| Mon 14 Apr 2025, 10:30 | | New Financial Instrument Listing Announcement - “SBC151” |
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New Financial Instrument Listing Announcement - “SBC151”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - "SBC151"
Stock Code: SBC151
ISIN Code: ZAG000214800
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SBC151 Fixed Rate Listed Notes due
28 February 2035 - 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) ZAR111,140,893,951.70.
Full Note details are as follows:
Issue Date: 15 April 2025
Nominal Issued: ZAR135,114,849
Coupon Rate: 8.875% per annum payable
semi-annually in arrears
Coupon Indicator: Fixed Rate
Interest Determination Dates: Not Applicable
Trade Type: Price
Issue Price: 74.01111%
Maturity Date: 28 February 2035
Interest Commencement Date: 28 February 2025
First Interest Payment Date: 31 August 2025
Interest Payment Dates: Each 28 February and
31 August of each year until
the Maturity Date, with the
first Interest Payment Date
being 31 August 2025 and
during a leap year, the
Interest Payment Date will
be 29 February rather than
28 February. 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: Not Applicable and Following
Business Day Convention.
Books Close: The Books Closed Period
(during which the Register
will be closed) will be from
each 23 February and
26 August, (and during a
leap year, the Books Closed
period will be 24 February
rather than 23 February),
until the applicable
Interest Payment Date
Last day to register: 17h00 on 22 February and
25 August, (and during a
leap year, the Last Day to
Register will be 23 February
rather than 22 February) 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 14 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: 14-04-2025 10:30:00
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