To view the PDF file, sign up for a MySharenet subscription.

THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN092

Release Date: 01/11/2019 11:05
Code(s): SSN092     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - SSN092

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN092”

Stock Code:    SSN092
ISIN Code:     ZAG000164013

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN092 Senior Floating Rate Listed Note
due 02 November 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
(including current issue)            ZAR40,168,208,949.13
Full Note details are as follows
Issue Date:                        01 November 2019
Nominal Issued:                    ZAR250,000,000
Coupon Rate:                       Daily accrual at three-month
                                   JIBAR +     1.45% within the
                                   range, three-month JIBAR / 2
                                   outside the range as fully
                                   described     in     the   Pricing
                                   Supplement
Coupon Indicator:                  Floating
Interest Rate Determination Dates: Each day that is 3 (three)
                                   Business Days prior to an
                                   Interest Payment Date, with
                                   the    first      Interest    Rate
                                   Determination Date being the
                                   Interest Commencement Date.
Trade Type:                        Price
Issue Price:                       100%
Maturity Date:                     02 November 2020
First Interest Payment Date:       02 February 2020
Interest Payment Dates:            Each 02 February, 02 May, 02
                                   August and 02 November each
                                   year until the Maturity Date
Business Day Count/Convention:     Actual/365       and     Following
                                   Business Day
Books Close:                       From each      28 January, 27
                                   April,    28     July     and   28
                                   October, until the applicable
                                   Interest Payment Date.
Last day to register:              By: 17h00 on 27 January, 26
                                   April, 27 July and 27 October
                                   of   each    year,     until   the
                                   Maturity Date.
Interest Commencement Date:        29 October 2019
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 01 November 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: 01/11/2019 11:05:00
Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
 the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, 
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
 information disseminated through SENS.