New Financial Instrument Listing Announcement - “SBC026”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC026"
Stock Code: SBC026
ISIN Code: ZAG000204280
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC026 Senior Unsecured Floating Rate
Credit Linked Notes due 31 March 2025- 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) ZAR84, 854, 086, 702.40
Full Note details are as follows:
Issue Date: 08 April 2024
Nominal Issued: ZAR562,732,127
Coupon Rate: Not Applicable. The
provisions of paragraph 85
shall apply
Coupon Indicator: Not Applicable. The
provisions of paragraph 85
shall apply
Interest Determination Dates: Not Applicable. The
provisions of paragraph 85
shall apply
Trade Type: Price
Issue Price: 79.967%
Maturity Date: 31 March 2025
Interest Commencement Date: Not Applicable. The
provisions of paragraph 85
shall apply
First Interest Payment Date: Not Applicable. The
provisions of paragraph 85
shall apply
Interest Payment Dates: Not Applicable. The
provisions of paragraph 85
shall apply
Business Day Count/Convention: Actual/365(Fixed) and
Following Business Day
Books Close: 25 March 2025, until the
Maturity Date.
Last day to register: 17h00 on 24 March 2025,
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 05 April 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: 05-04-2024 11:45:00
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