| Wed 9 Apr 2025, 10:32 | | New Financial Instrument Listing Announcement - “SBC141 |
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New Financial Instrument Listing Announcement - “SBC141
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC141"
Stock Code: SBC141
ISIN Code: ZAG000214560
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC141 Senior Unsecured Floating Rate
Credit Linked Notes due 31 January 2037 - 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) ZAR107 292 151 102.70.
Full Note details are as follows:
Issue Date: 09 April 2025
Nominal Issued: ZAR85,000,000
Coupon Rate: 20.22% minus three-month ZAR
JIBAR SAFEX
Coupon Indicator: Floating Rate
Interest Determination Dates: Determination Each 31
January, 30 April, 31 July
and 31 October of Date(s)
each year, commencing on the
Issue Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 31 January 2037
Interest Commencement Date: Issue Date
First Interest Payment Date: 30 April 2025
Interest Payment Dates: Each 31 January, 30 April,
31 July and 31 October of
each year until the Maturity
Date, with the first
Interest Payment Date being
30 April 2025 or, if 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 26 January, 25 April,
26 July, and 26 October,
until the applicable
Interest Payment Date
Last day to register: 17h00 on 25 January, 24
25 July and 25
October Period 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 09 April 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: 09-04-2025 10:32:00
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