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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBC132?

Release Date: 19/03/2025 11:20
Code(s): SBC132     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SBC132”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - "SBC132"

Stock Code: SBC132
ISIN Code: ZAG000213778

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC132 Senior Unsecured Floating Rate
Credit Linked Notes due 20 June 2030 - sponsored by The Standard
Bank of South Africa Limited, under its Structured Note
Programme.

Authorised Programme size           ZAR150,000,000,000
Total notes issued
(including current issue)           ZAR105 711 203 429,70.

Full Note details are as follows:
Issue Date:                         20 March 2025
Nominal Issued:                     ZAR120,000,000

Coupon Rate:                        three-month    ZAR-JIBAR-SAFEX
                                    Plus 2.40%


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 2030
Interest Commencement Date:         Issue Date
First Interest Payment Date:        20 June 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 June 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 19 March 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: 19-03-2025 11:20:00
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