New Financial Instrument Listing Announcement - CLN542
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN542”
Stock Code: CLN542
ISIN Code: ZAG000154436
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN542 Senior Unsecured Floating Rate
Credit Linked Note due 30 May 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
(including current issue) ZAR31,538,047,524.66
Full Note details are as follows
Issue Date: 28 September 2018
Nominal Issued: ZAR142,734,950
Coupon Rate: three-month ZAR-JIBAR-SAFEX
plus 2.10% as per the Pricing
Supplement
Coupon Indicator: Floating
Interest Determination Dates: Each 28 February, 30 May, 30
August and 30 November until
Maturity Date
Trade Type: Price
Issue Price: 100%
Maturity Date: 30 May 2022
First Interest Payment Date: 30 November 2018
Interest Payment Dates: Each 28 February, 30 May, 30
August and 30 November until
the Maturity Date
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Books Close: From each 18 February, 20
May, 20 August and 20
November of each year
commencing on 20 November
2018, until the applicable
Interest Payment Date.
Last day to register: By: 17h00 17 February, 19
May, 19 August and 19
November of each year
commencing on 19 November
2018.
Interest Commencement Date: Issue Date
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 27 September 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: 27/09/2018 01:46:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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