| Thu 10 Jun 2021, 10:30 | | New Financial Instrument Listing Announcement - “SSN120” |
|
New Financial Instrument Listing Announcement - “SSN120”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN120”
Stock Code: SSN120
ISIN Code: ZAG000177171
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN120 Senior Unsecured Stepped Floating
Rate Note due 11 June 2026 - sponsored by The Standard Bank of
South Africa Limited, under its Structured Note Programme.
Authorised Programme size ZAR60,000,000,000
Total notes issued
(including current issue) ZAR48,464,301,719.55
Full Note details are as follows
Issue Date: 11 June 2021
Nominal Issued: ZAR750,000,000
Coupon Rate: Three-month ZAR-JIBAR-SAFEX
plus a spread as per the
Applicable Pricing
Supplement
Coupon Indicator: Floating
Interest Rate Determination Date: 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 June 2026
Interest Commencement Date: Issue Date
First Interest Payment Date: 11 September 2021
Interest Payment Date: 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
Modified Following Business
Day
Step up dates: Each 11 March, 11 June,
11 September and 11 December
of each year until the
Maturity Date, as per the
Applicable Pricing Supplement
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: By: 17h00 on each 05 March,
05 June, 05 September and
05 December of each year
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 10 June 2021
Sponsor – The Standard Bank of South Africa Limited
For further information on the Note issued please contact:
Johann Erasmus SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za
Date: 10-06-2021 10:30:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.
