| Wed 7 Oct 2020, 10:20 | | New Financial Instrument Listing Announcement - “CLN719” |
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New Financial Instrument Listing Announcement - “CLN719”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN719”
Stock Code: CLN719
ISIN Code: ZAG000171596
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN719 Senior Unsecured Floating Rate
Credit Linked Notes due 11 September 2026 - sponsored by The
Standard Bank of South Africa Limited (acting through its
Corporate and Investment Banking Division), under its Structured
Note Programme.
Authorised Programme size ZAR60,000,000,000
Total notes issued
(including current issue) ZAR48,450,547,040.93
Full Note details are as follows:
Issue Date: 08 October 2020
Nominal Issued: ZAR75,000,000
Coupon Rate: Three-month ZAR-JIBAR-SAFEX
plus 1.25%, as per the
Applicable Pricing
Supplement.
Coupon Indicator: Floating
Interest Determination Dates: Each 11 March, 11 June,
11 September and 11 December
of each year, commencing on
the Issue Date until the
Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 11 September 2026
Interest Commencement Date: Issue Date
First Interest Payment Date: 11 December 2020
Interest Payment Dates: Each 11 March, 11 June,
11 September and 11 December
of each year until the
Maturity Date
Business Day Count/Convention: Actual/365 (fixed) and
Following Business Day
Books Close: Each 06 March, 06 June,
06 September and 06 December
of each year, until the
applicable Interest Payment
Date
Last day to register: 17h00 on 05 March, 05 June,
05 September and 05 December
of each year, until the
Maturity Date, 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 07 October 2020
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: 07-10-2020 10:20:00
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