New Financial Instrument Listing Announcement - CLN527
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN527”
Stock Code: CLN527
ISIN Code: ZAG000151150
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN527 Senior Unsecured Floating Rate
Credit Linked Note due 21 February 2024 - 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 ZAR28,643,581,854.82
Full Note details are as follows
Issue Date: 08 May 2018
Nominal Issued: ZAR200,000,000
Coupon Rate: In respect of each Interest
Period from, and including:
(i) Interest Commencement
Date until but
excluding, 21 May 2018:
three month ZAR-JIBAR-
SAFEX plus 2.45% and
(ii) 21 May 2018 until, but
excluding,
21 November 2019: three
month ZAR-JIBAR-SAFEX
plus 2.82% and
(iii) 21 November 2019,
until but excluding
21 February 2024: three
month ZAR-JIBAR-SAFEX
plus 2.45%
as per the Pricing Supplement
Coupon Indicator: Floating
Trade Type: Price
Maturity Date: 21 February 2024
First Interest Payment Date: 21 May 2018
Interest Payment Dates: Each 21 May, 21 August,
21 November, and 21 February
until the Maturity Date
Business Day Count/Convention: Actual/365(Fixed) and
Following Business Day
Books Close: From each 11 May, 11 August,
11 November, and 11 February
of each year commencing on
11 May 2018
Last day to register: By: 17h00 on 10 May,
10 August, 10 November, and
10 February of each year
commencing on 10 May 2018
Interest Commencement Date: 21 February 2018
Placement Agent: The Standard Bank of South
Africa Limited
Settlement will take place electronically in terms of JSE Rules.
Dated 07 May 2018
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: 07/05/2018 04:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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