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THE STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement- SSN027

Release Date: 23/09/2014 12:05
Code(s): SSN027     PDF:  
Wrap Text
New Financial Instrument Listing Announcement- 
SSN027

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN027”

Stock Code: SSN027
ISIN Code: ZAG000120197

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN027 Senior Unsecured Floating Rate
Notes due 25 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 28,627,761,369.50

Full Note details are as follows:

Issue Date:                         25 September 2014
Nominal Issued:                     ZAR230,000,000
Coupon Rate:                        If 3 month ZAR-JIBAR-SAFEX is
                                    less than or equal to 8.03%:
                                    3   month  ZAR-JIBAR-SAFEX   +
                                    2.00% and if 3 month ZAR-
                                    JIBAR-SAFEX is greater than
                                    8.03%: 10.03% nacq (as per
                                    the Pricing Supplement)
Coupon Indicator:                   Mixed
Trade Type:                         Price
Maturity Date:                      25 September 2019
First Interest Payment Date:        25 December 2014
Interest Payment Dates:             Each 25 December, 25 March,
                                    25 June, 25 September
Books Close:                        From each of 15 December, 15
                                    March, 15 June, 15 September

Last day to register:               By:   17:00   on   each   14
                                    December, 14 March, 14 June,
                                    14 September

Interest Commencement Date:         25 September 2015
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 23 September 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

Date: 23/09/2014 12:05:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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