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

THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBC101?

Release Date: 04/02/2025 16:43
Code(s): SBC101     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SBC101”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - "SBC101"

Stock Code: SBC101
ISIN Code: ZAG000212234

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC101 Senior Unsecured Floating Rate
Credit Linked Notes due 20 June 2034- 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)           ZAR102 683 084 429,70

Full Note details are as follows:
Issue Date:                         05 February 2025
Nominal Issued:                     ZAR630,000,000

Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus 1.75%

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 June 2034
Interest Commencement Date:         Issue Date
First Interest Payment Date:        20 March 2024

Interest Payment Dates:             20   March,   20   June,   20
                                    September, 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 of each year, 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 04 February 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: 04-02-2025 04:43:00
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.