be from
                                   each 15 March, 15 June, 15
                                   September and 15 December,
                                   until     the     applicable
                                   Interest Payment Date.

Last day to register:               17h00 on 14 March, 14 June,
                                   14 September, and Period 14
                                   December 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 06 March 2025
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