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New Financial Instrument Listing Announcement - “SBC097”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC097"
Stock Code: SBC097
ISIN Code: ZAG000211988
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC097 Senior Unsecured Floating Rate
Credit Linked Notes due 20 December 2029- 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) ZAR101,436,719,108.70.
Full Note details are as follows:
Issue Date: 22 January 2025
Nominal Issued: ZAR250,000,000
Coupon Rate: three month ZAR-JIBAR-SAFEX
plus 3.70%
Coupon Indicator: Floating Rate
Interest Determination Dates: Each 20 March, 20 June, 20
September, and 20 December
of each year, commencing on
Issue Date until the
Maturity Date.
Trade Type: Price
Issue Price: 100%
Maturity Date: 20 December 2029
Interest Commencement Date: Issue Date
First Interest Payment Date: 20 March 2025
Interest Payment Dates: Each 20 March, 20 June, 20
September, and 20 December
of each year until the
Maturity Date, with the
first Interest Payment Date
being 20 March 2025, or, if
such day is not a Business
Day, the Business Day on
which the interest will be
paid, as determined in
accordance with the
applicable Business Day
Convention (as specified in
this Applicable Pricing
Supplement).
Business Day Count/Convention: Actual/365(Fixed) and
Following Business Day
Books Close: The "books closed period"
(during which the Register
will be closed) will be from
each 15 March, 15 June, 15
September, and 15 December
until the applicable
Interest Payment Date.
Last day to register: 17h00 on 14 March, 14 June,
14 September, and 14
December, 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 21 January 2025
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: 21-01-2025 03:07:00
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