New Financial Instrument Listing Announcement - “CLN385”- BISTDB
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN385”
Stock Code: CLN385
ISIN Code: ZAG000118084
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN385 Senior Unsecured Floating Rate
Credit Linked Note due 20 September 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 ZAR26,752,456,875
Full Note details are as follows:
Issue Date: 23 July 2014
Nominal Issued: ZAR26,000,000
Coupon Rate: 388bps over 3 month JIBAR
rate as determined on each
Interest Determination Date
Coupon Indicator: Floating
Trade Type: Price
Maturity Date: 20 September 2024
First Interest Payment Date: 20 September 2014
Interest Payment Dates: 20 September, 20 December, 20
March, 20 June
Books Close: 10 September, 10 December, 10
March, 10 June
Last day to register: By: 17:00 on 9 September, 9
December, 9 March and 9 June
from 9 September 2014
Interest Commencement Date: 23 July 2014
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 July 2014
Sponsor – The Standard Bank of South Africa Limited
Further information on the Note issued please contact:
Johann Erasmus SBSA (Sponsor) (011) 415 4100
Email: johann.erasmus@standardbank.co.za
Date: 23/07/2014 04:07:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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