New Financial Instrument Listing Announcement- CLN528
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN528”
Stock Code: CLN528
ISIN Code: ZAG000151168
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN528 Senior Unsecured Floating Rate
Credit Linked Note due 25 November 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 ZAR28,843,581,854.82
Full Note details are as follows
Issue Date: 08 May 2018
Nominal Issued: ZAR100,000,000
Coupon Rate: In respect of each Interest
Period from, and including:
(i) Interest Commencement
Date until but
excluding, 25 May 2018:
three month ZAR-JIBAR-
SAFEX plus 2.55% and
(ii) 25 May 2018 until, but
excluding, 25 November
2019: three month ZAR-
JIBAR-SAFEX plus 2.92%
and
(iii) 25 November 2019,
until but excluding 25
November 2022: three
month ZAR-JIBAR-SAFEX
plus 2.55% and
(iv) 25 November 2022, until
but excluding the
Scheduled Maturity Date:
three month ZAR-JIBAR-
SAFEX plus 2.00%
as per the Pricing Supplement
Coupon Indicator: Floating
Trade Type: Price
Maturity Date: 25 November 2024
First Interest Payment Date: 25 May 2018
Interest Payment Dates: Each 25 February, 25 May,
25 August and 25 November
until the Maturity Date
Business Day Count/Convention: Actual/365(Fixed) and
Following Business Day
Books Close: From each 15 February, 15
May, 15 August and
15 November of each year
commencing on 15 May 2018
Last day to register: By: 17h00 on 14 February,
14 May, 14 August and
14 November of each year
commencing on 14 May 2018
Interest Commencement Date: 01 March 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 05:20:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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