New Financial Instrument Listing Announcement - “SSN095”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN095”
Stock Code: SSN095
ISIN Code: ZAG000167040
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN095 Senior Floating Rate Listed Note
due 31 January 2030 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) ZAR45,477,368,961.65
Full Note details are as follows
Issue Date: 12 March 2020
Nominal Issued: ZAR40,000,000
Coupon Rate: three-month JIBAR + 1.35%
plus Spread(t) as fully
described in the Pricing
Supplement
Coupon Indicator: Floating
Interest Rate Determination Dates: Each 31 January, 30 April, 31
July and 31 October of each
year, commencing on 30 April
2020 until the Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 31 January 2030
First Interest Payment Date: 30 April 2020
Interest Payment Dates: Each 31 January, 30 April, 31
July and 31 October of each
year until the Maturity Date
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Books Close: From each 26 January, 25
April, 26 July and 26
October, until the applicable
Interest Payment Date.
Last day to register: By: 25 January, 24 April, 25
July and 25 October of each
year, until the Maturity
Date.
Interest Commencement Date: 12 March 2020
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 11 March 2020
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: 11-03-2020 10:44:00
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