Last Updated: 06 August 2020
Holders of Standard Bank 2015 1st Series Bonds and the general public are informed that , according to the conditions of issue, Standard Bank, SA, will pay the interest on the tenth and last coupon of said securities on the 10th August 2020, at an interest rate of 20.25%.
For each of the 3,000,000 Standard Bank Bonds 2015 1st Series, the nominal unit value is MZN 100.00, corresponding to a semiannual interest of MZN 10.125.
In addition, it is hereby informed that, simultaneously with the payment of interest on the 10th and last coupon, Standard Bank, SA, will proceed on August 10, 2020, the early repayment of the total capital due, at the nominal value of 100, 00 MZN for each of the 3,000,000 titles. Thus, pursuant to article 71 in conjunction with paragraph b) of article 79 of the Securities Market Code, the market is informed that the 3,000,000 securities representing the issue of Standard Bank Bonds 2015 1st Series will be excluded from the quotation, by extinction the loan.Click here to see the Trading Bulletim.