Enhanced Investments - Financial Portal

New Financial Instrument Listing Announcement - “CLN900”

Published: 2022-10-24 09:22:24 ET

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN900”

Stock Code: CLN900
ISIN Code: ZAG000191263

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN900 Senior Unsecured Credit Linked
Notes due 31 March 2036- 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)           ZAR69,909,086,247.61
Full Note details are as follows:
Issue Date:                         25 October 2022
Nominal Issued:                     ZAR55,000,000
Coupon Rate:                        6.25%   per   annum  payable
                                    semi-annually in arrears, as
                                    per the Applicable Pricing
                                    Supplement
Coupon Indicator:                   Fixed
Interest Determination Dates:       Not Applicable
Trade Type:                         Price
Issue Price:                        64.36711%
Maturity Date:                      31 March 2036
Interest Commencement Date:         30 September 2022
First Interest Payment Date:        31 March 2023

Interest Payment Dates:             Each   31   March   and   30
                                    September of each year until
                                    the Maturity Date


Business Day Count/Convention:      Actual/365(fixed)        and
                                    Following Business Day

Optional Redemption Dates:          30   September    2024,   30
                                    September 2026, 30 September
                                    2028, 30 September 2029, 30
                                    September 2031, 30 September
                                    2033, and 30 September 2035


Books Close:                        From each 21 March and 20
                                    September,     until    the
                                    applicable Interest Payment
                                    Date
Last day to register:              By: 17h00 on 20 March and 19
                                   September 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 24 October 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

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

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Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.