New Financial Instrument Listing Announcement
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN080”
Stock Code: SSN080
ISIN Code: ZAG000153412
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN080 Senior Unsecured Floating Rate
Notes due 16 August 2020 - 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) ZAR31,349,202,054.82.
Full Note details are as follows:
Issue Date: 16 August 2018
Nominal Issued: ZAR160,000,000.00
Coupon Rate: For the first year:
Daily accrual at 3m JIBAR +
1.65% within the range, 3m
JIBAR/2 outside the range
For the second year:
3m Jibar + 100bps
Coupon Indicator: Floating
Trade Type: Price
Maturity Date: 16 August 2020
First Interest Payment Date: 16 November 2018
Interest Payment Dates: Each 16 August, 16 November,
16 February and 16 May until
the Maturity Date.
Books Close: From each 06 August, 06
November, 06 February and 06
May of each year commencing
on 06 November 2018, until
the applicable Interest
Payment Date.
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Last day to register: By: 17:00 on each 05 August,
05 November, 05 February and
05 May of each year
commencing on 05
November 2018.
Interest Commencement Date: 16 August 2018
Placement Agent: The Standard Bank of South
Africa Limited
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 dematerialised in the Central Securities
Depository (“CSD”) and settlement will take place electronically
in terms of JSE Rules.
Dated 15 August 2018
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: 15/08/2018 11:35:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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