New Financial Instrument Listing Announcement - “CLN553”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN553”
Stock Code: CLN553
ISIN Code: ZAG000156217
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN553 Senior Unsecured Credit Linked
Notes due 20 March 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
(including current issue) ZAR31,826,802,552.43
Full Note details are as follows:
Issue Date: 31 December 2018
Nominal Issued: ZAR100,000,000
Coupon Rate: As per the Applicable
Pricing Supplement
Coupon Indicator: Fixed
Interest Determination Dates: Each 20 September and 20
March of each year
commencing on the Interest
Commencement Date until the
Maturity Date.
Trade Type: Price
Issue Price: ZAR 100 274 397.26
Maturity Date: 20 March 2024
Interest Commencement Date: 20 December 2018
First Interest Payment Date: 20 March 2019
Interest Payment Dates: Each 20 March and 20
September until the Maturity
Date
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Books Close: Each 10 March and 10
September of each year
commencing on 10 March 2019,
until the applicable
Interest Payment Date
Last day to register: 17h00 on 09 March and 09
September of each year
commencing on 09 March 2019,
or if such day is not a
Business Day, the Business
Day before each books closed
period
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 28 December 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: 28/12/2018 10:32:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of
the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct,
indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on,
information disseminated through SENS.