JSE Sens
New Financial Instrument Listing Announcement
2021/05/11 10:00:00Download PDF Stock report
New Financial Instrument Listing Announcement The Standard Bank of South Africa Limited New Financial Instrument Listing Announcement - “CLN744” Stock Code: CLN744 ISIN Code: ZAG000176330 The JSE Limited has granted a listing to The Standard Bank of South Africa Limited – CLN744 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) ZAR48,312,652,926.83 Full Note details are as follows: Issue Date: 12 May 2021 Nominal Issued: ZAR400,000,000 Coupon Rate: Three-month ZAR-JIBAR-SAFEX plus 3.17%, capped at 10.39% as per the Applicable Pricing Supplement; Coupon Indicator: Floating Interest Determination Dates: Each 31 January, 30 April, 31 July and 31 October of each year, commencing on the 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 2021 Interest Payment Dates: Each 31 January, 30 April, 31 July and 31 October of each year until the Maturity Date Business Day Count/Convention: Actual/365 (Fixed) and Following Business Day Books Close: Each 26 January, 25 April, 26 July and 26 October of each year, until the applicable Interest Payment Date Last day to register: 17h00 on 25 January, 24 April, 25 July and 25 October of each year, until the Maturity Date, 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 11 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: 11-05-2021 10:00:00 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.