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New Financial Instrument Listing Announcement - “SSN178”

Published: 2022-09-27 10:52:39 ET
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The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “SSN178”

Stock Code: SSN178
ISIN Code: ZAG000190422

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN178 Senior Unsecured Floating Rate
Notes due 28 September 2027 - 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)           ZAR71,044,744,247.61
Full Note details are as follows:
Issue Date:                         28 September 2022
Nominal Issued:                     ZAR 100,000,000
Coupon Rate:                        17.65%   minus   Three-month
                                    ZAR-JIBAR-SAFEX as per the
                                    Applicable           Pricing
                                    Supplement
Coupon Indicator:                   Floating

Interest Determination Dates:       Each   28 March,    28 June,
                                    28 September,            and
                                    28 December of each year,
                                    commencing on the Issue Date
                                    until the Maturity Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      28 September 2027
Interest Commencement Date:         Issue Date
First Interest Payment Date:        28 December 2022

Interest Payment Dates:             Each    28 March,   28 June,
                                    28 September,            and
                                    28 December of each year
                                    until the Maturity Date


Business Day Count/Convention:      Actual/365(fixed)        and
                                    Following Business Day
Books Close:                        23    March,    23     June,
                                    23 September,            and
                                    23 December    until     the
                                    applicable Interest Payment
                                    Date
Last day to register:               By 17h00 on 22 March,
                                    22 June, 22 September, and
                                   22 December of each year
                                   until the Maturity Date. If
                                   such day is not a Business
                                   Day, the business Day
                                   before each Books Closed
                                   Period until    the
                                   Maturity Date

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 27 September 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