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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SBC140?

Release Date: 09/04/2025 12:23
Code(s): SBC140     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SBC140”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - "SBC140"

Stock Code: SBC140
ISIN Code: ZAG000214537

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC140 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           ZAR150,000,000,000
Total notes issued
(including current issue)           ZAR 108,338,494,229.70.

Full Note details are as follows:
Issue Date:                         10 April 2025
Nominal Issued:                     ZAR1,000,000,000

Coupon Rate:                        three-month   ZAR-JIBAR-SAFEX
                                    Plus 1.75%

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 September 2033
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, 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 Period
                                    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 09 April 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: 09-04-2025 12:23:00
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