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New Financial Instrument Listing Announcement - “SBC130”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC130"
Stock Code: SBC130
ISIN Code: ZAG000213752
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC130 Senior Unsecured Mixed Rate Notes
28 February 2035 - 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: 19 March 2025
Nominal Issued: ZAR245,000,000
Coupon Rate: In respect of each Interest
Period from, and including:
(i) the Issue Date until, but
excluding, 28 February 2030:
three month ZAR-JIBAR-SAFEX
plus 3.00% quarterly; and
(ii) From, and including,
28 February 2030 until,
but excluding, the
Maturity Date: Fixed
10.03% semi-annually.
Coupon Indicator: Fixed Rate Notes – Fixed
Floating Rate Notes -
Floating
Interest Determination Dates: In respect of:
Fixed Rate Notes – Not
Applicable
Each 28 February, 31 May, 31
August, and 30 November of
each year (and during a leap
year, the Interest Rate
Determination Date will be
29 February rather than
28 February), commencing on
Issue Date until (but
excluding) 28 February 2030
Trade Type: Price
Issue Price: 100%
Maturity Date: 28 February 2035
Interest Commencement Date: Issue Date
First Interest Payment Date: 31 May 2025
Interest Payment Dates: In respect of:
Fixed Rate Notes - Each
28 February and 31 August of
each year until the Maturity
Date, with the first
Interest Payment Date being
31 August 2030 and during a
leap year, the Interest
Payment Date will be 29
February rather than 28
February. 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)
Floating Rate Notes –
Each 28 February, 31 May,
31 August and 30 November of
each year until (and
including) 28 February 2030,
with the first Interest
Payment Date being 31 May
2025 and during a leap year,
the Interest Payment Date
will be 29 February rather
than 28 February. 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 23 February,
26 May, 26 August, and
25 November, (and during a
leap year, the Books Closed
period will be 24 February
rather than 23 February)
until the applicable
Interest Payment Date.
Last day to register: 17h00 on 22 February,
25 May, 25 August, and
24 November of each year,
(and during a leap year,
the Last Day to Register
will be 23 February rather
than 22 February), 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 18 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: 18-03-2025 03:31:00
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