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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBC093?

Release Date: 18/12/2024 15:22
Code(s): SBC093     PDF:  
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New Financial Instrument Listing Announcement - “SBC093”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - "SBC093"

Stock Code: SBC093
ISIN Code: ZAG000211574

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC093 Senior Unsecured Floating Rate
Credit Linked Notes due 31 January 2037- 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)           ZAR102,550,864,612.19.

Full Note details are as follows:
Issue Date:                         19 December 2024
Nominal Issued:                     ZAR220,000,000

Coupon Rate:                        18.47% minus three month
                                    ZAR-JIBAR-SAFEX per   the
                                    Applicable        Pricing
                                    Supplement

Coupon Indicator:                   Floating Rate


Interest Determination Dates:       Each 31 January, 30 April,
                                    31 July and 31 October of
                                    each year, commencing on the
                                    Issue Date.


Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      31 January 2037
Interest Commencement Date:         Issue Date
First Interest Payment Date:        31 January 2025

Interest Payment Dates:             Each 31 January, 30 April,
                                    31 July and 31 October of
                                    each year until the Maturity
                                    Date,    with   the    first
                                    Interest Payment Date being
                                    31 January 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 26 January, 25 April,
                                    26 July, and 26 October,
                                    until     the      applicable
                                    Interest Payment Date.

Last day to register:               17h00 on 25 January, 24
                                    April, 25 July and 25
                                    October of each year, or if
                                    such day is not a Business
                                    Day, the Business Day before
                                    each Books Closed Period
                                    until the Maturity Date.


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 18 December 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: 18-12-2024 03:22:00
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