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New Financial Instrument Listing Announcement - “CLN825”

Published: 2022-05-19 11:36:30 ET
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The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN825”

Stock Code: CLN825
ISIN Code: ZAG000186164

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN825 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)           ZAR66,615,485,397.61.
Full Note details are as follows:
Issue Date:                         20 May 2022
Nominal Issued:                     ZAR20,000,000
Coupon Rate:                        Fixed Notes – From, and
                                    including,    31   July    2025
                                    until (but excluding) the
                                    Maturity Date: 9.50% 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 July 2025:
                                    three-month ZAR-JIBAR-SAFEX
                                    plus   3.00%    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 July 2025
Trade Type:                        Price
Issue Price:                       100%
Maturity Date:                     31 January 2030
Interest Commencement Date:        Issue Date
First Interest Payment Date:       31 July 2022

Interest Payment Dates:            In respect of:

                                   Fixed Rate Notes – each
                                   31 January,        30 April,
                                   31 July and 31 October of
                                   each year until the Maturity
                                   Date,    with   the    first
                                   Interest Payment Date being
                                   31 October 2025

                                   Floating Rate Notes – each
                                   31 January,        30 April,
                                   31 July and 31 October of
                                   each    year   until    (and
                                   including) 31 July 2025
Business Day Count/Convention:     Actual/365(fixed)        and
                                   Following Business Day

Books Close:                       From    each     26 January,
                                   25 April,    26 July     and
                                   26 October     until     the
                                   applicable Interest Payment
                                   Date

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
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 19 May 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