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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement

Release Date: 14/09/2018 16:29
Code(s): SSN082     PDF:  
Wrap Text
New Financial Instrument Listing Announcement

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “SSN082”

Stock Code: SSN082
ISIN Code: ZAG000154089

The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – SSN082 Senior Unsecured Floating Rate
Notes due 12 September 2025 - 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)           ZAR31,536,197,524.66

Full Note details are as follows:

Issue Date:                         12 September 2018
Nominal Issued:                     ZAR60,000,000.00
Coupon Rate:                        3m Jibar + 232bps, capped at
                                    10.93%
Coupon Indicator:                   Floating
Interest Determination Dates:       Each 12 March, 12 June, 12
                                    September   and   12   December
                                    until the Maturity Date, with
                                    the first Interest Payment
                                    Date being 12 December 2018
Trade Type:                         Price
Issue Price:                        100%
Maturity Date:                      12 September 2025
First Interest Payment Date:        12 December 2018
Interest Payment Dates:             Each 12 March, 12 June, 12
                                    September   and   12   December
                                    until the Maturity Date.
Business Day Count/Convention:      Actual/365      (Fixed)     and
                                    Following Business Day
Books Close:                        From each 02 March, 02 June,
                                    02 September and 02 December
Last day to register:               By: 17:00 01 March, 01 June,
                                    01 September and 01 December.
Interest Commencement Date:         12 September 2018
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 14 September 2018
Sponsor – The Standard Bank of South Africa Limited
For further information on the Notes issued please contact:
Johann Erasmus           SBSA (Sponsor)
Email: johann.erasmus@standardbank.co.za

Date: 14/09/2018 04:29:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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