New Financial Instrument Listing Announcement - “CLN603”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN603”
Stock Code: CLN603
ISIN Code: ZAG000161407
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN603 Senior Unsecured Fixed Rate Credit
Linked Notes due 05 August 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) ZAR42,124,883,754.29
Full Note details are as follows:
Issue Date: 05 August 2019
Nominal Issued: ZAR213,000,000
Coupon Rate: 8.745% nacs as per the
Applicable Pricing
Supplement
Coupon Indicator: Fixed
Interest Rate Determination Dates: Each 05 February and
05 August of each year
commencing on the Interest
Commencement Date until the
Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 05 August 2024
Interest Commencement Date: Issue Date
First Interest Payment Date: 05 February 2020
Interest Payment Dates: Each 05 February and
05 August of each year until
the Maturity Date
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Books Close: Each 31 January and 31 July
of each year, until the
applicable Interest Payment
Date
Last day to register: 17h00 on 30 January and
30 July 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 02 August 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: 02/08/2019 09:00:00
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