New Financial Instrument Listing Announcement - “CLN597”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN597”
Stock Code: CLN597
ISIN Code: ZAG000160904
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN597 Senior Unsecured Fixed Rate Credit
Linked Notes due 24 November 2024 - 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) ZAR38,987,708,202.43
Full Note details are as follows:
Issue Date: 10 July 2019
Nominal Issued: ZAR30,000,000
Coupon Rate: 9.16% nacs as per the
Applicable Pricing
Supplement
Coupon Indicator: Fixed
Interest Rate Determination Dates: Each 24 May and 24 November
of each year commencing on
the Interest Commencement
Date until the Maturity Date
Trade Type: Yield
Issue Price: 100%
Maturity Date: 24 November 2024
Interest Commencement Date: Issue Date
First Interest Payment Date: 24 November 2019
Interest Payment Dates: Each 24 May and 24 November
of each year until the
Maturity Date
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Books Close: Each 19 May and 19 November
of each year, until the
applicable Interest Payment
Date
Last day to register: 17h00 on 18 May and
18 November of each year, or
if such day is not a Business
Day, the Business Day before
each books closed period
Placement Agent: The Standard Bank of South
Africa Limited
Debt Security subject
to guarantee; security
or credit enhancement: Not Applicable
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 09 July 2019
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: 09/07/2019 10:46:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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