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New Financial Instrument Listing Announcement - “SBC039”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC039"
Stock Code: SBC039
ISIN Code: ZAG000206236
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC039 Senior Unsecured Floating Rate
Credit Linked Notes due 28 February 2035- sponsored by The
Standard Bank of South Africa Limited, under its Structured Note
Programme.
Authorised Programme size ZAR120,000,000,000
Total notes issued
(including current issue) ZAR90,188,739,592.37
Full Note details are as follows:
Issue Date: 18 June 2024
Nominal Issued: ZAR1,250,000,000
Coupon Rate: three month ZAR-JIBAR-SAFEX
plus 2.02% , as per the
Pricing Supplement
Coupon Indicator: Floating Rate
Interest Determination Dates: Each 28 February, 31 May, 31
August, and 30 November of
each year (and during a leap
year, the Interest Rate
Determination Date will be
29 February rather than 28
February), commencing on
Issue Date until (but
excluding) the Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 28 February 2035
Interest Commencement Date: Issue Date
First Interest Payment Date: 31 August 2024
Interest Payment Dates: Each 28 February, 31 May, 31
August, and 30 November of
each year until the Maturity
Date, with the first
Interest Payment Date being
31 August 2024 and during a
leap year, the Interest
Payment Date will be 29
February rather than 28
February.
Business Day Count/Convention: Actual/365(Fixed.
Books Close: From each 23 February, 26
May, 26 August and 25
November of each year (and
during a leap year, the
Books Closed period will be
24 February rather than 23
February), until the
applicable Interest Payment
Date.
Last day to register: 17h00 on 22 February, 25
May, 25 August and 24
November of each year (and
during a leap year, the Last
Day to Register will be 23
February rather than 22
February), or 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 17 June 2024
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
Date: 14-06-2024 08:55:00
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