New Financial Instrument Listing Announcement - “CLN554”
The Standard Bank of South Africa Limited
New Financial Instrument Listing Announcement - “CLN554”
Stock Code: CLN554
ISIN Code: ZAG000156225
The JSE Limited has granted a listing to The Standard Bank of
South Africa Limited – CLN554 Senior Unsecured Credit Linked
Notes due 20 March 2023 - 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) ZAR31,876,802,552.43
Full Note details are as follows:
Issue Date: 31 December 2018
Nominal Issued: ZAR75,000,000
Coupon Rate: As per the Applicable
Pricing Supplement
Coupon Indicator: Fixed
Interest Determination Dates: Each 20 June and 20 December
of each year commencing on
the Interest Commencement
Date until the Maturity
Date.
Trade Type: Price
Issue Price: ZAR 75,202,972.60
Maturity Date: 20 March 2023
Interest Commencement Date: 20 December 2018
First Interest Payment Date: 20 June 2019
Interest Payment Dates: Each 20 June and 20 December
until the Maturity Date
Business Day Count/Convention: Actual/365 (Fixed) and
Following Business Day
Books Close: Each 10 June and 10 December
of each year commencing on
10 June 2019, until the
applicable Interest Payment
Date
Last day to register: 17h00 on 09 June and 09
December of each year
commencing on 09 June 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 10:36:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE').
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