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

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

Release Date: 22/01/2019 15:47
Code(s): SSN085     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN085”

Stock Code: SSN085
ISIN Code: ZAG000156472

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN085 Senior Unsecured Floating Rate
Notes due 23 January 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
(including current issue)           ZAR32,108,464,552.43.

Full Note details are as follows:

Issue Date:                        23 January 2019
Nominal Issued:                    ZAR40,000,000.00
Coupon Rate:                       Daily accrual at three-month
                                   Jibar + 5.90% within the
                                   range, 0% outside the range
                                   as fully described in the
                                   Applicable Pricing Supplement
Coupon Indicator:                  Floating
Interest Rate Determination Dates: 18 January 2019, 18 April
                                   2019, 18 July 2019 and 18
                                   October    2019,   20   January
                                   2020, 20 April 2020, 20 July
                                   2020 and 19 October 2020
Trade Type:                        Price
Issue Price:                       100%
Maturity Date:                     23 January 2021
First Interest Payment Date:       23 April 2019
Interest Payment Dates:            Each 23 January, 23 April, 23
                                   July and 23 October until the
                                   Maturity Date
Business Day Count/Convention:     Actual/365     and    Following
                                   Business Day
Books Close:                       From each     13 January,    13
                                   April, 13 July and 13 October
                                   of   each   year,   until   the
                                   applicable Interest Payment
                                   Date
Last day to register:              By: 17:00 on 12 January, 12
                                   April, 12 July and 12 October
                                   of each year
Interest Commencement Date:        18 January 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 22 January 2019
Sponsor – The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

Date: 22/01/2019 03:47:00 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.