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Tap Issue Announcement - “CLN743”
2021/05/04 11:25:00Download PDF Stock report
Tap Issue Announcement - “CLN743” The Standard Bank of South Africa Limited Tap Issue Announcement - “CLN743” Stock Code: CLN743 ISIN Code: ZAG000176025 The JSE Limited has granted to The Standard Bank of South Africa Limited a tap issuance of CLN743 Senior Unsecured Floating Rate Credit Linked Notes due 31 January 2030 - 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) ZAR47,217,652,926,83. Full Note details are as follows: Tap Issue Date: 05 May 2021 Tap Amount: ZAR55,000,000 Aggregate Nominal Issued (under Series No. 797): ZAR255,400,000 Coupon Rate: Three-month ZAR-JIBAR-SAFEX + 1.76%, paid quarterly Coupon Indicator: Floating basis Trade Type: Price Maturity Date: 31 January 2030 First Interest Payment Date: 31 July 2021 Interest Payment Dates: Each 31 January, 30 April, 31 July and 31 October until the Maturity Date Business Day Convention: Following Business Day Books Close: From each 26 January, 25 April, 26 July and 26 October of each year until the applicable Interest Payment Date Last day to register: By: 17h00 on 25 January, 24 April, 25 July and 25 October of each year Interest Commencement Date: 29 April 2021 Placement Agent: The Standard Bank of South Africa Limited 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 04 May 2021 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: 04-05-2021 11:25:00 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.