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New Financial Instrument Listing Announcement - “CLN849”
2022/06/27 11:20:00Download PDF Stock report
New Financial Instrument Listing Announcement - “CLN849” The Standard Bank of South Africa Limited New Financial Instrument Listing Announcement - “CLN849” Stock Code: CLN849 ISIN Code: ZAG000187642 The JSE Limited has granted a listing to The Standard Bank of South Africa Limited – CLN849 Senior Unsecured Mixed Rate Credit Linked Notes due 31 March 2032 - sponsored by The Standard Bank of South Africa Limited, under its Structured Note Programme. Authorised Programme size ZAR80,000,000,000 Total notes issued (including current issue) ZAR70,090,672,469.61 Full Note details are as follows: Issue Date: 28 June 2022 Nominal Issued: ZAR 50,000,000 Coupon Rate: Fixed Notes – From, and including, 31 March 2029 until (but excluding) the Maturity Date: 7.30% per annum payable quarterly in arrears, as per the Applicable Pricing Supplement Floating Rate Notes - From, and including, the Interest Commencement Date to, but excluding, 31 March 2029: three-month ZAR-JIBAR-SAFEX plus 3.00% as per the Applicable Pricing Supplement Coupon Indicator: Fixed Rate Notes – Fixed Floating Rate Notes - Floating Interest Determination Dates: In respect of: Fixed Rate Notes – Not Applicable Floating Rate Notes - Each 31 March, 30 June, 30 September and 31 December of each year, commencing on the Issue Date until (but excluding) 31 March 2029 Trade Type: Price Issue Price: 100% Maturity Date: 31 March 2032 Interest Commencement Date: Issue Date First Interest Payment Date: 30 September 2022 Interest Payment Dates: In respect of: Fixed Rate Notes – 31 March, 30 June, 30 September and 31 December of each year until the Maturity Date, with the first Interest Payment Date being 30 June 2029 Floating Rate Notes – each 31 March, 30 June, 30 September and 31 December of each year until (and including) 31 March 2029 Business Day Count/Convention: Actual/365(fixed) and Following Business Day Last day to register: By: 17:00 on 25 March, 24 June, 24 September and 25 December of each year, or if such day is not a Business Day, the Business Day before each Books Closed Period Books Close: From each 26 March, 25 June, 25 September and 26 December until the applicable Interest Payment Date Optional Call Date: 31 March 2029 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 27 June 2022 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: 27-06-2022 11:20:00 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.