New Financial Instrument Listing Announcement - CLN537
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN537”
Stock Code: CLN537
ISIN Code: ZAG000153420
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN537 Senior Unsecured Floating Rate
Credit Linked Note due 25 October 2023 - 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) ZAR31,509,202,054.82
Full Note details are as follows
Issue Date: 16 August 2018
Nominal Issued: ZAR313,100,000
Coupon Rate: (i) From the Issue Date until,
but excluding, 25 January
2023:1.95%; and
(ii)From and including, 25
January 2023 until the
Maturity Date: 1.28%
as per the Pricing Supplement
Coupon Indicator: Floating
Trade Type: Price
Maturity Date: 25 October 2023
First Interest Payment Date: 25 October 2018
Interest Payment Dates: Each 25 January, 25 April,
25 July and 25 October until
the Maturity Date
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Books Close: From each 15 January,
15 April, 15 July and
15 October of each year
commencing on
15 October 2018, until the
applicable Interest Payment
Date.
Last day to register: By: 17h00 on 14 January, 14
April, 14 July and 14 October
of each year commencing on
14 October 2018.
Interest Commencement Date: Issue Date
Placement Agent: The Standard Bank of South
Africa Limited
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 14 August 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: 14/08/2018 05:06:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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