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THE STANDARD BANK OF SOUTH AFRICA LIMITED - New Financial Instrument Listing Announcement - CLN554?

Release Date: 28/12/2018 10:36
Code(s): CLN554     PDF:  
Wrap Text
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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