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New Financial Instrument Listing Announcement - “CLN691”

2020/06/30 10:30:00

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                    New Financial Instrument Listing Announcement - “CLN691”

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN691”

Stock Code: CLN691
ISIN Code: ZAG000169194

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN691 Senior Unsecured Floating Rate
Credit Linked Notes due 26 September 2023 - sponsored by The
Standard Bank of South Africa Limited (acting through its
Corporate and Investment Banking Division), under its Structured
Note Programme.

Authorised Programme size           ZAR60,000,000,000
Total notes issued
(including current issue)           ZAR47,199,410,265.93
Full Note details are as follows:
Issue Date:                         01 July 2020
Nominal Issued:                     ZAR75,000,000
Coupon Rate:                        Three-month ZAR-JIBAR-SAFEX
                                    plus 1.58%, as per the
                                    Applicable          Pricing
                                    Supplement.
Coupon Indicator:                   Floating

Interest Determination Dates:       Each   26 March,    26 June,
                                    26 September and 26 December
                                    of each year, commencing on
                                    the Issue Date until the
                                    Maturity Date
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      26 September 2023
Interest Commencement Date:         Issue Date
First Interest Payment Date:        26 September 2020
Interest Payment Dates:             Each   26 March,    26 June,
                                    26 September and 26 December
                                    of each year until the
                                    Maturity Date
Business Day Count/Convention:      Actual/365    (fixed)    and
                                    Following Business Day
Books Close:                        Each   21 March,    21 June,
                                    21 September and 21 December
                                    of each year, until the
                                    applicable Interest Payment
                                    Date
Last day to register:               17h00 on 20 March, 20 June,
                                    20 September and 20 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 30 June 2020
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: 30-06-2020 10:30:00
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