Standard Bank Group Limited: JSE Limited Grants Listing to Standard Bank for New Financial Instrument

The JSE Limited has granted a listing to The Standard Bank of South Africa Limited for SBC087 Senior Unsecured Floating Rate Credit Linked Notes, due 31 January 2037. These notes are sponsored by The Standard Bank of South Africa Limited under its Structured Note Programme, with an authorised programme size of ZAR 120 billion. The total notes issued, including the current issuance, amount to ZAR 99.7 billion.   Full Note Details: Issue Date: 16 October 2024 Nominal Issued: ZAR 750 million Coupon Rate: Three-month ZAR-JIBAR-SAFEX plus 1.78% Coupon Indicator: Floating Rate Interest Determination Dates: 31 January, 30 April, 31 July, and 31 October of each year Issue Price: 100% Maturity Date: 31 January 2037 First Interest Payment Date: 31 January 2025 Interest Payment Dates: Quarterly on 31 January, 30 April, 31 July, and 31 October Books Close Periods: From 26 January, 25 April, 26 July, and 26 October of each year until the applicable Interest Payment Date Placement Agent: The Standard Bank of South Africa Limited. Investors are encouraged to review the Pricing Supplement for comprehensive details on the terms and conditions applicable to this issuance. For the full document click the link below Standard Bank : JSE Limited Grants Listing to Standard Bank for New Financial Instrument  
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