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New Financial Instrument Listing Announcement - “CLN893”

Published: 2022-09-30 10:59:30 ET
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The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN893”

Stock Code: CLN893
ISIN Code: ZAG000190679

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN893 Senior Unsecured Mixed Rate Credit
Linked Notes due 30 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)           ZAR71,224,644,247.61.
Full Note details are as follows:
Issue Date:                         03 October 2022
Nominal Issued:                     ZAR30,000,000
Coupon Rate:                        Fixed Notes – From, and
                                    including,    31   July    2025
                                    until (but excluding) the
                                    Maturity Date: 10.00% 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 October 2022

Interest Payment Dates:           In respect of:

                                  Fixed   Rate    Notes   –   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

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

Books Close:                      From each 26 January, 25
                                  April,   26  July   and  26
                                  October,      until     the
                                  applicable Interest Payment
                                  Date
Optional Call Date:               31 July 2025

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 30 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