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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN553?

Release Date: 28/12/2018 10:32
Code(s): CLN553     PDF:  
Wrap Text
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'). 
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