New Financial Instrument Listing Announcement - “SSN055”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN055”
Stock Code: SSN055
ISIN Code: ZAG000147992
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN055 Senior Unsecured Floating Rate
Note due 03 November 2022 - 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 ZAR27,613,880,562.13
Full Note details are as follows
Issue Date: 03 November 2017
Nominal Issued: ZAR300,000,000
Coupon Rate: three month ZAR-JIBAR-SAFEX
plus 1.75% with a maximum
interest rate of 11.00% nacq
as per the Pricing Supplement
Coupon Indicator: Floating
Trade Type: Price
Maturity Date: 03 November 2022
First Interest Payment Date: 26 January 2018
Interest Payment Dates: Each 03 February, 03 May, 03
August and 03 November until
the Maturity Date
Business Day Count/Convention: Actual/365(Fixed) and
Following Business Day
Books Close: From each 24 January,
23 April, 24 July and
24 October of each year
commencing on 24 January 2018
Last day to register: By: 17h00 on 23 January,
22 April, 23 July and
23 October of each year
commencing on 23 January 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 02 November 2017
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: 02/11/2017 11:15:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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