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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN078

Release Date: 12/07/2018 09:00
Code(s): SSN078     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - SSN078

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN078”

Stock Code: SSN078
ISIN Code: ZAG000152380

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN078 Senior Unsecured Floating Rate
Notes due 13 July 2023 - 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)           ZAR30,914,952,054.82.

Full Note details are as follows:

Issue Date:                         19 June 2018
Nominal Issued:                     ZAR100,000,000.00
Coupon Rate:                        3m Jibar + 193bps, capped at
                                    9.65%
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      13 July 2023
First Interest Payment Date:        13 October 2018
Interest Payment Dates:             Each 13 January, 13 April, 13
                                    July and 13 October until the
                                    Maturity Date.
Books Close:                        From each    03 January, 03
                                    April,   03    July    and  03
                                    October.
Business Day Count/Convention:      Actual/365      (Fixed)    and
                                    Following Business Day
Last day to register:               By: 17:00 on each 02 January,
                                    02 April, 02 July and 02
                                    October.
Interest Commencement Date:         13 July 2018
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 11 July 2018
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: 12/07/2018 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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