New Financial Instrument Listing Announcement - “CLN560”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN560”
Stock Code: CLN560
ISIN Code: ZAG000156985
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN560 Senior Unsecured Fixed Rate Credit
Linked Note due 20 December 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) ZAR32,321,864,552.43
Full Note details are as follows
Issue Date: 11 February 2019
Nominal Issued: ZAR13,394,000
Coupon Rate: 5.13% nacs as per the Pricing
Supplement
Coupon Indicator: Floating
Interest Rate Determination Dates: Each 20 June and 20 December
of each year, commencing on
the Issue Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 20 December 2023
First Interest Payment Date: 20 June 2019
Interest Payment Dates: Each 20 June and 20 December
until the Maturity Date
Business Day Count/Convention: 30/360 and Following Business
Day
Books Close: From each 10 June and
10 December of each year,
until the applicable Interest
Payment Date
Last day to register: By: 17h00 on 09 June and 09
December of each year
Interest Commencement Date: Issue Date
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 08 February 2019
Sponsor – The Standard Bank of South Africa Limited
For further information on the Note issued please contact:
Johann Erasmus SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za
Date: 08/02/2019 10:40:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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