New Financial Instrument Listing Announcement - “CLN578”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN578”
Stock Code: CLN578
ISIN Code: ZAG000159096
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN578 Senior Unsecured Floating Rate
Credit Linked Note due 18 April 2026 - 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 ZAR34,825,216,202.43
(including current issue)
Full Note details are as follows:
Issue Date: 03 May 2019
Nominal Issued: ZAR30,000,000
Coupon Rate: Three-month Jibar + 205bps,
as per the pricing supplement
Coupon Indicator: Floating
Interest Determination Dates: Each 18 July, 18 October, 18
January and 18 April of each
year commencing on the
Interest Commencement Date
until the Maturity Date
Trade Type: Price
Maturity Date: 18 April 2026
Interest Commencement Date: Issue Date
First Interest Payment Date: 18 July 2019
Interest Payment Dates: Each 18 July, 18 October, 18
January and 18 April of each
year until the Maturity Date
Business Day Count/Convention: Actual/365(Fixed) and
Following Business Day
Books Close: From each 08 July, 08
October, 08 January and 08
April, of each year, until
the applicable Interest
Payment Date
Last day to register: By: 17h00 on 07 July, 07
October, 07 January and 07
April, of each year
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 02 May 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: 02/05/2019 11:01:00 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.