New Financial Instrument Listing Announcement - “CLN844”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN844”
Stock Code: CLN844
ISIN Code: ZAG000187451
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN844 Senior Unsecured Credit Linked
Notes due 07 September 2026 - sponsored by The Standard Bank of
South Africa Limited, under its Structured Note Programme.
Authorised Programme size ZAR80,000,000,000
Total notes issued
(including current issue) ZAR69,756,572,469.61
Full Note details are as follows:
Issue Date: 24 June 2022
Nominal Issued: ZAR70,000,000.00
Coupon Rate: Three-month ZAR-JIBAR-SAFEX
plus 1.85% as per the
Applicable Pricing
Supplement
Coupon Indicator: Floating
Interest Determination Dates: Each 07 June, 07 March
07 September and 07 December
of each year, commencing on
the Issue Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 07 September 2026
Interest Commencement Date: Issue Date
First Interest Payment Date: 07 September 2022
Interest Payment Dates: Each 07 June, 07 March,
07 September and 07 December
of each year until the
Maturity Date
Business Day Count/Convention: Actual/365(fixed) and
Following Business Day
Books Close: From each 02 June, 02 March,
02 September and 02 December
until the applicable
Interest Payment Date
Last day to register: By 17:00 on 01 June,
01 March, 01 September and
01 December 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 23 June 2022
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: 23-06-2022 11:17:00
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