New Financial Instrument Listing Announcement - “CLN559”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN559”
Stock Code: CLN559
ISIN Code: ZAG000156878
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN559 Senior Unsecured Floating Rate
Credit Linked Note due 17 January 2024 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
(including current issue) ZAR32,264,364,552.43
Full Note details are as follows
Issue Date: 07 February 2019
Nominal Issued: ZAR40,000,000
Coupon Rate: three-month ZAR-JIBAR-SAFEX
plus 3.90% as per the Pricing
Supplement
Coupon Indicator: Floating
Interest Rate Determination Dates: Each 17 January, 17 April, 17
July and 17 October of each
year, commencing on the Issue
Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 17 January 2024
First Interest Payment Date: 17 April 2019
Interest Payment Dates: Each 17 January, 17 April, 17
July and 17 October until the
Maturity Date
Business Day Count/Convention: Actual/365 and Following
Business Day
Books Close: From each 07 January, 07
April, 07 July and 07 October
of each year, until the
applicable Interest Payment
Date
Last day to register: By: 17h00 on 06 January, 06
April, 06 July and 06 October
of each year
Interest Commencement Date: Issue Date
Placement Agent: The Standard Bank of South
Africa Limited
Debt Security subject
to guarantee; security
or credit enhancement: Not Applicable
Additional Terms and Conditions: Investors should study the
Pricing Supplement for full details of the specific terms and
conditions applicable to this specific issuance.
Notes will be deposited in the Central Depository (“CSD”) and
settlement will take place electronically in terms of JSE Rules.
Dated 06 February 2019
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: 06/02/2019 10:36:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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