New Financial Instrument Listing Announcement -
CLN382
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN382”
Stock Code: CLN382
ISIN Code: ZAG000117870
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN382 Senior Unsecured Floating Rate
Credit Linked Note due 20 March 2021 - 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 ZAR 60,000,000,000
Total notes issued ZAR 26 536 456 875.50
Full Note details are as follows:
Issue Date: 22 July 2014
Nominal Issued: ZAR 25,000,000.00
Coupon Rate: Three month ZAR-JIBAR-SAFEX
plus 3.00% for the period
from 22 July 2014 up to but
excluding 20 September 2019
capped at 10.59% nacq and
Three month ZAR-JIBAR-SAFEX
plus 2.00% for the period
from 20 September 2019
inclusive) until the Maturity
Date
Coupon Indicator: Floating Rate
Trade Type: Yield
Maturity Date: 20 March 2021
First Interest Payment Date: 20 September 2014
Interest Payment Dates: Each 20 September, 20
December, 20 March and 20
June
Books Close: Each 10 September, 10
December, 10 March and 10
June
Last day to register: By 17:00 on each 9 September,
9 December, 9 March and 9
June
Interest Commencement Date: 22 July 2014
Placement Agent: The Standard Bank of South
Africa Limited
Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Dated 21 July 2014
Sponsor – The Standard Bank of South Africa Limited
Further information on the Note issued please contact:
Johann Erasmus SBSA (Sponsor) (011) 415 4100
Email: johann.erasmus@standardbank.co.za
Date: 21/07/2014 10:11:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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