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

Release Date: 10/09/2018 09:51
Code(s): CLN540     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN540

Stock Code:    CLN540
ISIN Code:     ZAG000154022

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN540 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)          ZAR31,426,197,524.66
Full Note details are as follows
Issue Date:                        11 September 2018
Nominal Issued:                    ZAR60,000,000
Coupon Rate:                       three-month     ZAR-JIBAR-SAFEX
                                   plus 3.15% as per the Pricing
                                   Supplement
Coupon Indicator:                  Floating
Trade Type:                        Yield
Maturity Date:                     17 January 2024
First Interest Payment Date:       17 January 2019
Interest Payment Dates:            Each 17 January, 17 April, 17
                                   July and 17 October until the
                                   Maturity Date
Business Day Count/Convention:     Actual/365      (Fixed)     and
                                   Following Business Day
Books Close:                       From each     07 January,    07
                                   April, 07 July and 07 October
                                   of each year commencing on 07
                                   January    2019,    until   the
                                   applicable Interest Payment
                                   Date.
Last day to register:              By:   17h00 06 January, 06
                                   April, 06 July and 06 October
                                   of each year commencing on 06
                                   January 2019.
Interest Commencement Date:        Issue Date
Placement Agent:                   The Standard Bank of South
                                   Africa Limited

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 10 September 2018
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: 10/09/2018 09:51:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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