New Financial Instrument Listing Announcement - SSN037
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN037”
Stock Code: SSN037
ISIN Code: ZAG000137068
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN037 Senior Unsecured Floating Rate
Notes due 01 June 2021 - 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 ZAR29,544,569,754.46
Full Note details are as follows:
Issue Date: 01 June 2016
Nominal Issued: ZAR30,000,000
Coupon Rate: three month ZAR-JIBAR-SAFEX
plus 2.53% (capped at 10.5%)
nacq
Coupon Indicator: Floating
Trade Type: Price
Maturity Date: 01 June 2021
First Interest Payment Date: 01 September 2016
Interest Payment Dates: Each 01 March, 01 June, 01
September and 01 December
until the Maturity Date.
Books Close: From each 19 February (it
being understood that such
date shall change to 20
February in a leap year), 22
May, 22 August and 21
November.
Last day to register: By: 17:00 on each 18 February
(it being understood that
such date shall change to 19
February in a leap year), 21
May, 21 August and 20
November.
Interest Commencement Date: 01 June 2016
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 27 May 2016
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: 27/05/2016 12:16:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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