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THE STANDARD BANK OF SA LTD - The Standard Bank of South Africa Limited New Financial Instrument Listing Announcement - CLN388 - BISTDB

Release Date: 04/08/2014 14:00
Code(s): CLN388     PDF:  
Wrap Text
The Standard Bank of South Africa Limited 
New Financial Instrument Listing Announcement - “CLN388” - BISTDB

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN388”

Stock Code: CLN388
ISIN Code: ZAG000118464
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN388 Senior Unsecured Floating Rate
Credit Linked Note due 20 September 2019 - 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         ZAR 60,000,000,000
Total notes issued                ZAR 27,484,456,875
Full Note details are as follows:

Issue Date:                        05 August 2014
Nominal Issued:                    ZAR 50,000,000.00
Coupon Rate:                       Three month ZAR-JIBAR-SAFEX
                                   plus 2.55%
Coupon Indicator:                  Floating Rate
Trade Type:                        Yield
Maturity Date:                     20 September 2019
First Interest Payment Date:       20 September 2014
Interest Payment Dates:            Each    20     September,  20
                                   December, 20 March, 20 June
                                   until the Maturity Date
Books Close:                       Each    10    September,   10
                                   December, 10 March, 10 June
                                   from 10 September 2014
Last day to register:              By 17:00 on each 9 September,
                                   9 December, 9 March, 9 June
                                   from 09 September 2014
Interest Commencement Date:        05 August 2014
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 04 August 2014
Sponsor – The Standard Bank of South Africa Limited
Further information on the Note issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

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