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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN053

Release Date: 25/10/2017 14:00
Code(s): SSN053     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - SSN053

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN053”

Stock Code:    SSN053
ISIN Code:     ZAG000147802

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN053 Senior Unsecured Fixed Rate Note
due 26 October 2020 - 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                 ZAR27,049,551,039.62
Full Note details are as follows
Issue Date:                        26 October 2017
Nominal Issued:                    ZAR250,000,000
Coupon Rate:                       8.382%   nacs     as   per  the
                                   Pricing Supplement
Coupon Indicator:                  Fixed
Trade Type:                        Yield
Maturity Date:                     26 October 2020
First Interest Payment Date:       26 April 2018
Interest Payment Dates:            Each 26 April and 26 October
                                   until the Maturity Date
Business Day Count/Convention:     Actual/365(Fixed)           and
                                   Following Business Day
Books Close:                       From    each     16 April   and
                                   16 October    of     each  year
                                   commencing on 16 April 2018
Last day to register:              By: 17h00 on 15 April and
                                   15 October    of     each  year
                                   commencing on 15 April 2018
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 25 October 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: 25/10/2017 02:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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