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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBC082?

Release Date: 25/09/2024 13:00
Code(s): SBC082     PDF:  
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New Financial Instrument Listing Announcement - “SBC082”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - "SBC082"

Stock Code: SBC082
ISIN Code: ZAG000209156

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC082 Senior Unsecured Floating Rate
Credit Linked Notes due 20 September 2033- 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)           ZAR 97 671 071 453,19

Full Note details are as follows:
Issue Date:                         26 September 2024
Nominal Issued:                     ZAR150,000,000

Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus 1.81%

Coupon Indicator:                   Floating Rate


Interest Determination Dates:       Each 20 March, 20 June, 20
                                    September, and 20 December
                                    of each year, commencing on
                                    the Issue Date until (but
                                    excluding)   the   Maturity
                                    Date.


Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      20 September 2033
Interest Commencement Date:         Issue Date
First Interest Payment Date:        20 December 2024

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 December 2024. 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 25 September 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: 25-09-2024 01:00:00
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