New Financial Instrument Listing Announcement - “CLN907”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN907”
Stock Code: CLN907
ISIN Code: ZAG000191842
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN907 Senior Unsecured Floating Rate
Credit Linked Notes due 20 December 2027 - 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) ZAR69,764,245,892.61
Full Note details are as follows:
Issue Date: 11 November 2022
Nominal Issued: ZAR50,000,000
Coupon Rate: Three-month ZAR-JIBAR-SAFEX
plus 5.68%, as per the
Pricing Supplement
Coupon Indicator: Floating
Interest Determination Dates: Each 20 March, 20 June, 20
September and 20 December of
each year commencing on the
Issue Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 20 December 2027
Interest Commencement Date: Issue Date
First Interest Payment Date: 20 December 2022
Interest Payment Dates: Each 20 March, 20 June, 20
September and 20 December of
each year until the Maturity
Date
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Books Close: From 15 March, 15 June,15
September and 15 December of
each year until the
applicable Interest Payment
Date
Last day to register: By: 17h00 on 14 March, 14
June, 14 September and 14
December of each year, 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 10 November 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
Date: 10-11-2022 12:20:00
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