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