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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBC079?

Release Date: 25/09/2024 16:52
Code(s): SBC079     PDF:  
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New Financial Instrument Listing Announcement - “SBC079”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - "SBC079"

Stock Code: SBC079
ISIN Code: ZAG000209073

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC079 Senior Unsecured Floating Rate
Credit Linked Notes due 31 March 2032- 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)           ZAR97 473 071 453,19

Full Note details are as follows:
Issue Date:                         26 September 2024
Nominal Issued:                     ZAR1,000,000,000

Coupon Rate:                        Floating at 3m J + 170bps

Coupon Indicator:                   Floating Rate


Interest Determination Dates:       Each 31 March, 30 June, 30
                                    September, and 31 December
                                    of each year, commencing on
                                    the Issue Date until (but
                                    excluding)   the   Maturity
                                    Date.


Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      31 March 2032
Interest Commencement Date:         Issue Date
First Interest Payment Date:        31December 2024

Interest Payment Dates:             Each 31 March, 30 June, 30
                                    September, and 31 December
                                    of each year until the
                                    Maturity Date with the first
                                    Interest Payment Date being
                                    31December 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 26 March, 25 June, 25
                                    September, and 26 December,
                                    until     the      applicable
                                    Interest Payment Date.

Last day to register:               17h00 on 25 March, 24 June,
                                    24 September, and    25
                                    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 04:52:00
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