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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - SSN060?

Release Date: 01/03/2018 10:24
Code(s): SSN060     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - “SSN060”

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN060”

Stock Code: SSN060
ISIN Code: ZAG000149972

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN060 Senior Unsecured Floating Rate
Notes due 5 October 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                  ZAR29,262,557,373,90.
Full Note details are as follows:

Issue Date:                         2 March 2018
Nominal Issued:                     ZAR10,000,000.00
Coupon Rate:                        Three month JIBAR as at 2
                                    March 2018 plus 100 bps
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      5 October 2022
First Interest Payment Date:        5 April 2018
Interest Payment Dates:             Each 5 January, 5 April, 5
                                    July, 5 October until the
                                    Maturity Date.
Books Close:                        From each 26 December, 26
                                    March,    25   June   and 25
                                    September.
Last day to register:               By:    17:00    on   each 25
                                    December, 25 March, 24 June
                                    and 24 September.
Interest Commencement Date:         2 March 2018


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 01 March 2018
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

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