| Fri 28 Mar 2025, 11:12 | | New Financial Instrument Listing Announcement - “SBC136” |
|
New Financial Instrument Listing Announcement - “SBC136”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC136"
Stock Code: SBC136
ISIN Code: ZAG000214230
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC136 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) ZAR106,794,203,429.70.
Full Note details are as follows:
Issue Date: 31 March 2025
Nominal Issued: ZAR500,000,000
Coupon Rate: three-month ZAR-JIBAR-SAFEX
plus 1.70%
Coupon Indicator: Floating Rate
Interest Determination Dates: Each 20 March, 20 June, 20
September, and 20 December
of each year, commencing on
the Issue Date until (and
including) the Maturity
Date.
Trade Type: Price
Issue Price: 100%
Maturity Date: 20 September 2033
Interest Commencement Date: Issue Date
First Interest Payment Date:
Interest Payment Dates: Each 20 March, 20 June, 20
September, and 20 December
of each year until (and
including the Maturity Date,
with the first Interest
Payment Date being 20 June
2024. If any 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
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 28 March 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: 28-03-2025 11:12:00
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.
