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THE STANDARD BANK OF SA LTD - The Standard Bank of South Africa Limited Tap Issue Announcement - CLN300?

Release Date: 20/11/2012 08:45
Code(s): CLN300     PDF:  
Wrap Text
The Standard Bank of South Africa Limited 
Tap Issue Announcement - “CLN300”

The Standard Bank of South Africa Limited
Tap Issue Announcement - “CLN300”

Stock Code: CLN300
ISIN Code: ZAG000100900

The JSE Limited has granted a tap issue to The Standard Bank of
South Africa Limited – CLN300 Senior Unsecured Floating Rate
Credit Linked Note due 20 December 2017 - 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           ZAR40,000,000,000
Total notes issued                  ZAR32,252,954,221

Full Note details are as follows:
Tap Issue Date:                     20 November 2012
Tap Amount:                         ZAR25,000,000
Total Nominal Issued:               ZAR50,000,000
Coupon Rate:                        Coupon       determined      in
                                    accordance        with      the
                                    provisions    of   the  pricing
                                    supplement
Coupon Indicator:                   Floating
Trade Type:                         Price
Maturity Date:                      20 December 2017
First Interest Payment Date:        20 December 2012
Interest Payment Dates:             Each 20 December, 20 March,
                                    20 June and 20 September
Books Close:                        From each 10 December, 10
                                    March,    10    June   and   10
                                    September
Last day to register:               By: 17:00 on each 9 December,
                                    9   March,    9   June  and   9
                                    September
Interest Commencement Date:         30 October 2012
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.
Dated 19 November 2012
Sponsor – The Standard Bank of South Africa Limited
Further information on the Note issued please contact:
Johann Erasmus           SBSA (Sponsor)      (011) 378 7826
Email: johann.erasmus@standardbank.co.za

Date: 20/11/2012 08:45:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). 
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