| Thu 11 Feb 2021, 12:08 | | New Financial Instrument Listing Announcement - CLN735 |
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New Financial Instrument Listing Announcement - CLN735
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN735”
Stock Code: CLN735
ISIN Code: ZAG000174087
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN735 Senior Unsecured Floating Rate
Credit Linked Notes due 12 February 2022 - 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) ZAR45,419,861,926.83
Full Note details are as follows:
Issue Date: 12 February 2021
Nominal Issued: ZAR80,000,000
Coupon Rate: Three-month ZAR-JIBAR-SAFEX
plus 2.75% as per the
Applicable Pricing
Supplement
Coupon Indicator: Floating
Interest Determination Dates: Each 12 February, 12 May, 12
August and 12 November of
each year, commencing on the
Issue Date until the
Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 12 February 2022
Interest Commencement Date: Issue Date
First Interest Payment Date: 12 May 2021
Interest Payment Dates: Each 12 February, 12 May, 12
August and 12 November of
each year until the Maturity
Date
Business Day Count/Convention: Actual/365 (fixed) and
Following Business Day
Books Close: Each 07 February, 07 May,
07 August and 07 November,
until the applicable
Interest Payment Date
Last day to register: 17h00 on 06 February,
06 May, 06 August and
06 November 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 11 February 2021
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: 11-02-2021 12:08:00
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