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New Financial Instrument Listing Announcement - “CLN890”

Published: 2022-09-28 10:20:49 ET
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The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN890”

Stock Code: CLN890
ISIN Code: ZAG000190562

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN890 Senior Unsecured Credit Linked
Notes due 20 December 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)           ZAR 71,034,644,247.61

Full Note details are as follows:
Issue Date:                         29 September 2022
Nominal Issued:                     ZAR25,000,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus 3.10%
Coupon Indicator:                   Floating
Interest Determination Dates:       Each 20 March, 20 June, 20
                                    September and 20 December of
                                    each year, commencing on the
                                    Issue Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      22 December 2027
Interest Commencement Date:         Issue Date
First Interest Payment Date:        20 December 2022

Interest Payment Dates:             Each 20 March, 20 June, 20
                                    September and 20 December of
                                    each    year   until    (and
                                    including) the Maturity Date
Business Day Count/Convention:      Actual/365(fixed)        and
                                    Following Business Day

Optional Redemption Dates:          Not Applicable

Books Close:                        From each 15 March, 15 June,
                                    15    September,    and   15
                                    December,      until     the
                                    applicable Interest Payment
                                    Date

Last day to register:               By: 17:00 on 14 March, 14
                                    June, 14 September, and 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 28 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