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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN731

Release Date: 25/11/2020 11:07
Code(s): CLN731     PDF:  
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New Financial Instrument Listing Announcement - CLN731

The Standard Bank of South Africa Limited

New Financial Instrument Listing Announcement - “CLN731”

Stock Code: CLN731
ISIN Code: ZAG000172941

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN731 Senior Unsecured Fixed Rate Credit
Linked Notes due 31 January 2037 - 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)           ZAR48,397,773,271.83.
Full Note details are as follows:
Issue Date:                         26 November 2020
Nominal Issued:                     ZAR40,000,000
Coupon Rate:                        8.5%, as per the Applicable
                                    Pricing Supplement
Coupon Indicator:                   Fixed

Interest Determination Dates:       Each 31 January and 31 July
                                    of each year until the
                                    Maturity   Date,  with   the
                                    first     Interest      Rate
                                    Determination Date being the
                                    Interest Commencement Date
Trade Type:                         Price
Issue Price:                        85.45105%
Maturity Date:                      31 January 2037
Interest Commencement Date:         31 July 2020
First Interest Payment Date:        31 January 2021
Interest Payment Dates:             Each 31 January and 31 July
                                    of each year until the
                                    Maturity Date
Business Day Convention:            Following Business Day
Books Close:                        Each 26 January and 26 July
                                    until     the     applicable
                                    Interest Payment Date
Last day to register:               17h00 on 25 January and
                                    25 July 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 25 November 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: 25-11-2020 11:07:00
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