Try our mobile app
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN891”
Stock Code: CLN891
ISIN Code: ZAG000190489
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN891 Senior Unsecured Credit Linked
Notes due 16 September 2025 - 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) ZAR70,944,644,247.61
Full Note details are as follows:
Issue Date: 29 September 2022
Nominal Issued: ZAR60,000,000
Coupon Rate: 11.74% per annum payable
semi-annually in arrears
Coupon Indicator: Fixed
Interest Determination Dates: Not Applicable
Trade Type: Price
Issue Price: 100%
Maturity Date: 20 December 2027
Interest Commencement Date: 29 September 2022
First Interest Payment Date: 20 December 2022
Interest Payment Dates: Each 20 June and 20 December
of each year until the
Maturity Date
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Books Close: From each 15 June and 15
December, until the
applicable Interest Payment
Date
Last day to register: By: 17:00 on 14 June 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
