New Financial Instrument Listing Announcement - CLN525
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN525”
Stock Code: CLN525
ISIN Code: ZAG000151010
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN525 Senior Unsecured Floating Rate
Credit Linked Note due 24 April 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 ZAR28,597,406,854.82
Full Note details are as follows
Issue Date: 26 April 2018
Nominal Issued: ZAR53,000,000
Coupon Rate: In respect of each Interest
Period from, and including:
(i) the Issue Date until,
but excluding,
24 April 2021: three
month ZAR-JIBAR-SAFEX
plus 1.75%; and
(ii) 24 April 2021 until, but
excluding, the Scheduled
Maturity Date: three
month ZAR-JIBAR-SAFEX
plus 2.25%,
as per the Pricing Supplement
Coupon Indicator: Floating
Trade Type: Price
Maturity Date: 24 April 2023
First Interest Payment Date: 24 July 2018
Interest Payment Dates: Each 24 January, 24 April,
24 July and 24 October until
the Maturity Date
Business Day Count/Convention: Actual/365(Fixed) and
Following Business Day
Books Close: From each 14 January,
14 April, 14 July and
14 October of each year
commencing on 14 July 2018
Last day to register: By: 17h00 on 13 January,
13 April, 13 July and
13 October of each year
commencing on 13 July 2018
Interest Commencement Date: Issue Date
Placement Agent: The Standard Bank of South
Africa Limited
Settlement will take place electronically in terms of JSE Rules.
Dated 25 April 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: 25/04/2018 12:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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