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THE STANDARD BANK OF SA LTD - New Financial Instrument Listing Announcement - SBK21

Release Date: 27/01/2015 09:00
Code(s): SBK21     PDF:  
Wrap Text
New Financial Instrument Listing Announcement - SBK21

The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement

Dated: 27 January 2015

Stock Codes: SBK21 – ZAG000123258

The JSE Limited has granted a financial instrument listing to The Standard Bank 
of South Africa Limited – “SBK21” Subordinated Unsecured Tier 2 Notes under its 
Domestic Medium Term Note Programme - sponsored by The Standard Bank of South 
Africa Limited (acting through its Corporate and Investment Banking Division)

Full Note details are as follows:

Authorised Programme size           R90,000,000,000.00
Total notes in issue                R 67,876,326,541.00


Bond Code:                          SBK21
Aggregate Nominal Amount:           ZAR750,000,000.00
Coupon Indicator:                   Floating Rate
Trade Type                          Price
Floating Interest Rate              3 Month JIBAR as at
                                    23 January 2015 plus 330bps
Issue Price:                        100%
Maturity Date:                      28 January 2025, unless
                                    redeemed at the Optional
                                    Redemption Date
First Interest Payment Date:        28 April 2015
Interest Payment Dates:             28 January, 28 April, 28 July
                                    and 28 October of each year
                                    until the Maturity Date
Books Close:                        19 January, 19 April, 19 July
                                    and 19 October each year to
                                    the Maturity Date
Last day to register:               By 17h00 on 18 January,
                                    18 April, 18 July and 18
                                    October of each year
Interest Commencement Date:         28 January 2015
Settlement Date:                    28 January 2015
Placement Agent:                    The Standard Bank of South
                                    Africa Limited

Notes will be deposited in the Central Depository (“CSD”) and settlement will 
take place electronically in terms of JSE Rules.

For further information on the Notes issued please contact:

Alexi Contogiannis       SBSA (Sponsor)           (011) 721 8003

Date: 27/01/2015 09:00:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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