New Financial Instrument Listing Announcement - “CLN586”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN586”
Stock Code: CLN586
ISIN Code: ZAG000159997
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN586 Senior Unsecured Floating Rate
Credit Linked Notes due 16 September 2025 - 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) ZAR36,653,108,202.43
Full Note details are as follows:
Issue Date: 04 June 2019
Nominal Issued: ZAR200,000,000
Coupon Rate: Three-month ZAR-JIBAR-SAFEX
plus 3.15%, per the
Applicable Pricing
Supplement
Coupon Indicator: Floating
Interest Rate Determination Dates: Each 16 March, 16 June,
16 September and 16 December
of each year commencing on
the Interest Commencement
Date until the Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 16 September 2025
Interest Commencement Date: Issue Date
First Interest Payment Date: 16 June 2019
Interest Payment Dates: Each 16 March, 16 June,
16 September and 16 December
of each year until the
Maturity Date
Business Day Count/Convention: Actual/365 and Following
Business Day
Books Close: Each 06 March, 06 June,
06 September and 06 December
of each year, until the
applicable Interest Payment
Date
Last day to register: 17h00 on 05 March, 05 June,
05 September and 05 December
of each year, or if such day
is not a Business Day, the
Business Day before each
books closed period
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 03 June 2019
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
Date: 03/06/2019 11:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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