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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN535

Release Date: 17/07/2018 12:55
Code(s): CLN535     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - CLN535

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN535”

Stock Code:    CLN535
ISIN Code:     ZAG000152703

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN535 Senior Unsecured Fixed Rate Credit
Linked Note due 18 July 2025 - 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)          ZAR31,104,952,054.82
Full Note details are as follows
Issue Date:                        18 July 2018
Nominal Issued:                    ZAR50,000,000
Coupon Rate:                       10.35%   nacs     as    per  the
                                   Pricing Supplement
Coupon Indicator:                  Fixed
Trade Type:                        Yield
Maturity Date:                     18 July 2025
First Interest Payment Date:       18 January 2019
Interest Payment Dates:            Each 18 January and 18 July
                                   until the Maturity Date
Business Day Count/Convention:     Actual/365       (Fixed)     and
                                   Following Business Day
Books Close:                       From each     08 January     and
                                   08 July    of       each    year
                                   commencing                    on
                                   08 January 2019,      until  the
                                   applicable Interest Payment
                                   Date.
Last day to register:              By: 17h00 on 07 January and
                                   07    July    of     each   year
                                   commencing                    on
                                   07 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 dematerialised in the Central Depository (“CSD”)
and settlement will take place electronically in terms of JSE
Rules.
Dated 17 July 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: 17/07/2018 12:55:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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