| Thu 15 May 2025, 9:36 | | New Financial Instrument Listing Announcement - “SBC156” |
|
New Financial Instrument Listing Announcement - “SBC156”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - SBC156
Stock Code: SBC156
ISIN Code: ZAG000215674
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited SBC156 Senior Unsecured Floating Rate
Credit Linked Notes due 31 January 2030 - 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) ZAR112,293,412,951.70.
Full Note details are as follows:
Issue Date: 16 May 2025
Nominal Issued: ZAR449,000,000
Coupon Rate: three-month ZAR-JIBAR-SAFEX
Plus 1.78%
Coupon Indicator: Floating Rate
Interest Determination Dates: Each 31 January, 30 April,
31 July and 31 October of
each year, commencing on
Issue Date until the
Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 31 January 2030
Interest Commencement Date: Issue Date
First Interest Payment Date: 31 July 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
31 July 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:
(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
April, 25 July and 25
October, 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.
settlement will take place electronically in terms of JSE Rules.
Dated 15 May 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: 15-05-2025 09:36:00
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.
