To view the PDF file, sign up for a MySharenet subscription.

STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement

Release Date: 29/03/2017 13:00
Code(s): CLN468     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN468”

Stock Code:    CLN468
ISIN Code:     ZAG000143108

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN468 Senior Unsecured Floating Rate
Credit Linked Note due 28 March 2022 - 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                  ZAR27,723,456,401.99

Full Note details are as follows:
Issue Date:                         30 March 2017
Nominal Issued:                     ZAR450,000,000
Coupon Rate:                        In respect of each Interest
                                    Period from, and including:
                                    (i)   the Issue Date until,
                                          but excluding, 28 March
                                          2020: three month ZAR-
                                          JIBAR-SAFEX plus 1.85%;
                                          and
                                    (ii) 28 March 2020 until, but
                                          excluding, the Scheduled
                                          Maturity    Date:    three
                                          month     ZAR-JIBAR-SAFEX
                                          plus 2.6%,
                                    as per the Pricing Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      28 March 2022
First Interest Payment Date:        21 May 2017
Interest Payment Dates:             Each 28 March, 28 June, 28
                                    September   and    28   December
                                    until the Maturity Date
Books Close:                        From each 18 March, 18 June,
                                    18 September and 18 December
Last day to register:               By: 17h00 on each 17 March,
                                    17 June, 17 September and 17
                                    December
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 29 March 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: 29/03/2017 01:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.