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THE STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement - CLN354?

Release Date: 09/12/2013 11:15
Code(s): CLN354     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “CLN354”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN354”

Stock Code: CLN354
ISIN Code: ZAG000111345

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN354 Senior Unsecured Floating Rate
Credit Linked Note due 20 December 2018 - 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           ZAR60,000,000,000.00
Total notes issued                  ZAR27,500,014,083.55

Full Note details are as follows:

Issue Date:                         9 December 2013
Nominal Issued:                     ZAR20,000,000
Coupon Rate:                        600bps over 3 month JIBAR
                                    rate as determined on each
                                    Interest Determination Date
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      20 December 2018
First Interest Payment Date:        20 March 2014
Interest Payment Dates:             20    March,   20   June,   20
                                    September and 20 December
Books Close:                        10    March,   10   June,   10
                                    September and 10 December
Last day to register:               By: 17:00 on 9 March, 9 June,
                                    9 September and 9 December
Interest Commencement Date:         9 December 2013
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 9 December 2013
Sponsor – The Standard Bank of South Africa Limited
Further information on the Note issued please contact:
Johann Erasmus           SBSA (Sponsor)      (011) 378 7826
Email: johann.erasmus@standardbank.co.za

Date: 09/12/2013 11:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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