New Financial Instrument Listing Announcement - CLN520
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN520”
Stock Code: CLN520
ISIN Code: ZAG000150202
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN520 Senior Unsecured Floating Rate
Credit Linked Note due 12 March 2023 - 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 ZAR28,669,352,843,74
Full Note details are as follows
Issue Date: 15 March 2018
Nominal Issued: ZAR45,000,000
Coupon Rate: three month ZAR-JIBAR-SAFEX
plus 2.00% as per the Pricing
Supplement
Coupon Indicator: Floating
Trade Type: Price
Maturity Date: 12 March 2023
First Interest Payment Date: 12 June 2018
Interest Payment Dates: Each 12 March, 12 June,
12 September and 12 December
until the Maturity Date
Business Day Count/Convention: Actual/365 and Following
Business Day
Books Close: From each 02 March, 02 June,
02 September and 02 December
of each year commencing on 02
June 2018, until the
applicable Interest Payment
Date.
Last day to register: By: 17h00 01 March, 01 June,
01 September and 01 December
of each year commencing on 01
June 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 14 March 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: 14/03/2018 12:10:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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