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THE STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement - SBK24

Release Date: 16/10/2015 08:00
Code(s): SBK24     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - SBK24

The Standard Bank of South Africa Limited
(Incorporated in the Republic of South Africa)
(Registration number 1962/000738/06)
(“SBSA” or “the Company”)

Dated: 16 October 2015

Stock Codes: SBK24 – ZAG000130584

New Financial Instrument Listing Announcement

The JSE Limited has granted a financial instrument listing to
The Standard Bank of South Africa Limited – “SBK24” Subordinated
Unsecured Tier 2 Notes under its Domestic Medium Term Note
Programme

Full Note details are as follows:

Authorised Programme size           R90,000,000,000.00
Total notes in issue                R 72,130,917,630.00


Bond Code:                          SBK24
Aggregate Nominal Amount:           ZAR880,000,000.00
Coupon Indicator:                   Floating Rate
Trade Type                          Price
Floating Interest Rate              3 Month JIBAR as at 14
                                    October 2015 plus 350 bps
Issue Price:                        100%
Maturity Date:                      19 October 2025, unless
                                    redeemed at the Optional
                                    Redemption Date
First Interest Payment Date:        19 January 2016
Interest Payment Dates:             19 January, 19 April, 19 July
                                    and 19 October of each year
                                    until the Maturity Date
Books Close:                        9 January, 9 April, 9 July
                                    and 9 October to the
                                    applicable Interest Payment
                                    Date
Last day to register:               By 17h00 on 8 January, 8
                                    April, 8 July and 8 October
                                    of each year
Interest Commencement Date:         19 October 2015
Settlement Date:                    19 October 2015

Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
The Applicable Pricing Supplements for the above instruments
will be available on the Company’s website at the following
link: http://reporting.standardbank.com/sbsa-domestic-medium-
term-notes.php.


Sponsor:   The Standard Bank of South Africa Limited, acting
           through its Corporate and Investment Banking division

For further information on the Notes issued please contact:
Alexi Contogiannis       SBSA      (011) 721 8003

Date: 16/10/2015 08:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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