To view the PDF file, sign up for a MySharenet subscription.

THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN952?

Release Date: 22/05/2023 11:46
Code(s): CLN952     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “CLN952”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN952”

Stock Code: CLN952
ISIN Code: ZAG000196239

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN952 Senior Unsecured Floating Rate
Notes due 23 September 2026 - 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)           ZAR80,233,681,081.61
Full Note details are as follows:
Issue Date:                         22 May 2023
Nominal Issued:                     ZAR50,000,000
Coupon Rate:                        Floating Rate Notes – From,
                                    and including, the Issue
                                    Date until, but excluding,
                                    23 September 2026: three
                                    month ZAR-JIBAR-SAFEX plus
                                    2.80%; and

Coupon Indicator:                   Floating   Rate      Notes   -
                                    Floating


Interest Determination Dates:       Each 23 March, 23 June, 23
                                    September and 23 December of
                                    each year, with the first
                                    Interest Rate Determination
                                    Date being the Issue Date.
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      23 September 2026
Interest Commencement Date:         Issue Date
First Interest Payment Date:        23 June 2023

Interest Payment Dates:             Each 23 March, 23 June, 23
                                    September and 23 December of
                                    each    year    until    (and
                                    including)    23    September
                                    2026,    with    the    first
                                    Interest Payment Date being
                                    23 June 2023.
Business Day Count/Convention:      Actual/365(Fixed)        and
                                    Following Business Day
Books Close:                        From 18 March, 18 June, 18
                                    September and 18 December
                                    until     the     applicable
                                    Interest Payment Date
Last day to register:               17h00 on 17 March, 17 June,
                                    17 September and 17
                                    December of each year until
                                    the Maturity Date. 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 22 May 2023
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: 22-05-2023 11:46:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.