THE STANDARD BANK OF SOUTH AFRICA LIMITED - Tap Issue Announcement - CLN482

Tap Issue Announcement - CLN482

The Standard Bank of South Africa Limited
Tap Issue Announcement - “CLN482”

Stock Code: CLN482
ISIN Code: ZAG000144999

The JSE Limited has granted a tap issue to The Standard Bank of
South Africa Limited –    CLN482 Senior Unsecured Floating Rate
Credit Linked Note due 20 May 2021 - 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                  ZAR26,511,594,090.46

Full Note details are as follows:

Tap Issue Date:                     21 July 2017
Tap Amount:                         ZAR250,000,000
Total Nominal Issued:               ZAR950,000,000
Coupon Rate:                        three month ZAR-JIBAR-SAFEX
                                    plus:
                                    (i) In     respect    of   each
                                         Interest Period up to,
                                         and     including,     the
                                         Interest   Period   ending
                                         on, but excluding, 20 May
                                         2020: 2.40%
                                    (ii) In    respect    of   each
                                         Interest Period from, and
                                         including, the Interest
                                         Period commencing on 20
                                         May 2020: 2.82%,
                                    as per the Pricing Supplement

Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      20 May 2021
First Interest Payment Date:        20 August 2017
Interest Payment Dates:             Each 20 February, 20 May, 20
                                    August and 20 November until
                                    the Maturity Date
Business Day Count/Convention:      Actual/365(Fixed)         and
                                    Following Business Day.
Books Close:                        From each 10 February, 10
                                    May,   10   August    and  10
                                   November    of    each    year
                                   commencing on 10 August 2017
Last day to register:              By: 17h00 on 09 February, 09
                                   May,   09   August    and   09
                                   November    of    each    year
                                   commencing on 09 August 2017
Interest Commencement Date:        Issue Date
Placement Agent:                   The Standard Bank of South
                                   Africa Limited

Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Dated 18 July 2017
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: 19/07/2017 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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