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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement

Release Date: 11/05/2018 10:11
Code(s): SSN066     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN066”

Stock Code: SSN066
ISIN Code: ZAG000151200
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN066 Senior Unsecured Floating Rate
Note due 14 May 2028 - 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                  ZAR29,093,581,854.82
Full Note details are as follows:

Issue Date:                         14 May 2018
Nominal Issued:                     ZAR190,000,000
Coupon Rate:                        As per formula contained in
                                    Applicable Pricing Supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      14 May 2028
Interest Payment Dates:             Each 14 February, 14 May, 14
                                    August and 14 November until
                                    the Maturity Date
Business Day Convention:            Following Business Day
Books Close:                        From each 4 February, 4 May,
                                    4 August and 4 November of
                                    each year commencing on 4
                                    August 2018
Last day to register:               By: 17h00 on 3 February, 3 May
                                    3 August and 3 November of
                                    each year commencing on 3
                                    August 2018
Interest Commencement Date:         The 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 11 May 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: 11/05/2018 10:11:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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