New Financial Instrument Listing Announcement - SBK22, SBK23
The Standard Bank of South Africa Limited
(Incorporated in the Republic of South Africa)
(Registration number 1962/000738/06)
Dated: 27 May 2015
Stock Codes: SBK22 – ZAG000126442
SBK23 – ZAG000126434
New Financial Instrument Listing Announcement
The JSE Limited has granted a financial instrument listing to
The Standard Bank of South Africa Limited – “SBK22, SBK23”
Subordinated Unsecured Tier 2 Notes under its Domestic Medium
Term Note Programme
Full Note details are as follows:
Authorised Programme size R90,000,000,000.00
Total notes in issue R 75,626,326,541.00
Bond Code: SBK22
Aggregate Nominal Amount: ZAR1,000,000,000.00
Coupon Indicator: Floating Rate
Trade Type Price
Floating Interest Rate 3 Month JIBAR as at 25 May
2015 plus 350bps
Issue Price: 100%
Maturity Date: 28 May 2025, unless redeemed
at the Optional Redemption
Date
First Interest Payment Date: 28 August 2015
Interest Payment Dates: 28 February, 28 May, 28
August and 28 November of
each year until the Maturity
Date
Books Close: 19 February, 19 May, 19
August and 19 November each
year to the Maturity Date
Last day to register: By 17h00 on 18 February,
18 May, 18 August and 18
November of each year
Interest Commencement Date: 28 May 2015
Settlement Date: 28 May 2015
Placement Agent: The Standard Bank of South
Africa Limited
Bond Code: SBK23
Aggregate Nominal Amount: ZAR1,000,000,000.00
Coupon Indicator: Fixed Rate
Trade Type Yield
Coupon Rate 11.56%
Issue Price: 100%
Maturity Date: 28 May 2027, unless redeemed
at the Optional Redemption
Date
First Interest Payment Date: 28 November 2015
Interest Payment Dates: 28 May and 28 November of
each year until the Maturity
Date
Books Close: 19 May and 19 November each
year to the Maturity Date
Last day to register: By 17h00 on 18 May and 18
November of each year
Interest Commencement Date: 28 May 2015
Settlement Date: 28 May 2015
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.
Sponsor: The Standard Bank of South Africa Limited, acting
through its Corporate and Investment Banking division
(“SBSA”)
For further information on the Notes issued please contact:
Alexi Contogiannis SBSA (011) 721 8003
Date: 27/05/2015 08:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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