To view the PDF file, sign up for a MySharenet subscription.

THE STANDARD BANK OF SOUTH AFRICA LIMITED - Tap Issue Announcement - CLN743?

Release Date: 04/05/2021 11:25
Code(s): CLN743     PDF:  
Wrap Text
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.

Share This Story