New Financial Instrument Listing Announcement - CLN548
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN548”
Stock Code: CLN548
ISIN Code: ZAG000155912
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN548 Senior Unsecured Floating Rate
Credit Linked Note due 12 November 2025 - 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) ZAR31,680,668,674.66
Full Note details are as follows
Issue Date: 05 December 2018
Nominal Issued: ZAR46,300,000
Coupon Rate: 10.16% nacs.
Coupon Indicator: Fixed
Trade Type: Yield
Maturity Date: 12 November 2025
First Interest Payment Date: 12 May 2019
Interest Payment Dates: Each 12 May and 12 November
until the Maturity Date
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Books Close: From each 02 May and 02
November of each year
commencing on 02 May 2019,
until the applicable Interest
Payment Date.
Last day to register: By: 17h00 on 01 May and 01
November of each year
commencing on 01 May 2019.
Interest Commencement Date: Issue Date
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 deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Dated 04 December 2018
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: 04/12/2018 10:48:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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