New Financial Instrument Listing Announcement - “CLN575”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN575”
Stock Code: CLN575
ISIN Code: ZAG000158148
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN575 Senior Unsecured Floating Rate
Credit Linked Note due 15 March 2024 - 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 ZAR35,263,590,464.43
(including current issue)
Full Note details are as follows:
Issue Date: 26 March 2019
Nominal Issued: ZAR250,000,000
Coupon Rate: Three-month Jibar + 205bps,
as per the pricing supplement
Coupon Indicator: Floating
Trade Type: Price
Maturity Date: 15 March 2024
First Interest Payment Date: 15 June 2019
Interest Payment Dates: Each 15 March, 15 June,
15 September and 15 December
until the Maturity Date
Business Day Count/Convention: Actual/365(Fixed) and
Following Business Day
Books Close: From each 05 March, 05 June,
05 September and 05 December
of each year, until the
applicable Interest Payment
Date
Last day to register: By: 17h00 on 04 March,
04 June, 04 September and
04 December of each year
Interest Commencement Date: Issue Date
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 dematerialised in the Central Depository (“CSD”)
and settlement will take place electronically in terms of JSE
Rules.
Dated 26 March 2019
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: 26/03/2019 10:55:00 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.